Question

A shopkeeper sells a lamp for RS. 350 and gains 1/6 of its cost price. find its cost price ?​

Answer 1

Answer:

formula is cp = sp - profit

the seller earns the profit of 58.33 that is 1/6 of 350

and then subtract profit from selling price that is

350 - 58.33 = 291.67

Answer 2

let CP of lamp be RS. x

Step-by-step explanation:

s.p.=RS 350

1/6x