a shopkeeper sold a ceiling fan for rupees 1620 thereby gaining 1/8 of the cost price. What did
the shopkeeper pay for it?
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Let cost price be X.
Price at which fan sold = 1/8×X+X
=>1152=X/8+X
=>1152=(X+8X)/8
=>1152=9X/8
=>1152×8/9=X
=>128×8=X
=>X=1024
So, cost price is 1024.
@Mimosa here
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