Question

a shopkeeper sold a fan for 1152 thereby gaining 1/8 of its cost price. find its cost price.

Answer 1

The price 1152 has a gain of 1/8 of the original price.. therefore it is 9/8 of the original

1152 divided by 9 = 128 so each unit is 128

to get the cost price, multiply 128 by 8 = 1204

Checking:

128x8=1024 - (cost price)

1024 x 1/8 = 128 -(gain)

1024+128 = 1152

Answer 2

hope it helps u..........