Question

by selling an article for Rs 1470 a trader gains one sixth of its cost price find the cost price

Answer 1

SP = 1470 Rs

ATQ,

CP + 1/6CP = 1470
7/6CP = 1470
CP = 210 × 6

So Cost price = 1260 Rs

hope this helps you out!

Answer 2

Answer:

SP = 1470

Let CP =X

X+ X/6 =1470

7X/6 =1470

X= 210×6= 1260

Cost price of the article is 1260 rupees.