Question

By selling an fan for Rs. 1470, Mr
Suvas gain 1/6 of it's cost price. Find it's cost price.


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Answer 1

now we know that fan with profit is1470. and profit share is 1/6of cost price

let's take cost of fan is x

and profit is 1/6x

and cost +profit =selling price

x+1/6x=1470

x(1+1/6)=1470

x(7/6)=1470

x=(1470)(6)/7

x=1260