Question

On selling an exhaust fan for Rs 7350 , a man gains 1/6 of its cost price. Find the cost price of the fan.com

Answer 1

Hlo friend, here is your answer.


Given that

Selling Price = ₹7,350

Gain = 1/6 of Cost Price

We have to find the cost price.

Solution

Let the cost price of the fan be x. Then,

gain = 1/6x = x/6

Cost Price = Selling Price - Gain

x = 7,350 - x/6

x + x/6 = 7,350

6x + x/6 = 7,350

7x/6 = 7,350

x = 7,350×6/7

x = 6,300

Hence, the cost price of the fan is ₹6,300.


Hope it helps you.

With regards@

Tanisha

Answer 2

Hi ,

According to the problem given ,

Selling price of the exhaust fan = S.P = Rs 7350

Let the cost price of the exhaust fan ( C.P ) = Rs x

Gain = 1 / 6 of C.P

= x / 6

We know that ,

Cost price = Selling Price - Gain

x = 7350 - x / 6

x + x / 6 = 7350

( 6x + x ) / 6 = 7350

7x / 6 = 7350

x = 7350 × ( 6 / 7 )

x = 1050 × 6

x = 6300

therefore ,

Cost price of the exhaust fan = x = Rs6300

I hope this helps you.

:)