Question

one thing sold for rs 60 then 1/5 profit get on cost price.then what is the cost price of it?​

Answer 1

Answer: cost price=50

Step-by-step explanation:

Let cost price be x

Profit=60-x

According to given condition,

1/5*x=60-x

So x=(60-x)*5

x=300-5x

6x=300

So x=50