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By selling an exhaust fan for Rs. 1470, a man gains profit of 1/6 of its cost price. Find its cost price.​

Sagot :

Answer:

₹245 is the cost

Step-by-step explanation:

Given:

Cost of the fan = ₹1470

1/6th =  1470/1  × 1/6

(do not cross multiply and simplify)

=  ₹245

Answer:

Rs 1260

Step-by-step explanation:

let x be the cost price , then

x + [tex]\frac{1}{6}[/tex] x = 1470 , that is

[tex]\frac{7}{6}[/tex] x = 1470 ( multiply both sides by 6 to clear the fraction )

7x = 8820 ( divide both sides by 7 )

x = 1260

The cost price was Rs 1260

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