By selling a watch for rs 1505 a man gains 1/6 of its cost price. find the coat price
Let the CP be Rs x
profit= Rs 1/6
SP= Rs 1501
gain + cp = sp
1/6x + x = 1505
x= 1290
Cost price = Rs 1290
profit= Rs 1/6
SP= Rs 1501
gain + cp = sp
1/6x + x = 1505
x= 1290
Cost price = Rs 1290