By selling an article for rs 1470, a man gains 1/6th of its cost price. Find its cost price.
Suppose the cost price of an article is x.
Gain = 1/6 of the cost price =
And the selling price of an article = Rs.1470
So we have;
Therefore, the cost price of an article is Rs.1260.
Gain = 1/6 of the cost price =
And the selling price of an article = Rs.1470
So we have;
Therefore, the cost price of an article is Rs.1260.