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

Answer» N selling an exhaust fan for 7350 , a MAN gains 1/6 of its cost price.To find:Cost Price of the fanSolution:Let the cost price of fan be x Know More:PROFIT, P = SP – CP; SP>CPLoss, L = CP – SP; CP>SPP% = (P/CP) x 100L% = (L/CP) x 100SP = {(100 + P%)/100} x CPSP = {(100 – L%)/100} x CPCP = {100/(100 + P%)} x SPCP = {100/(100 – L%)} x SPDiscount = MP – SPSP = MP -Discount


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