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Jacob bought a scooter for certain sum of money. He spent 10% of the cost on repairs and sold the scooter for a profit of Rs. 1100. How much did he spend on repairs if he made a profit of 20%?

 

  • Option 1)

     

    Rs 350

     

  • Option 2)

     

    Rs 440

     

  • Option 3)

     

    Rs 500

     

  • Option 4)

     

    Rs 550

     

  • Option 5)

     

    Rs 400

     

Answers (1)

best_answer

Let CP = 100  ,   New CP = 110 (with repair)

Profit = 1100 or 20%

\left ( \frac{1}{5} \right )CP=1100

CP=5500

Old CP is 1.1 \times CP = 5500 , CP = 5000 ,

Repair = 500

 

Posted by

rishi.raj

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