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)

    350

  • Option 2)

    Rs 440

  • Option 3)

    Rs 500

  • Option 4)

    Rs 550

  • Option 5)

    Rs 400

Answers (1)

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

 

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