Question

A car dealer sells a scooter for $\$1000$, which represents a $25\%$ profit over the cost. What was the cost of the scooter to the dealer $\left(\$\right)$?

• A. 600
• B. 800
• C. 700
• D. 500
• E. None of these

Answer 1

The correct option is B

800

Let the cost to the scooter be $x$

$25\%ofx=\frac{25}{100}x$

$x+\frac{25}{100}x=1000$

$\frac{100x+25x}{100}=1000$

$\frac{125x}{100}=1000$

$x=800$