Question

Jacob bought a scooter for a certain amount 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%?

• A. Rs. 400
• B. Rs. 440
• C. Rs. 500
• D. Rs. 550
• E. Rs.650

Answer 1

The correct option is C

Rs. 500

Let the C.P be Rs.x.

Then, $20\%ofx=1100⟹x=5500$

C.P = Rs.5500
Expenditure on repairs = 10%

Actual price = Rs.$\left(\frac{100}{110}\times 5500\right)=Rs.5000$

Expenditure on repairs = Rs.500