Question

Jacob bought a scooter for a 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 $20\%$.

• A. Rs. $400$
• B. Rs. $440$
• C. Rs. $500$
• D. Rs. $550$

Answer 1

Answer: (C)

Rs. $500$

Total profit $=$ Rs. $1100$
Percent profit $=20$
$\Rightarrow 20\%=1100$

So, $100\%=5500$

Rs. $5500$ would be the cost price for Jacob.
He spends $10\%$ on repairing. so, the cost price was Rs. $5000$.
Thus, he spends Rs. $500$ on repairing.