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Question

John bought a car for a certain sum of money. He spent 10% of the cost on repairs and sold the car for a profit of Rs. 11000. How much did he spend on repairs, if he made a profit of 20%?

A
Rs. 4000
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B
Rs. 4400
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C
Rs. 5000
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D
Rs. 5500
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Solution

The correct option is C Rs. 5000
Let C.P = Rs. x.
Then, cost on repairs =10% of x= x10
Total cost = x+x10=11x10
Now 20% of 11x10=11000
20100×11x10=11000x=50,000
Expenditure on repairs =10% of C.P.
=10 % of Rs. 50,000 =10100×50,000= Rs. 5000.

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