Question

John says Jim owes him an extra 10% over the initial amount of Rs 500. What is the price Jim owes John, according to John?

• A. Rs 510
• B. Rs 475
• C. Rs 545
• D. Rs 550

Answer 1

The correct option is D Rs 550

According to John, Jim owes him an additional 10% over the existing Rs 500 debt.

Thus, the new amount is equal to $Rs500+\frac{10}{100}\times Rs500=Rs500+Rs50=Rs550$