31. 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%
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Answered by
9
Answer:
Correct option is
C
Rs. 500
Let the C.P. be Rs. x. Then, 20% of x = 1100
⇒
100
20
×x=1100
⇒x=
20
1100×100
=5500
C.P.=5500 Spend on repair 10%
Actual Price=
110
100
×5500=5000
Spend on repair=5500−5000=500Rs.
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