Question

a person bought a scooter at certain amount ,spent 10 % of cp on repair.if he sold the scooter at profit of rs 1100 then what is the cp if he made 20% profit

Answer 1

total profit = Rs 1100

%profit = 20%

20% = 1100,

so,

100% = 5500

Rs. 5500 would be the cost price for person

He spends 10% on repairing. So,
lnitial Cost + Repair Cost = 5500

Let initial cost be X. Then,

X +10% of X = 5500
1.1X= 5500
X = 5500/1.1
X = 5000