Question

Venkat brought a second-hand scooter and spent 10% of the cost on its repairs. He sold the scooter for a profit of Rs.2200. How much did he spend on repairs if he made a profit of 20%.

• A. Rs.750
• B. Rs.1000
• C. Rs.400
• D. Rs.1200

Answer 1

Answer:

B. Rs.1000

Let us consider Venkat bought the scooter at 100x Rs.

He spent 10% on repair

CP= 110X

Profit % = 20%

$SP=110x\times{\frac{120}{100}}$

$SP=132x$

$132x-110x=2200$

$22x=2200$

$x=100$

Amount spent on repair $= 10x = 10\times{100}=1000$