Azeez bought a scooter for some amount and spent 20% of it for repairs. After the repairs, he sold it for 30% profit. In the process Azeez made Rs. 3,600 as profit, what was the amount spent on repairs?
Azeez bought a scooter for some amount and spent 20% of it for repairs. After the repairs, he sold it for 30% profit. In the process Azeez made Rs. 3,600 as profit, what was the amount spent on repairs? Correct Answer Rs. 2,000
Given:
Total profit = 3600
Profit % = 30%
Amount % spent on repairs = 20%
Calculation:
30% = 3600
⇒ 100% = 12000
⇒ Cost price = 12000
20% spent on repairs
⇒ Initial cost + Repair cost = 12000
Let X be the initial cost, then
⇒ X + (20% of X) = 12000
X = 10000
∴ Amount spent on repairs = 20% of X = (20/100) × 10000 = 2000
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Feb 20, 2025