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%?
Correct Answer : C
The ratio of the cost price and the selling price is 4 : 5. The profit percent is:
A man bought a number of clips at 3 for a rupee and an equal number at 2 for a rupee. At what price per dozen should he sell them to make a profit of 20%?
A grocer sells rice at a profit of 10% and uses weights which are 20% less than the market weight. The total gain earned by him will be: