Lakshya Education MCQs

Question: 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% ?
Options:
A.Rs. 400
B.Rs. 440
C.Rs. 500
D.Rs. 550
Answer: Option C

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More Questions on This Topic :

Question 1. A person sells a table at a profit of 10% . If he had bought the table at 5% less cost and sold for Rs. 80 more, he would have gained 20% . The cost price of the table is = ?
  1.    Rs. 3200
  2.    Rs. 2500
  3.    Rs. 2000
  4.    Rs. 200
Answer: Option C
Question 2. A radio is sold for Rs. 990 at a profit of 10% . What would have been the actual profit or loss on it had it been sold for Rs. 890 ?
  1.    Rs. 10 loss
  2.    Rs. 10 profit
  3.    Rs. 90 loss
  4.    Rs. 90 profit
Answer: Option A
Question 3. A man sells an article at 10% loss. If he had sold it at Rs. 10 more, he would have gained 10% . The cost price of the article is = ?
  1.    Rs. 50
  2.    Rs. 55
  3.    Rs. 100
  4.    Rs. 110
Answer: Option A
Question 4. A person purchased 10 dozen pens at the rate of Rs. 4 per dozen. On checking, he found that 20 pens were not working. In order to earn 25% profit, he should sell the remaining pens each at -
  1.    40 paise
  2.    44 paise
  3.    50 paise
  4.    55 paise
Answer: Option C
Question 5. A shopkeeper sells an article at a loss of $$12\frac{1}{2}$$% . Had he sold it for Rs. 51.80 more, he would have earned a profit of 6% . The cost price of the article is = ?
  1.    Rs. 280
  2.    Rs. 300
  3.    Rs. 380
  4.    Rs. 400
Answer: Option A
Question 6. A man wanted to sell an article with 20% profit: but he actually sold at 20% loss for Rs. 480, at what price he wanted to sell it to earn the profit = ?
  1.    Rs. 720
  2.    Rs. 840
  3.    Rs. 600
  4.    Rs. 750
Answer: Option A

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