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    Question

    Amit purchased a bike for Rs. 18,000. He spent 20% of

    the cost he paid for the bike on repairs. Afterward, he sold the bike to Chaman and made a profit of 25%. Calculate the amount that Chaman paid to Amit.
    A Rs. 25,500 Correct Answer Incorrect Answer
    B Rs. 27,500 Correct Answer Incorrect Answer
    C Rs. 27,000 Correct Answer Incorrect Answer
    D Rs. 26,500 Correct Answer Incorrect Answer

    Solution

    Total cost of the bike for Amit = 18000 × 1.20 = Rs. 21,600 Amount paid by Chaman = 21600 × 1.25 = Rs. 27,000

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