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    Question

    Rihaan purchased a certain article for Rs. 2600 and then

    spent some amount on its repair. He marked up the article by 25% above the effective cost price. He sold the article after giving Rs. 300 discount and earned a 15% profit. Find the amount spent on repair.
    A Rs 500 Correct Answer Incorrect Answer
    B Rs 300 Correct Answer Incorrect Answer
    C Rs 400 Correct Answer Incorrect Answer
    D Rs 600 Correct Answer Incorrect Answer
    E Rs 200 Correct Answer Incorrect Answer

    Solution

    Let repair cost = Rs. x
    Effective cost = 2600 + x
    Marked Price = 1.25(2600 + x)
    Selling Price = Marked – 300 = 1.15(2600 + x)
    1.25(2600 + x) – 1.15(2600 + x) = 300
    0.10(2600 + x) = 300
    2600 + x = 3000
    x = Rs. 400

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