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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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