Rupert purchase a second-hand TV for Rs. 4,600, spends some money on its repairs, and then sells it for Rs. 5,406, thereby earning a profit of 6%. How much did Rupert spend on the repairs?
- AOption (a)
Rs. 450
- BOption (b)
Rs. 500
- COption (c)
Rs. 400
- DOption (d)
Rs. 600
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Correct answer
Rs. 500
Why this answer is correct
Given:
Purchase price of TV = Rs. 4,600
Selling price of TV = Rs. 5,406
Profit percentage = 6%
Formula used:
Profit = Selling Price (SP) - Cost Price (CP)
Profit% = (Profit/CP) × 100
CP = Purchase price + Repair Cost
Calculation:
⇒ Profit = (Profit% × CP) / 100
⇒ 5,406 - CP = (6 × CP) / 100
⇒ 540,600 = 6 × CP + 100 × CP
⇒ 540,600 = 106 × CP
⇒ CP = 540,600 / 106
⇒ CP = 5,100
⇒ CP = Purchase price + Repair Cost
⇒ 5,100 = 4,600 + Repair Cost
⇒ Repair Cost = 5,100 - 4,600
⇒ Repair Cost = Rs. 500
Thus, Rupert spent Rs. 500 on the repairs.






















