Mathematics · Profit and Loss
An electronics repairman purchased a defective mixer grinder for Rs. 700. He spent a certain amount on its repair and then sold it for Rs. 1400. If the profit percentage made by the repairman is 50%, what was the amount spent on repairs (rounded off to the nearest integer)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 333
- 2Rs. 430
- 3Rs. 303
- 4Rs. 233✓
Correct answer
Rs. 233
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