A man sells an article for Rs. 1045 at a loss of 12%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 1188.
- A. Rs. 1188 ✓
- B. Rs. 1417
Why not B: “Rs. 1417” is not Rs. 1188.
- C. Rs. 925
Why not C: “Rs. 925” is not Rs. 1188.
- D. Rs. 1377
Why not D: “Rs. 1377” is not Rs. 1188.
Correct answer
A. Rs. 1188
Explanation
Rs. 1188 (option A) is the accepted answer to “A man sells an article for Rs. 1045 at a loss of 12%. Find the cost price.”. Option B (Rs. 1417) is a different value from Rs. 1188. Option C (Rs. 925) is a different value from Rs. 1188. Option D (Rs. 1377) is a different value from Rs. 1188. Keep Rs. 1188 as the Profit and Loss Mcqs fact for this stem.
Source: FPSC/NTS Generated Practice Set
Tags: FPSC, NTS, Profit and Loss
Submitted by: MCQsHub Editorial
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