A man sells an article for Rs. 1080 at a loss of 28%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 1500.
- A. Rs. 1500 ✓
- B. Rs. 1733
Why not B: “Rs. 1733” is not Rs. 1500.
- C. Rs. 1697
Why not C: “Rs. 1697” is not Rs. 1500.
- D. Rs. 1667
Why not D: “Rs. 1667” is not Rs. 1500.
Correct answer
A. Rs. 1500
Explanation
Rs. 1500 (option A) is the accepted answer to “A man sells an article for Rs. 1080 at a loss of 28%. Find the cost price.”. Option B (Rs. 1733) is a different value from Rs. 1500. Option C (Rs. 1697) is a different value from Rs. 1500. Option D (Rs. 1667) is a different value from Rs. 1500. Keep Rs. 1500 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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