A man sells an article for Rs. 1270 at a profit of 12%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 1134.
- A. Rs. 1215
Why not A: “Rs. 1215” is not Rs. 1134.
- B. Rs. 1134 ✓
- C. Rs. 1351
Why not C: “Rs. 1351” is not Rs. 1134.
- D. Rs. 886
Why not D: “Rs. 886” is not Rs. 1134.
Correct answer
B. Rs. 1134
Explanation
Rs. 1134 (option B) is the accepted answer to “A man sells an article for Rs. 1270 at a profit of 12%. Find the cost price.”. Option A (Rs. 1215) is a different value from Rs. 1134. Option C (Rs. 1351) is a different value from Rs. 1134. Option D (Rs. 886) is a different value from Rs. 1134. Keep Rs. 1134 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
Related MCQs
- Find the selling price of an item bought for Rs. 1090 to gain 25%.
- A trader buys an article for Rs. 2535 and sells it for Rs. 3549. Find the profit percentage.
- A man sells an article for Rs. 505 at a profit of 35%. Find the cost price.
- A man sells an article for Rs. 2335 at a profit of 35%. Find the cost price.
- A trader buys an article for Rs. 4365 and sells it for Rs. 3143. Find the loss percentage.
- Find the selling price of an item bought for Rs. 1015 to gain 10%.