A man sells an article for Rs. 1270 at a profit of 40%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: D. Rs. 907.
- A. Rs. 1117
Why not A: “Rs. 1117” is not Rs. 907.
- B. Rs. 734
Why not B: “Rs. 734” is not Rs. 907.
- C. Rs. 993
Why not C: “Rs. 993” is not Rs. 907.
- D. Rs. 907 ✓
Correct answer
D. Rs. 907
Explanation
Rs. 907 (option D) is the accepted answer to “A man sells an article for Rs. 1270 at a profit of 40%. Find the cost price.”. Option A (Rs. 1117) is a different value from Rs. 907. Option B (Rs. 734) is a different value from Rs. 907. Option C (Rs. 993) is a different value from Rs. 907. Keep Rs. 907 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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