A man sells an article for Rs. 1375 at a loss of 30%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 1964.
- A. Rs. 1569
Why not A: “Rs. 1569” is not Rs. 1964.
- B. Rs. 1964 ✓
- C. Rs. 2126
Why not C: “Rs. 2126” is not Rs. 1964.
- D. Rs. 1577
Why not D: “Rs. 1577” is not Rs. 1964.
Correct answer
B. Rs. 1964
Explanation
Rs. 1964 (option B) is the accepted answer to “A man sells an article for Rs. 1375 at a loss of 30%. Find the cost price.”. Option A (Rs. 1569) is a different value from Rs. 1964. Option C (Rs. 2126) is a different value from Rs. 1964. Option D (Rs. 1577) is a different value from Rs. 1964. Keep Rs. 1964 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. 235 to gain 20%.
- A trader buys an article for Rs. 4730 and sells it for Rs. 2933. Find the loss percentage.
- A man sells an article for Rs. 5300 at a profit of 22%. Find the cost price.
- A man sells an article for Rs. 3935 at a profit of 20%. Find the cost price.
- A trader buys an article for Rs. 1015 and sells it for Rs. 731. Find the loss percentage.
- Find the selling price of an item bought for Rs. 430 to gain 10%.