A man sells an article for Rs. 1500 at a loss of 40%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 2500.
- A. Rs. 2287
Why not A: “Rs. 2287” is not Rs. 2500.
- B. Rs. 2500 ✓
- C. Rs. 2133
Why not C: “Rs. 2133” is not Rs. 2500.
- D. Rs. 2046
Why not D: “Rs. 2046” is not Rs. 2500.
Correct answer
B. Rs. 2500
Explanation
Rs. 2500 (option B) is the accepted answer to “A man sells an article for Rs. 1500 at a loss of 40%. Find the cost price.”. Option A (Rs. 2287) is a different value from Rs. 2500. Option C (Rs. 2133) is a different value from Rs. 2500. Option D (Rs. 2046) is a different value from Rs. 2500. Keep Rs. 2500 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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