A man sells an article for Rs. 155 at a profit of 35%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 115.
- A. Rs. 100
Why not A: “Rs. 100” is not Rs. 115.
- B. Rs. 115 ✓
- C. Rs. 137
Why not C: “Rs. 137” is not Rs. 115.
- D. Rs. 144
Why not D: “Rs. 144” is not Rs. 115.
Correct answer
B. Rs. 115
Explanation
Rs. 115 (option B) is the accepted answer to “A man sells an article for Rs. 155 at a profit of 35%. Find the cost price.”. Option A (Rs. 100) is a different value from Rs. 115. Option C (Rs. 137) is a different value from Rs. 115. Option D (Rs. 144) is a different value from Rs. 115. Keep Rs. 115 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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