A man sells an article for Rs. 1550 at a loss of 5%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: D. Rs. 1632.
- A. Rs. 1977
Why not A: “Rs. 1977” is not Rs. 1632.
- B. Rs. 1470
Why not B: “Rs. 1470” is not Rs. 1632.
- C. Rs. 1822
Why not C: “Rs. 1822” is not Rs. 1632.
- D. Rs. 1632 ✓
Correct answer
D. Rs. 1632
Explanation
Rs. 1632 (option D) is the accepted answer to “A man sells an article for Rs. 1550 at a loss of 5%. Find the cost price.”. Option A (Rs. 1977) is a different value from Rs. 1632. Option B (Rs. 1470) is a different value from Rs. 1632. Option C (Rs. 1822) is a different value from Rs. 1632. Keep Rs. 1632 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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