A man sells an article for Rs. 1595 at a loss of 28%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: D. Rs. 2215.
- A. Rs. 1916
Why not A: “Rs. 1916” is not Rs. 2215.
- B. Rs. 2624
Why not B: “Rs. 2624” is not Rs. 2215.
- C. Rs. 2460
Why not C: “Rs. 2460” is not Rs. 2215.
- D. Rs. 2215 ✓
Correct answer
D. Rs. 2215
Explanation
Rs. 2215 (option D) is the accepted answer to “A man sells an article for Rs. 1595 at a loss of 28%. Find the cost price.”. Option A (Rs. 1916) is a different value from Rs. 2215. Option B (Rs. 2624) is a different value from Rs. 2215. Option C (Rs. 2460) is a different value from Rs. 2215. Keep Rs. 2215 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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