A man sells an article for Rs. 1605 at a profit of 32%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 1216.
- A. Rs. 933
Why not A: “Rs. 933” is not Rs. 1216.
- B. Rs. 1065
Why not B: “Rs. 1065” is not Rs. 1216.
- C. Rs. 1216 ✓
- D. Rs. 1468
Why not D: “Rs. 1468” is not Rs. 1216.
Correct answer
C. Rs. 1216
Explanation
Rs. 1216 (option C) is the accepted answer to “A man sells an article for Rs. 1605 at a profit of 32%. Find the cost price.”. Option A (Rs. 933) is a different value from Rs. 1216. Option B (Rs. 1065) is a different value from Rs. 1216. Option D (Rs. 1468) is a different value from Rs. 1216. Keep Rs. 1216 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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