A man sells an article for Rs. 1650 at a profit of 25%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 1320.
- A. Rs. 1320 ✓
- B. Rs. 1109
Why not B: “Rs. 1109” is not Rs. 1320.
- C. Rs. 1426
Why not C: “Rs. 1426” is not Rs. 1320.
- D. Rs. 1040
Why not D: “Rs. 1040” is not Rs. 1320.
Correct answer
A. Rs. 1320
Explanation
Rs. 1320 (option A) is the accepted answer to “A man sells an article for Rs. 1650 at a profit of 25%. Find the cost price.”. Option B (Rs. 1109) is a different value from Rs. 1320. Option C (Rs. 1426) is a different value from Rs. 1320. Option D (Rs. 1040) is a different value from Rs. 1320. Keep Rs. 1320 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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