A man sells an article for Rs. 1690 at a profit of 38%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 1225.
- A. Rs. 1225 ✓
- B. Rs. 1413
Why not B: “Rs. 1413” is not Rs. 1225.
- C. Rs. 1481
Why not C: “Rs. 1481” is not Rs. 1225.
- D. Rs. 1304
Why not D: “Rs. 1304” is not Rs. 1225.
Correct answer
A. Rs. 1225
Explanation
Rs. 1225 (option A) is the accepted answer to “A man sells an article for Rs. 1690 at a profit of 38%. Find the cost price.”. Option B (Rs. 1413) is a different value from Rs. 1225. Option C (Rs. 1481) is a different value from Rs. 1225. Option D (Rs. 1304) is a different value from Rs. 1225. Keep Rs. 1225 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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