A man sells an article for Rs. 1740 at a profit of 20%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 1450.
- A. Rs. 1450 ✓
- B. Rs. 1794
Why not B: “Rs. 1794” is not Rs. 1450.
- C. Rs. 1259
Why not C: “Rs. 1259” is not Rs. 1450.
- D. Rs. 1675
Why not D: “Rs. 1675” is not Rs. 1450.
Correct answer
A. Rs. 1450
Explanation
Rs. 1450 (option A) is the accepted answer to “A man sells an article for Rs. 1740 at a profit of 20%. Find the cost price.”. Option B (Rs. 1794) is a different value from Rs. 1450. Option C (Rs. 1259) is a different value from Rs. 1450. Option D (Rs. 1675) is a different value from Rs. 1450. Keep Rs. 1450 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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