A man sells an article for Rs. 1760 at a profit of 12%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 1571.
- A. Rs. 1202
Why not A: “Rs. 1202” is not Rs. 1571.
- B. Rs. 1571 ✓
- C. Rs. 1360
Why not C: “Rs. 1360” is not Rs. 1571.
- D. Rs. 1264
Why not D: “Rs. 1264” is not Rs. 1571.
Correct answer
B. Rs. 1571
Explanation
Rs. 1571 (option B) is the accepted answer to “A man sells an article for Rs. 1760 at a profit of 12%. Find the cost price.”. Option A (Rs. 1202) is a different value from Rs. 1571. Option C (Rs. 1360) is a different value from Rs. 1571. Option D (Rs. 1264) is a different value from Rs. 1571. Keep Rs. 1571 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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