A man sells an article for Rs. 180 at a profit of 38%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 130.
- A. Rs. 160
Why not A: “Rs. 160” is not Rs. 130.
- B. Rs. 143
Why not B: “Rs. 143” is not Rs. 130.
- C. Rs. 130 ✓
- D. Rs. 114
Why not D: “Rs. 114” is not Rs. 130.
Correct answer
C. Rs. 130
Explanation
Rs. 130 (option C) is the accepted answer to “A man sells an article for Rs. 180 at a profit of 38%. Find the cost price.”. Option A (Rs. 160) is a different value from Rs. 130. Option B (Rs. 143) is a different value from Rs. 130. Option D (Rs. 114) is a different value from Rs. 130. Keep Rs. 130 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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