A man sells an article for Rs. 1985 at a loss of 20%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 2481.
- A. Rs. 2481 ✓
- B. Rs. 2000
Why not B: “Rs. 2000” is not Rs. 2481.
- C. Rs. 3018
Why not C: “Rs. 3018” is not Rs. 2481.
- D. Rs. 2222
Why not D: “Rs. 2222” is not Rs. 2481.
Correct answer
A. Rs. 2481
Explanation
Rs. 2481 (option A) is the accepted answer to “A man sells an article for Rs. 1985 at a loss of 20%. Find the cost price.”. Option B (Rs. 2000) is a different value from Rs. 2481. Option C (Rs. 3018) is a different value from Rs. 2481. Option D (Rs. 2222) is a different value from Rs. 2481. Keep Rs. 2481 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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