A man sells an article for Rs. 2000 at a loss of 20%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 2500.
- A. Rs. 2358
Why not A: “Rs. 2358” is not Rs. 2500.
- B. Rs. 2149
Why not B: “Rs. 2149” is not Rs. 2500.
- C. Rs. 2500 ✓
- D. Rs. 2634
Why not D: “Rs. 2634” is not Rs. 2500.
Correct answer
C. Rs. 2500
Explanation
Rs. 2500 (option C) is the accepted answer to “A man sells an article for Rs. 2000 at a loss of 20%. Find the cost price.”. Option A (Rs. 2358) is a different value from Rs. 2500. Option B (Rs. 2149) is a different value from Rs. 2500. Option D (Rs. 2634) is a different value from Rs. 2500. Keep Rs. 2500 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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