A man sells an article for Rs. 2005 at a profit of 38%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 1453.
- A. Rs. 1367
Why not A: “Rs. 1367” is not Rs. 1453.
- B. Rs. 1260
Why not B: “Rs. 1260” is not Rs. 1453.
- C. Rs. 1453 ✓
- D. Rs. 1650
Why not D: “Rs. 1650” is not Rs. 1453.
Correct answer
C. Rs. 1453
Explanation
Rs. 1453 (option C) is the accepted answer to “A man sells an article for Rs. 2005 at a profit of 38%. Find the cost price.”. Option A (Rs. 1367) is a different value from Rs. 1453. Option B (Rs. 1260) is a different value from Rs. 1453. Option D (Rs. 1650) is a different value from Rs. 1453. Keep Rs. 1453 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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