A man sells an article for Rs. 2495 at a loss of 38%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: D. Rs. 4024.
- A. Rs. 4640
Why not A: “Rs. 4640” is not Rs. 4024.
- B. Rs. 3087
Why not B: “Rs. 3087” is not Rs. 4024.
- C. Rs. 3516
Why not C: “Rs. 3516” is not Rs. 4024.
- D. Rs. 4024 ✓
Correct answer
D. Rs. 4024
Explanation
Rs. 4024 (option D) is the accepted answer to “A man sells an article for Rs. 2495 at a loss of 38%. Find the cost price.”. Option A (Rs. 4640) is a different value from Rs. 4024. Option B (Rs. 3087) is a different value from Rs. 4024. Option C (Rs. 3516) is a different value from Rs. 4024. Keep Rs. 4024 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
Related MCQs
- Find the selling price of an item bought for Rs. 2840 to gain 15%.
- A trader buys an article for Rs. 885 and sells it for Rs. 752. Find the loss percentage.
- A man sells an article for Rs. 2370 at a loss of 30%. Find the cost price.
- A man sells an article for Rs. 2720 at a profit of 35%. Find the cost price.
- A trader buys an article for Rs. 1875 and sells it for Rs. 1650. Find the loss percentage.
- Find the selling price of an item bought for Rs. 1750 to gain 5%.