A man sells an article for Rs. 250 at a loss of 22%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: D. Rs. 321.
- A. Rs. 358
Why not A: “Rs. 358” is not Rs. 321.
- B. Rs. 380
Why not B: “Rs. 380” is not Rs. 321.
- C. Rs. 344
Why not C: “Rs. 344” is not Rs. 321.
- D. Rs. 321 ✓
Correct answer
D. Rs. 321
Explanation
Rs. 321 (option D) is the accepted answer to “A man sells an article for Rs. 250 at a loss of 22%. Find the cost price.”. Option A (Rs. 358) is a different value from Rs. 321. Option B (Rs. 380) is a different value from Rs. 321. Option C (Rs. 344) is a different value from Rs. 321. Keep Rs. 321 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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