A man sells an article for Rs. 250 at a loss of 40%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: D. Rs. 417.
- A. Rs. 349
Why not A: “Rs. 349” is not Rs. 417.
- B. Rs. 481
Why not B: “Rs. 481” is not Rs. 417.
- C. Rs. 487
Why not C: “Rs. 487” is not Rs. 417.
- D. Rs. 417 ✓
Correct answer
D. Rs. 417
Explanation
Rs. 417 (option D) is the accepted answer to “A man sells an article for Rs. 250 at a loss of 40%. Find the cost price.”. Option A (Rs. 349) is a different value from Rs. 417. Option B (Rs. 481) is a different value from Rs. 417. Option C (Rs. 487) is a different value from Rs. 417. Keep Rs. 417 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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