A man sells an article for Rs. 2550 at a loss of 5%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 2684.
- A. Rs. 2684 ✓
- B. Rs. 2475
Why not B: “Rs. 2475” is not Rs. 2684.
- C. Rs. 2183
Why not C: “Rs. 2183” is not Rs. 2684.
- D. Rs. 2022
Why not D: “Rs. 2022” is not Rs. 2684.
Correct answer
A. Rs. 2684
Explanation
Rs. 2684 (option A) is the accepted answer to “A man sells an article for Rs. 2550 at a loss of 5%. Find the cost price.”. Option B (Rs. 2475) is a different value from Rs. 2684. Option C (Rs. 2183) is a different value from Rs. 2684. Option D (Rs. 2022) is a different value from Rs. 2684. Keep Rs. 2684 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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