A man sells an article for Rs. 2570 at a profit of 30%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 1977.
- A. Rs. 1977 ✓
- B. Rs. 1485
Why not B: “Rs. 1485” is not Rs. 1977.
- C. Rs. 2390
Why not C: “Rs. 2390” is not Rs. 1977.
- D. Rs. 2204
Why not D: “Rs. 2204” is not Rs. 1977.
Correct answer
A. Rs. 1977
Explanation
Rs. 1977 (option A) is the accepted answer to “A man sells an article for Rs. 2570 at a profit of 30%. Find the cost price.”. Option B (Rs. 1485) is a different value from Rs. 1977. Option C (Rs. 2390) is a different value from Rs. 1977. Option D (Rs. 2204) is a different value from Rs. 1977. Keep Rs. 1977 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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