A man sells an article for Rs. 2825 at a loss of 5%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 2974.
- A. Rs. 2765
Why not A: “Rs. 2765” is not Rs. 2974.
- B. Rs. 2974 ✓
- C. Rs. 3282
Why not C: “Rs. 3282” is not Rs. 2974.
- D. Rs. 2238
Why not D: “Rs. 2238” is not Rs. 2974.
Correct answer
B. Rs. 2974
Explanation
Rs. 2974 (option B) is the accepted answer to “A man sells an article for Rs. 2825 at a loss of 5%. Find the cost price.”. Option A (Rs. 2765) is a different value from Rs. 2974. Option C (Rs. 3282) is a different value from Rs. 2974. Option D (Rs. 2238) is a different value from Rs. 2974. Keep Rs. 2974 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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