A man sells an article for Rs. 3020 at a loss of 20%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 3775.
- A. Rs. 3775 ✓
- B. Rs. 3544
Why not B: “Rs. 3544” is not Rs. 3775.
- C. Rs. 3476
Why not C: “Rs. 3476” is not Rs. 3775.
- D. Rs. 4442
Why not D: “Rs. 4442” is not Rs. 3775.
Correct answer
A. Rs. 3775
Explanation
Rs. 3775 (option A) is the accepted answer to “A man sells an article for Rs. 3020 at a loss of 20%. Find the cost price.”. Option B (Rs. 3544) is a different value from Rs. 3775. Option C (Rs. 3476) is a different value from Rs. 3775. Option D (Rs. 4442) is a different value from Rs. 3775. Keep Rs. 3775 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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