A man sells an article for Rs. 3045 at a profit of 12%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 2719.
- A. Rs. 2719 ✓
- B. Rs. 2973
Why not B: “Rs. 2973” is not Rs. 2719.
- C. Rs. 3369
Why not C: “Rs. 3369” is not Rs. 2719.
- D. Rs. 2214
Why not D: “Rs. 2214” is not Rs. 2719.
Correct answer
A. Rs. 2719
Explanation
Rs. 2719 (option A) is the accepted answer to “A man sells an article for Rs. 3045 at a profit of 12%. Find the cost price.”. Option B (Rs. 2973) is a different value from Rs. 2719. Option C (Rs. 3369) is a different value from Rs. 2719. Option D (Rs. 2214) is a different value from Rs. 2719. Keep Rs. 2719 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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