A man sells an article for Rs. 3050 at a profit of 15%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 2652.
- A. Rs. 3179
Why not A: “Rs. 3179” is not Rs. 2652.
- B. Rs. 2652 ✓
- C. Rs. 2268
Why not C: “Rs. 2268” is not Rs. 2652.
- D. Rs. 2503
Why not D: “Rs. 2503” is not Rs. 2652.
Correct answer
B. Rs. 2652
Explanation
Rs. 2652 (option B) is the accepted answer to “A man sells an article for Rs. 3050 at a profit of 15%. Find the cost price.”. Option A (Rs. 3179) is a different value from Rs. 2652. Option C (Rs. 2268) is a different value from Rs. 2652. Option D (Rs. 2503) is a different value from Rs. 2652. Keep Rs. 2652 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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