A man sells an article for Rs. 3080 at a profit of 22%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 2525.
- A. Rs. 2525 ✓
- B. Rs. 1925
Why not B: “Rs. 1925” is not Rs. 2525.
- C. Rs. 2343
Why not C: “Rs. 2343” is not Rs. 2525.
- D. Rs. 2769
Why not D: “Rs. 2769” is not Rs. 2525.
Correct answer
A. Rs. 2525
Explanation
Rs. 2525 (option A) is the accepted answer to “A man sells an article for Rs. 3080 at a profit of 22%. Find the cost price.”. Option B (Rs. 1925) is a different value from Rs. 2525. Option C (Rs. 2343) is a different value from Rs. 2525. Option D (Rs. 2769) is a different value from Rs. 2525. Keep Rs. 2525 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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