A man sells an article for Rs. 3270 at a profit of 12%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 2920.
- A. Rs. 2920 ✓
- B. Rs. 2700
Why not B: “Rs. 2700” is not Rs. 2920.
- C. Rs. 3380
Why not C: “Rs. 3380” is not Rs. 2920.
- D. Rs. 2408
Why not D: “Rs. 2408” is not Rs. 2920.
Correct answer
A. Rs. 2920
Explanation
Rs. 2920 (option A) is the accepted answer to “A man sells an article for Rs. 3270 at a profit of 12%. Find the cost price.”. Option B (Rs. 2700) is a different value from Rs. 2920. Option C (Rs. 3380) is a different value from Rs. 2920. Option D (Rs. 2408) is a different value from Rs. 2920. Keep Rs. 2920 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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