A man sells an article for Rs. 3275 at a profit of 5%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 3119.
- A. Rs. 2434
Why not A: “Rs. 2434” is not Rs. 3119.
- B. Rs. 2867
Why not B: “Rs. 2867” is not Rs. 3119.
- C. Rs. 3119 ✓
- D. Rs. 3504
Why not D: “Rs. 3504” is not Rs. 3119.
Correct answer
C. Rs. 3119
Explanation
Rs. 3119 (option C) is the accepted answer to “A man sells an article for Rs. 3275 at a profit of 5%. Find the cost price.”. Option A (Rs. 2434) is a different value from Rs. 3119. Option B (Rs. 2867) is a different value from Rs. 3119. Option D (Rs. 3504) is a different value from Rs. 3119. Keep Rs. 3119 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
Related MCQs
- Find the selling price of an item bought for Rs. 1160 to gain 40%.
- A trader buys an article for Rs. 3650 and sells it for Rs. 2482. Find the loss percentage.
- A man sells an article for Rs. 155 at a profit of 35%. Find the cost price.
- A man sells an article for Rs. 2110 at a profit of 5%. Find the cost price.
- A trader buys an article for Rs. 3910 and sells it for Rs. 5083. Find the profit percentage.
- Find the selling price of an item bought for Rs. 1045 to gain 25%.