A man sells an article for Rs. 3370 at a profit of 32%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 2553.
- A. Rs. 2942
Why not A: “Rs. 2942” is not Rs. 2553.
- B. Rs. 2553 ✓
- C. Rs. 2743
Why not C: “Rs. 2743” is not Rs. 2553.
- D. Rs. 2421
Why not D: “Rs. 2421” is not Rs. 2553.
Correct answer
B. Rs. 2553
Explanation
Rs. 2553 (option B) is the accepted answer to “A man sells an article for Rs. 3370 at a profit of 32%. Find the cost price.”. Option A (Rs. 2942) is a different value from Rs. 2553. Option C (Rs. 2743) is a different value from Rs. 2553. Option D (Rs. 2421) is a different value from Rs. 2553. Keep Rs. 2553 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. 2955 to gain 20%.
- A trader buys an article for Rs. 4450 and sells it for Rs. 6230. Find the profit percentage.
- A man sells an article for Rs. 890 at a profit of 15%. Find the cost price.
- A man sells an article for Rs. 990 at a loss of 10%. Find the cost price.
- A trader buys an article for Rs. 1315 and sells it for Rs. 1210. Find the loss percentage.
- Find the selling price of an item bought for Rs. 65 to gain 20%.