A man sells an article for Rs. 3380 at a profit of 20%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 2817.
- A. Rs. 3271
Why not A: “Rs. 3271” is not Rs. 2817.
- B. Rs. 3332
Why not B: “Rs. 3332” is not Rs. 2817.
- C. Rs. 2817 ✓
- D. Rs. 3342
Why not D: “Rs. 3342” is not Rs. 2817.
Correct answer
C. Rs. 2817
Explanation
Rs. 2817 (option C) is the accepted answer to “A man sells an article for Rs. 3380 at a profit of 20%. Find the cost price.”. Option A (Rs. 3271) is a different value from Rs. 2817. Option B (Rs. 3332) is a different value from Rs. 2817. Option D (Rs. 3342) is a different value from Rs. 2817. Keep Rs. 2817 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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