A man sells an article for Rs. 340 at a profit of 40%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: D. Rs. 243.
- A. Rs. 200
Why not A: “Rs. 200” is not Rs. 243.
- B. Rs. 259
Why not B: “Rs. 259” is not Rs. 243.
- C. Rs. 204
Why not C: “Rs. 204” is not Rs. 243.
- D. Rs. 243 ✓
Correct answer
D. Rs. 243
Explanation
Rs. 243 (option D) is the accepted answer to “A man sells an article for Rs. 340 at a profit of 40%. Find the cost price.”. Option A (Rs. 200) is a different value from Rs. 243. Option B (Rs. 259) is a different value from Rs. 243. Option C (Rs. 204) is a different value from Rs. 243. Keep Rs. 243 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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