A man sells an article for Rs. 3440 at a loss of 20%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 4300.
- A. Rs. 3934
Why not A: “Rs. 3934” is not Rs. 4300.
- B. Rs. 4770
Why not B: “Rs. 4770” is not Rs. 4300.
- C. Rs. 4300 ✓
- D. Rs. 5293
Why not D: “Rs. 5293” is not Rs. 4300.
Correct answer
C. Rs. 4300
Explanation
Rs. 4300 (option C) is the accepted answer to “A man sells an article for Rs. 3440 at a loss of 20%. Find the cost price.”. Option A (Rs. 3934) is a different value from Rs. 4300. Option B (Rs. 4770) is a different value from Rs. 4300. Option D (Rs. 5293) is a different value from Rs. 4300. Keep Rs. 4300 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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