A man sells an article for Rs. 3500 at a profit of 28%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 2734.
- A. Rs. 2577
Why not A: “Rs. 2577” is not Rs. 2734.
- B. Rs. 2734 ✓
- C. Rs. 3371
Why not C: “Rs. 3371” is not Rs. 2734.
- D. Rs. 2071
Why not D: “Rs. 2071” is not Rs. 2734.
Correct answer
B. Rs. 2734
Explanation
Rs. 2734 (option B) is the accepted answer to “A man sells an article for Rs. 3500 at a profit of 28%. Find the cost price.”. Option A (Rs. 2577) is a different value from Rs. 2734. Option C (Rs. 3371) is a different value from Rs. 2734. Option D (Rs. 2071) is a different value from Rs. 2734. Keep Rs. 2734 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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