A man sells an article for Rs. 355 at a profit of 10%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 323.
- A. Rs. 394
Why not A: “Rs. 394” is not Rs. 323.
- B. Rs. 383
Why not B: “Rs. 383” is not Rs. 323.
- C. Rs. 323 ✓
- D. Rs. 403
Why not D: “Rs. 403” is not Rs. 323.
Correct answer
C. Rs. 323
Explanation
Rs. 323 (option C) is the accepted answer to “A man sells an article for Rs. 355 at a profit of 10%. Find the cost price.”. Option A (Rs. 394) is a different value from Rs. 323. Option B (Rs. 383) is a different value from Rs. 323. Option D (Rs. 403) is a different value from Rs. 323. Keep Rs. 323 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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