A man sells an article for Rs. 3550 at a loss of 30%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 5071.
- A. Rs. 5071 ✓
- B. Rs. 6195
Why not B: “Rs. 6195” is not Rs. 5071.
- C. Rs. 5443
Why not C: “Rs. 5443” is not Rs. 5071.
- D. Rs. 5974
Why not D: “Rs. 5974” is not Rs. 5071.
Correct answer
A. Rs. 5071
Explanation
Rs. 5071 (option A) is the accepted answer to “A man sells an article for Rs. 3550 at a loss of 30%. Find the cost price.”. Option B (Rs. 6195) is a different value from Rs. 5071. Option C (Rs. 5443) is a different value from Rs. 5071. Option D (Rs. 5974) is a different value from Rs. 5071. Keep Rs. 5071 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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