A man sells an article for Rs. 3580 at a profit of 28%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 2797.
- A. Rs. 2797 ✓
- B. Rs. 3005
Why not B: “Rs. 3005” is not Rs. 2797.
- C. Rs. 3115
Why not C: “Rs. 3115” is not Rs. 2797.
- D. Rs. 3305
Why not D: “Rs. 3305” is not Rs. 2797.
Correct answer
A. Rs. 2797
Explanation
Rs. 2797 (option A) is the accepted answer to “A man sells an article for Rs. 3580 at a profit of 28%. Find the cost price.”. Option B (Rs. 3005) is a different value from Rs. 2797. Option C (Rs. 3115) is a different value from Rs. 2797. Option D (Rs. 3305) is a different value from Rs. 2797. Keep Rs. 2797 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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