A man sells an article for Rs. 380 at a profit of 25%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: D. Rs. 304.
- A. Rs. 245
Why not A: “Rs. 245” is not Rs. 304.
- B. Rs. 341
Why not B: “Rs. 341” is not Rs. 304.
- C. Rs. 356
Why not C: “Rs. 356” is not Rs. 304.
- D. Rs. 304 ✓
Correct answer
D. Rs. 304
Explanation
Rs. 304 (option D) is the accepted answer to “A man sells an article for Rs. 380 at a profit of 25%. Find the cost price.”. Option A (Rs. 245) is a different value from Rs. 304. Option B (Rs. 341) is a different value from Rs. 304. Option C (Rs. 356) is a different value from Rs. 304. Keep Rs. 304 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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