A man sells an article for Rs. 395 at a loss of 38%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 637.
- A. Rs. 637 ✓
- B. Rs. 751
Why not B: “Rs. 751” is not Rs. 637.
- C. Rs. 691
Why not C: “Rs. 691” is not Rs. 637.
- D. Rs. 543
Why not D: “Rs. 543” is not Rs. 637.
Correct answer
A. Rs. 637
Explanation
Rs. 637 (option A) is the accepted answer to “A man sells an article for Rs. 395 at a loss of 38%. Find the cost price.”. Option B (Rs. 751) is a different value from Rs. 637. Option C (Rs. 691) is a different value from Rs. 637. Option D (Rs. 543) is a different value from Rs. 637. Keep Rs. 637 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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