A man sells an article for Rs. 3955 at a profit of 30%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 3042.
- A. Rs. 2712
Why not A: “Rs. 2712” is not Rs. 3042.
- B. Rs. 3673
Why not B: “Rs. 3673” is not Rs. 3042.
- C. Rs. 3042 ✓
- D. Rs. 3690
Why not D: “Rs. 3690” is not Rs. 3042.
Correct answer
C. Rs. 3042
Explanation
Rs. 3042 (option C) is the accepted answer to “A man sells an article for Rs. 3955 at a profit of 30%. Find the cost price.”. Option A (Rs. 2712) is a different value from Rs. 3042. Option B (Rs. 3673) is a different value from Rs. 3042. Option D (Rs. 3690) is a different value from Rs. 3042. Keep Rs. 3042 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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