A man sells an article for Rs. 3960 at a loss of 20%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: D. Rs. 4950.
- A. Rs. 5601
Why not A: “Rs. 5601” is not Rs. 4950.
- B. Rs. 5453
Why not B: “Rs. 5453” is not Rs. 4950.
- C. Rs. 5299
Why not C: “Rs. 5299” is not Rs. 4950.
- D. Rs. 4950 ✓
Correct answer
D. Rs. 4950
Explanation
Rs. 4950 (option D) is the accepted answer to “A man sells an article for Rs. 3960 at a loss of 20%. Find the cost price.”. Option A (Rs. 5601) is a different value from Rs. 4950. Option B (Rs. 5453) is a different value from Rs. 4950. Option C (Rs. 5299) is a different value from Rs. 4950. Keep Rs. 4950 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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