A man sells an article for Rs. 3960 at a profit of 5%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 3771.
- A. Rs. 3000
Why not A: “Rs. 3000” is not Rs. 3771.
- B. Rs. 2868
Why not B: “Rs. 2868” is not Rs. 3771.
- C. Rs. 3771 ✓
- D. Rs. 3383
Why not D: “Rs. 3383” is not Rs. 3771.
Correct answer
C. Rs. 3771
Explanation
Rs. 3771 (option C) is the accepted answer to “A man sells an article for Rs. 3960 at a profit of 5%. Find the cost price.”. Option A (Rs. 3000) is a different value from Rs. 3771. Option B (Rs. 2868) is a different value from Rs. 3771. Option D (Rs. 3383) is a different value from Rs. 3771. Keep Rs. 3771 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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