A man sells an article for Rs. 4000 at a profit of 30%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 3077.
- A. Rs. 3077 ✓
- B. Rs. 2847
Why not B: “Rs. 2847” is not Rs. 3077.
- C. Rs. 2588
Why not C: “Rs. 2588” is not Rs. 3077.
- D. Rs. 2805
Why not D: “Rs. 2805” is not Rs. 3077.
Correct answer
A. Rs. 3077
Explanation
Rs. 3077 (option A) is the accepted answer to “A man sells an article for Rs. 4000 at a profit of 30%. Find the cost price.”. Option B (Rs. 2847) is a different value from Rs. 3077. Option C (Rs. 2588) is a different value from Rs. 3077. Option D (Rs. 2805) is a different value from Rs. 3077. Keep Rs. 3077 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
Related MCQs
- Find the selling price of an item bought for Rs. 2450 to gain 5%.
- A trader buys an article for Rs. 980 and sells it for Rs. 510. Find the loss percentage.
- A man sells an article for Rs. 3550 at a loss of 30%. Find the cost price.
- A man sells an article for Rs. 3785 at a profit of 25%. Find the cost price.
- A trader buys an article for Rs. 1870 and sells it for Rs. 1533. Find the loss percentage.
- Find the selling price of an item bought for Rs. 2525 to gain 30%.