A man sells an article for Rs. 4595 at a profit of 18%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 3894.
- A. Rs. 3031
Why not A: “Rs. 3031” is not Rs. 3894.
- B. Rs. 3661
Why not B: “Rs. 3661” is not Rs. 3894.
- C. Rs. 3894 ✓
- D. Rs. 4723
Why not D: “Rs. 4723” is not Rs. 3894.
Correct answer
C. Rs. 3894
Explanation
Rs. 3894 (option C) is the accepted answer to “A man sells an article for Rs. 4595 at a profit of 18%. Find the cost price.”. Option A (Rs. 3031) is a different value from Rs. 3894. Option B (Rs. 3661) is a different value from Rs. 3894. Option D (Rs. 4723) is a different value from Rs. 3894. Keep Rs. 3894 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. 2280 to gain 25%.
- A trader buys an article for Rs. 1080 and sells it for Rs. 1620. Find the profit percentage.
- A man sells an article for Rs. 3380 at a profit of 20%. Find the cost price.
- A man sells an article for Rs. 1465 at a profit of 5%. Find the cost price.
- A trader buys an article for Rs. 330 and sells it for Rs. 462. Find the profit percentage.
- Find the selling price of an item bought for Rs. 1540 to gain 20%.