A man sells an article for Rs. 4615 at a profit of 32%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 3496.
- A. Rs. 4300
Why not A: “Rs. 4300” is not Rs. 3496.
- B. Rs. 3250
Why not B: “Rs. 3250” is not Rs. 3496.
- C. Rs. 3496 ✓
- D. Rs. 4107
Why not D: “Rs. 4107” is not Rs. 3496.
Correct answer
C. Rs. 3496
Explanation
Rs. 3496 (option C) is the accepted answer to “A man sells an article for Rs. 4615 at a profit of 32%. Find the cost price.”. Option A (Rs. 4300) is a different value from Rs. 3496. Option B (Rs. 3250) is a different value from Rs. 3496. Option D (Rs. 4107) is a different value from Rs. 3496. Keep Rs. 3496 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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