A man sells an article for Rs. 4620 at a profit of 38%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: D. Rs. 3348.
- A. Rs. 2852
Why not A: “Rs. 2852” is not Rs. 3348.
- B. Rs. 3825
Why not B: “Rs. 3825” is not Rs. 3348.
- C. Rs. 2880
Why not C: “Rs. 2880” is not Rs. 3348.
- D. Rs. 3348 ✓
Correct answer
D. Rs. 3348
Explanation
Rs. 3348 (option D) is the accepted answer to “A man sells an article for Rs. 4620 at a profit of 38%. Find the cost price.”. Option A (Rs. 2852) is a different value from Rs. 3348. Option B (Rs. 3825) is a different value from Rs. 3348. Option C (Rs. 2880) is a different value from Rs. 3348. Keep Rs. 3348 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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