A man sells an article for Rs. 4950 at a profit of 12%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 4420.
- A. Rs. 3376
Why not A: “Rs. 3376” is not Rs. 4420.
- B. Rs. 4420 ✓
- C. Rs. 5264
Why not C: “Rs. 5264” is not Rs. 4420.
- D. Rs. 4761
Why not D: “Rs. 4761” is not Rs. 4420.
Correct answer
B. Rs. 4420
Explanation
Rs. 4420 (option B) is the accepted answer to “A man sells an article for Rs. 4950 at a profit of 12%. Find the cost price.”. Option A (Rs. 3376) is a different value from Rs. 4420. Option C (Rs. 5264) is a different value from Rs. 4420. Option D (Rs. 4761) is a different value from Rs. 4420. Keep Rs. 4420 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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