A man sells an article for Rs. 505 at a profit of 35%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: D. Rs. 374.
- A. Rs. 287
Why not A: “Rs. 287” is not Rs. 374.
- B. Rs. 332
Why not B: “Rs. 332” is not Rs. 374.
- C. Rs. 462
Why not C: “Rs. 462” is not Rs. 374.
- D. Rs. 374 ✓
Correct answer
D. Rs. 374
Explanation
Rs. 374 (option D) is the accepted answer to “A man sells an article for Rs. 505 at a profit of 35%. Find the cost price.”. Option A (Rs. 287) is a different value from Rs. 374. Option B (Rs. 332) is a different value from Rs. 374. Option C (Rs. 462) is a different value from Rs. 374. Keep Rs. 374 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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