A man sells an article for Rs. 5155 at a loss of 40%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 8592.
- A. Rs. 6875
Why not A: “Rs. 6875” is not Rs. 8592.
- B. Rs. 9711
Why not B: “Rs. 9711” is not Rs. 8592.
- C. Rs. 8592 ✓
- D. Rs. 6516
Why not D: “Rs. 6516” is not Rs. 8592.
Correct answer
C. Rs. 8592
Explanation
Rs. 8592 (option C) is the accepted answer to “A man sells an article for Rs. 5155 at a loss of 40%. Find the cost price.”. Option A (Rs. 6875) is a different value from Rs. 8592. Option B (Rs. 9711) is a different value from Rs. 8592. Option D (Rs. 6516) is a different value from Rs. 8592. Keep Rs. 8592 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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