A man sells an article for Rs. 520 at a profit of 25%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 416.
- A. Rs. 416 ✓
- B. Rs. 496
Why not B: “Rs. 496” is not Rs. 416.
- C. Rs. 331
Why not C: “Rs. 331” is not Rs. 416.
- D. Rs. 358
Why not D: “Rs. 358” is not Rs. 416.
Correct answer
A. Rs. 416
Explanation
Rs. 416 (option A) is the accepted answer to “A man sells an article for Rs. 520 at a profit of 25%. Find the cost price.”. Option B (Rs. 496) is a different value from Rs. 416. Option C (Rs. 331) is a different value from Rs. 416. Option D (Rs. 358) is a different value from Rs. 416. Keep Rs. 416 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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