A man sells an article for Rs. 525 at a profit of 15%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: D. Rs. 457.
- A. Rs. 570
Why not A: “Rs. 570” is not Rs. 457.
- B. Rs. 515
Why not B: “Rs. 515” is not Rs. 457.
- C. Rs. 419
Why not C: “Rs. 419” is not Rs. 457.
- D. Rs. 457 ✓
Correct answer
D. Rs. 457
Explanation
Rs. 457 (option D) is the accepted answer to “A man sells an article for Rs. 525 at a profit of 15%. Find the cost price.”. Option A (Rs. 570) is a different value from Rs. 457. Option B (Rs. 515) is a different value from Rs. 457. Option C (Rs. 419) is a different value from Rs. 457. Keep Rs. 457 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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