A man sells an article for Rs. 530 at a profit of 20%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: D. Rs. 442.
- A. Rs. 373
Why not A: “Rs. 373” is not Rs. 442.
- B. Rs. 343
Why not B: “Rs. 343” is not Rs. 442.
- C. Rs. 502
Why not C: “Rs. 502” is not Rs. 442.
- D. Rs. 442 ✓
Correct answer
D. Rs. 442
Explanation
Rs. 442 (option D) is the accepted answer to “A man sells an article for Rs. 530 at a profit of 20%. Find the cost price.”. Option A (Rs. 373) is a different value from Rs. 442. Option B (Rs. 343) is a different value from Rs. 442. Option C (Rs. 502) is a different value from Rs. 442. Keep Rs. 442 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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