A man sells an article for Rs. 560 at a profit of 15%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 487.
- A. Rs. 449
Why not A: “Rs. 449” is not Rs. 487.
- B. Rs. 487 ✓
- C. Rs. 434
Why not C: “Rs. 434” is not Rs. 487.
- D. Rs. 450
Why not D: “Rs. 450” is not Rs. 487.
Correct answer
B. Rs. 487
Explanation
Rs. 487 (option B) is the accepted answer to “A man sells an article for Rs. 560 at a profit of 15%. Find the cost price.”. Option A (Rs. 449) is a different value from Rs. 487. Option C (Rs. 434) is a different value from Rs. 487. Option D (Rs. 450) is a different value from Rs. 487. Keep Rs. 487 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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