A man sells an article for Rs. 5985 at a profit of 20%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 4988.
- A. Rs. 5505
Why not A: “Rs. 5505” is not Rs. 4988.
- B. Rs. 3848
Why not B: “Rs. 3848” is not Rs. 4988.
- C. Rs. 4988 ✓
- D. Rs. 4578
Why not D: “Rs. 4578” is not Rs. 4988.
Correct answer
C. Rs. 4988
Explanation
Rs. 4988 (option C) is the accepted answer to “A man sells an article for Rs. 5985 at a profit of 20%. Find the cost price.”. Option A (Rs. 5505) is a different value from Rs. 4988. Option B (Rs. 3848) is a different value from Rs. 4988. Option D (Rs. 4578) is a different value from Rs. 4988. Keep Rs. 4988 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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