A man sells an article for Rs. 630 at a profit of 15%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 548.
- A. Rs. 478
Why not A: “Rs. 478” is not Rs. 548.
- B. Rs. 548 ✓
- C. Rs. 487
Why not C: “Rs. 487” is not Rs. 548.
- D. Rs. 491
Why not D: “Rs. 491” is not Rs. 548.
Correct answer
B. Rs. 548
Explanation
Rs. 548 (option B) is the accepted answer to “A man sells an article for Rs. 630 at a profit of 15%. Find the cost price.”. Option A (Rs. 478) is a different value from Rs. 548. Option C (Rs. 487) is a different value from Rs. 548. Option D (Rs. 491) is a different value from Rs. 548. Keep Rs. 548 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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