A man sells an article for Rs. 645 at a profit of 20%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: D. Rs. 538.
- A. Rs. 471
Why not A: “Rs. 471” is not Rs. 538.
- B. Rs. 646
Why not B: “Rs. 646” is not Rs. 538.
- C. Rs. 470
Why not C: “Rs. 470” is not Rs. 538.
- D. Rs. 538 ✓
Correct answer
D. Rs. 538
Explanation
Rs. 538 (option D) is the accepted answer to “A man sells an article for Rs. 645 at a profit of 20%. Find the cost price.”. Option A (Rs. 471) is a different value from Rs. 538. Option B (Rs. 646) is a different value from Rs. 538. Option C (Rs. 470) is a different value from Rs. 538. Keep Rs. 538 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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