A man sells an article for Rs. 680 at a profit of 35%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 504.
- A. Rs. 550
Why not A: “Rs. 550” is not Rs. 504.
- B. Rs. 504 ✓
- C. Rs. 611
Why not C: “Rs. 611” is not Rs. 504.
- D. Rs. 380
Why not D: “Rs. 380” is not Rs. 504.
Correct answer
B. Rs. 504
Explanation
Rs. 504 (option B) is the accepted answer to “A man sells an article for Rs. 680 at a profit of 35%. Find the cost price.”. Option A (Rs. 550) is a different value from Rs. 504. Option C (Rs. 611) is a different value from Rs. 504. Option D (Rs. 380) is a different value from Rs. 504. Keep Rs. 504 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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