A man sells an article for Rs. 720 at a loss of 5%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: D. Rs. 758.
- A. Rs. 810
Why not A: “Rs. 810” is not Rs. 758.
- B. Rs. 884
Why not B: “Rs. 884” is not Rs. 758.
- C. Rs. 801
Why not C: “Rs. 801” is not Rs. 758.
- D. Rs. 758 ✓
Correct answer
D. Rs. 758
Explanation
Rs. 758 (option D) is the accepted answer to “A man sells an article for Rs. 720 at a loss of 5%. Find the cost price.”. Option A (Rs. 810) is a different value from Rs. 758. Option B (Rs. 884) is a different value from Rs. 758. Option C (Rs. 801) is a different value from Rs. 758. Keep Rs. 758 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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