A man sells an article for Rs. 815 at a loss of 30%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 1164.
- A. Rs. 1164 ✓
- B. Rs. 1425
Why not B: “Rs. 1425” is not Rs. 1164.
- C. Rs. 940
Why not C: “Rs. 940” is not Rs. 1164.
- D. Rs. 970
Why not D: “Rs. 970” is not Rs. 1164.
Correct answer
A. Rs. 1164
Explanation
Rs. 1164 (option A) is the accepted answer to “A man sells an article for Rs. 815 at a loss of 30%. Find the cost price.”. Option B (Rs. 1425) is a different value from Rs. 1164. Option C (Rs. 940) is a different value from Rs. 1164. Option D (Rs. 970) is a different value from Rs. 1164. Keep Rs. 1164 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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