A man sells an article for Rs. 880 at a profit of 15%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 765.
- A. Rs. 596
Why not A: “Rs. 596” is not Rs. 765.
- B. Rs. 646
Why not B: “Rs. 646” is not Rs. 765.
- C. Rs. 765 ✓
- D. Rs. 827
Why not D: “Rs. 827” is not Rs. 765.
Correct answer
C. Rs. 765
Explanation
Rs. 765 (option C) is the accepted answer to “A man sells an article for Rs. 880 at a profit of 15%. Find the cost price.”. Option A (Rs. 596) is a different value from Rs. 765. Option B (Rs. 646) is a different value from Rs. 765. Option D (Rs. 827) is a different value from Rs. 765. Keep Rs. 765 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
Related MCQs
- Find the selling price of an item bought for Rs. 1260 to gain 20%.
- A trader buys an article for Rs. 4795 and sells it for Rs. 6138. Find the profit percentage.
- A man sells an article for Rs. 5180 at a loss of 32%. Find the cost price.
- A man sells an article for Rs. 3020 at a loss of 20%. Find the cost price.
- A trader buys an article for Rs. 3665 and sells it for Rs. 3372. Find the loss percentage.
- Find the selling price of an item bought for Rs. 110 to gain 15%.