A man sells an article for Rs. 890 at a profit of 15%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 774.
- A. Rs. 774 ✓
- B. Rs. 724
Why not B: “Rs. 724” is not Rs. 774.
- C. Rs. 906
Why not C: “Rs. 906” is not Rs. 774.
- D. Rs. 637
Why not D: “Rs. 637” is not Rs. 774.
Correct answer
A. Rs. 774
Explanation
Rs. 774 (option A) is the accepted answer to “A man sells an article for Rs. 890 at a profit of 15%. Find the cost price.”. Option B (Rs. 724) is a different value from Rs. 774. Option C (Rs. 906) is a different value from Rs. 774. Option D (Rs. 637) is a different value from Rs. 774. Keep Rs. 774 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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