A man sells an article for Rs. 890 at a profit of 28%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 695.
- A. Rs. 695 ✓
- B. Rs. 741
Why not B: “Rs. 741” is not Rs. 695.
- C. Rs. 734
Why not C: “Rs. 734” is not Rs. 695.
- D. Rs. 597
Why not D: “Rs. 597” is not Rs. 695.
Correct answer
A. Rs. 695
Explanation
Rs. 695 (option A) is the accepted answer to “A man sells an article for Rs. 890 at a profit of 28%. Find the cost price.”. Option B (Rs. 741) is a different value from Rs. 695. Option C (Rs. 734) is a different value from Rs. 695. Option D (Rs. 597) is a different value from Rs. 695. Keep Rs. 695 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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