A man sells an article for Rs. 895 at a profit of 15%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: A. Rs. 778.
- A. Rs. 778 ✓
- B. Rs. 618
Why not B: “Rs. 618” is not Rs. 778.
- C. Rs. 603
Why not C: “Rs. 603” is not Rs. 778.
- D. Rs. 927
Why not D: “Rs. 927” is not Rs. 778.
Correct answer
A. Rs. 778
Explanation
Rs. 778 (option A) is the accepted answer to “A man sells an article for Rs. 895 at a profit of 15%. Find the cost price.”. Option B (Rs. 618) is a different value from Rs. 778. Option C (Rs. 603) is a different value from Rs. 778. Option D (Rs. 927) is a different value from Rs. 778. Keep Rs. 778 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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