A man sells an article for Rs. 905 at a profit of 20%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 754.
- A. Rs. 567
Why not A: “Rs. 567” is not Rs. 754.
- B. Rs. 754 ✓
- C. Rs. 606
Why not C: “Rs. 606” is not Rs. 754.
- D. Rs. 642
Why not D: “Rs. 642” is not Rs. 754.
Correct answer
B. Rs. 754
Explanation
Rs. 754 (option B) is the accepted answer to “A man sells an article for Rs. 905 at a profit of 20%. Find the cost price.”. Option A (Rs. 567) is a different value from Rs. 754. Option C (Rs. 606) is a different value from Rs. 754. Option D (Rs. 642) is a different value from Rs. 754. Keep Rs. 754 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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