A man sells an article for Rs. 930 at a profit of 40%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: C. Rs. 664.
- A. Rs. 769
Why not A: “Rs. 769” is not Rs. 664.
- B. Rs. 516
Why not B: “Rs. 516” is not Rs. 664.
- C. Rs. 664 ✓
- D. Rs. 590
Why not D: “Rs. 590” is not Rs. 664.
Correct answer
C. Rs. 664
Explanation
Rs. 664 (option C) is the accepted answer to “A man sells an article for Rs. 930 at a profit of 40%. Find the cost price.”. Option A (Rs. 769) is a different value from Rs. 664. Option B (Rs. 516) is a different value from Rs. 664. Option D (Rs. 590) is a different value from Rs. 664. Keep Rs. 664 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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