A man sells an article for Rs. 985 at a loss of 38%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 1589.
- A. Rs. 1863
Why not A: “Rs. 1863” is not Rs. 1589.
- B. Rs. 1589 ✓
- C. Rs. 1253
Why not C: “Rs. 1253” is not Rs. 1589.
- D. Rs. 1877
Why not D: “Rs. 1877” is not Rs. 1589.
Correct answer
B. Rs. 1589
Explanation
Rs. 1589 (option B) is the accepted answer to “A man sells an article for Rs. 985 at a loss of 38%. Find the cost price.”. Option A (Rs. 1863) is a different value from Rs. 1589. Option C (Rs. 1253) is a different value from Rs. 1589. Option D (Rs. 1877) is a different value from Rs. 1589. Keep Rs. 1589 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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