Find the selling price of an item bought for Rs. 105 to gain 10%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: D. Rs. 116.
- A. Rs. 101
Why not A: “Rs. 101” is not Rs. 116.
- B. Rs. 89
Why not B: “Rs. 89” is not Rs. 116.
- C. Rs. 109
Why not C: “Rs. 109” is not Rs. 116.
- D. Rs. 116 ✓
Correct answer
D. Rs. 116
Explanation
Rs. 116 (option D) is the accepted answer to “Find the selling price of an item bought for Rs. 105 to gain 10%.”. Option A (Rs. 101) is a different value from Rs. 116. Option B (Rs. 89) is a different value from Rs. 116. Option C (Rs. 109) is a different value from Rs. 116. Keep Rs. 116 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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