Find the selling price of an item bought for Rs. 1060 to gain 10%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: C. Rs. 1166.
- A. Rs. 1086
Why not A: “Rs. 1086” is not Rs. 1166.
- B. Rs. 891
Why not B: “Rs. 891” is not Rs. 1166.
- C. Rs. 1166 ✓
- D. Rs. 1299
Why not D: “Rs. 1299” is not Rs. 1166.
Correct answer
C. Rs. 1166
Explanation
Rs. 1166 (option C) is the accepted answer to “Find the selling price of an item bought for Rs. 1060 to gain 10%.”. Option A (Rs. 1086) is a different value from Rs. 1166. Option B (Rs. 891) is a different value from Rs. 1166. Option D (Rs. 1299) is a different value from Rs. 1166. Keep Rs. 1166 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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