Find the selling price of an item bought for Rs. 1120 to gain 15%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: D. Rs. 1288.
- A. Rs. 1111
Why not A: “Rs. 1111” is not Rs. 1288.
- B. Rs. 1489
Why not B: “Rs. 1489” is not Rs. 1288.
- C. Rs. 1595
Why not C: “Rs. 1595” is not Rs. 1288.
- D. Rs. 1288 ✓
Correct answer
D. Rs. 1288
Explanation
Rs. 1288 (option D) is the accepted answer to “Find the selling price of an item bought for Rs. 1120 to gain 15%.”. Option A (Rs. 1111) is a different value from Rs. 1288. Option B (Rs. 1489) is a different value from Rs. 1288. Option C (Rs. 1595) is a different value from Rs. 1288. Keep Rs. 1288 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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