Find the selling price of an item bought for Rs. 1160 to gain 15%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: C. Rs. 1334.
- A. Rs. 1014
Why not A: “Rs. 1014” is not Rs. 1334.
- B. Rs. 1563
Why not B: “Rs. 1563” is not Rs. 1334.
- C. Rs. 1334 ✓
- D. Rs. 1112
Why not D: “Rs. 1112” is not Rs. 1334.
Correct answer
C. Rs. 1334
Explanation
Rs. 1334 (option C) is the accepted answer to “Find the selling price of an item bought for Rs. 1160 to gain 15%.”. Option A (Rs. 1014) is a different value from Rs. 1334. Option B (Rs. 1563) is a different value from Rs. 1334. Option D (Rs. 1112) is a different value from Rs. 1334. Keep Rs. 1334 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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