Find the selling price of an item bought for Rs. 1160 to gain 40%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: B. Rs. 1624.
- A. Rs. 1855
Why not A: “Rs. 1855” is not Rs. 1624.
- B. Rs. 1624 ✓
- C. Rs. 1844
Why not C: “Rs. 1844” is not Rs. 1624.
- D. Rs. 1961
Why not D: “Rs. 1961” is not Rs. 1624.
Correct answer
B. Rs. 1624
Explanation
Rs. 1624 (option B) is the accepted answer to “Find the selling price of an item bought for Rs. 1160 to gain 40%.”. Option A (Rs. 1855) is a different value from Rs. 1624. Option C (Rs. 1844) is a different value from Rs. 1624. Option D (Rs. 1961) is a different value from Rs. 1624. Keep Rs. 1624 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
Related MCQs
- A trader buys an article for Rs. 3910 and sells it for Rs. 5083. Find the profit percentage.
- A man sells an article for Rs. 3275 at a profit of 5%. Find the cost price.
- Find the selling price of an item bought for Rs. 130 to gain 30%.
- Find the selling price of an item bought for Rs. 740 to gain 35%.
- A man sells an article for Rs. 4900 at a profit of 15%. Find the cost price.
- A trader buys an article for Rs. 3650 and sells it for Rs. 2482. Find the loss percentage.