Find the selling price of an item bought for Rs. 1225 to gain 20%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: B. Rs. 1470.
- A. Rs. 1202
Why not A: “Rs. 1202” is not Rs. 1470.
- B. Rs. 1470 ✓
- C. Rs. 1627
Why not C: “Rs. 1627” is not Rs. 1470.
- D. Rs. 1309
Why not D: “Rs. 1309” is not Rs. 1470.
Correct answer
B. Rs. 1470
Explanation
Rs. 1470 (option B) is the accepted answer to “Find the selling price of an item bought for Rs. 1225 to gain 20%.”. Option A (Rs. 1202) is a different value from Rs. 1470. Option C (Rs. 1627) is a different value from Rs. 1470. Option D (Rs. 1309) is a different value from Rs. 1470. Keep Rs. 1470 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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