Find the selling price of an item bought for Rs. 1235 to gain 30%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: C. Rs. 1606.
- A. Rs. 1499
Why not A: “Rs. 1499” is not Rs. 1606.
- B. Rs. 1283
Why not B: “Rs. 1283” is not Rs. 1606.
- C. Rs. 1606 ✓
- D. Rs. 1828
Why not D: “Rs. 1828” is not Rs. 1606.
Correct answer
C. Rs. 1606
Explanation
Rs. 1606 (option C) is the accepted answer to “Find the selling price of an item bought for Rs. 1235 to gain 30%.”. Option A (Rs. 1499) is a different value from Rs. 1606. Option B (Rs. 1283) is a different value from Rs. 1606. Option D (Rs. 1828) is a different value from Rs. 1606. Keep Rs. 1606 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. 3970 and sells it for Rs. 4288. Find the profit percentage.
- A man sells an article for Rs. 2370 at a loss of 30%. Find the cost price.
- Find the selling price of an item bought for Rs. 2510 to gain 30%.
- Find the selling price of an item bought for Rs. 2840 to gain 15%.
- A man sells an article for Rs. 1550 at a loss of 5%. Find the cost price.
- A trader buys an article for Rs. 265 and sells it for Rs. 212. Find the loss percentage.