Find the selling price of an item bought for Rs. 1340 to gain 10%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: B. Rs. 1474.
- A. Rs. 1185
Why not A: “Rs. 1185” is not Rs. 1474.
- B. Rs. 1474 ✓
- C. Rs. 1616
Why not C: “Rs. 1616” is not Rs. 1474.
- D. Rs. 1151
Why not D: “Rs. 1151” is not Rs. 1474.
Correct answer
B. Rs. 1474
Explanation
Rs. 1474 (option B) is the accepted answer to “Find the selling price of an item bought for Rs. 1340 to gain 10%.”. Option A (Rs. 1185) is a different value from Rs. 1474. Option C (Rs. 1616) is a different value from Rs. 1474. Option D (Rs. 1151) is a different value from Rs. 1474. Keep Rs. 1474 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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