Find the selling price of an item bought for Rs. 1350 to gain 20%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: A. Rs. 1620.
- A. Rs. 1620 ✓
- B. Rs. 1286
Why not B: “Rs. 1286” is not Rs. 1620.
- C. Rs. 1430
Why not C: “Rs. 1430” is not Rs. 1620.
- D. Rs. 1409
Why not D: “Rs. 1409” is not Rs. 1620.
Correct answer
A. Rs. 1620
Explanation
Rs. 1620 (option A) is the accepted answer to “Find the selling price of an item bought for Rs. 1350 to gain 20%.”. Option B (Rs. 1286) is a different value from Rs. 1620. Option C (Rs. 1430) is a different value from Rs. 1620. Option D (Rs. 1409) is a different value from Rs. 1620. Keep Rs. 1620 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. 2605 and sells it for Rs. 2475. Find the loss percentage.
- A man sells an article for Rs. 380 at a profit of 25%. Find the cost price.
- Find the selling price of an item bought for Rs. 440 to gain 20%.
- Find the selling price of an item bought for Rs. 485 to gain 30%.
- A man sells an article for Rs. 2395 at a profit of 10%. Find the cost price.
- A trader buys an article for Rs. 450 and sells it for Rs. 513. Find the profit percentage.