Find the selling price of an item bought for Rs. 1480 to gain 5%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: D. Rs. 1554.
- A. Rs. 1451
Why not A: “Rs. 1451” is not Rs. 1554.
- B. Rs. 1935
Why not B: “Rs. 1935” is not Rs. 1554.
- C. Rs. 1172
Why not C: “Rs. 1172” is not Rs. 1554.
- D. Rs. 1554 ✓
Correct answer
D. Rs. 1554
Explanation
Rs. 1554 (option D) is the accepted answer to “Find the selling price of an item bought for Rs. 1480 to gain 5%.”. Option A (Rs. 1451) is a different value from Rs. 1554. Option B (Rs. 1935) is a different value from Rs. 1554. Option C (Rs. 1172) is a different value from Rs. 1554. Keep Rs. 1554 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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