Find the selling price of an item bought for Rs. 1550 to gain 40%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: D. Rs. 2170.
- A. Rs. 1665
Why not A: “Rs. 1665” is not Rs. 2170.
- B. Rs. 1750
Why not B: “Rs. 1750” is not Rs. 2170.
- C. Rs. 2478
Why not C: “Rs. 2478” is not Rs. 2170.
- D. Rs. 2170 ✓
Correct answer
D. Rs. 2170
Explanation
Rs. 2170 (option D) is the accepted answer to “Find the selling price of an item bought for Rs. 1550 to gain 40%.”. Option A (Rs. 1665) is a different value from Rs. 2170. Option B (Rs. 1750) is a different value from Rs. 2170. Option C (Rs. 2478) is a different value from Rs. 2170. Keep Rs. 2170 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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