Find the selling price of an item bought for Rs. 1570 to gain 25%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: C. Rs. 1962.
- A. Rs. 2132
Why not A: “Rs. 2132” is not Rs. 1962.
- B. Rs. 2337
Why not B: “Rs. 2337” is not Rs. 1962.
- C. Rs. 1962 ✓
- D. Rs. 2338
Why not D: “Rs. 2338” is not Rs. 1962.
Correct answer
C. Rs. 1962
Explanation
Rs. 1962 (option C) is the accepted answer to “Find the selling price of an item bought for Rs. 1570 to gain 25%.”. Option A (Rs. 2132) is a different value from Rs. 1962. Option B (Rs. 2337) is a different value from Rs. 1962. Option D (Rs. 2338) is a different value from Rs. 1962. Keep Rs. 1962 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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