Find the selling price of an item bought for Rs. 1580 to gain 5%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: D. Rs. 1659.
- A. Rs. 2001
Why not A: “Rs. 2001” is not Rs. 1659.
- B. Rs. 1976
Why not B: “Rs. 1976” is not Rs. 1659.
- C. Rs. 1953
Why not C: “Rs. 1953” is not Rs. 1659.
- D. Rs. 1659 ✓
Correct answer
D. Rs. 1659
Explanation
Rs. 1659 (option D) is the accepted answer to “Find the selling price of an item bought for Rs. 1580 to gain 5%.”. Option A (Rs. 2001) is a different value from Rs. 1659. Option B (Rs. 1976) is a different value from Rs. 1659. Option C (Rs. 1953) is a different value from Rs. 1659. Keep Rs. 1659 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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