Find the selling price of an item bought for Rs. 1615 to gain 5%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: B. Rs. 1696.
- A. Rs. 1851
Why not A: “Rs. 1851” is not Rs. 1696.
- B. Rs. 1696 ✓
- C. Rs. 1516
Why not C: “Rs. 1516” is not Rs. 1696.
- D. Rs. 1440
Why not D: “Rs. 1440” is not Rs. 1696.
Correct answer
B. Rs. 1696
Explanation
Rs. 1696 (option B) is the accepted answer to “Find the selling price of an item bought for Rs. 1615 to gain 5%.”. Option A (Rs. 1851) is a different value from Rs. 1696. Option C (Rs. 1516) is a different value from Rs. 1696. Option D (Rs. 1440) is a different value from Rs. 1696. Keep Rs. 1696 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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