Find the selling price of an item bought for Rs. 1640 to gain 20%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: C. Rs. 1968.
- A. Rs. 2427
Why not A: “Rs. 2427” is not Rs. 1968.
- B. Rs. 1812
Why not B: “Rs. 1812” is not Rs. 1968.
- C. Rs. 1968 ✓
- D. Rs. 2091
Why not D: “Rs. 2091” is not Rs. 1968.
Correct answer
C. Rs. 1968
Explanation
Rs. 1968 (option C) is the accepted answer to “Find the selling price of an item bought for Rs. 1640 to gain 20%.”. Option A (Rs. 2427) is a different value from Rs. 1968. Option B (Rs. 1812) is a different value from Rs. 1968. Option D (Rs. 2091) is a different value from Rs. 1968. Keep Rs. 1968 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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