Find the selling price of an item bought for Rs. 1950 to gain 40%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: C. Rs. 2730.
- A. Rs. 2914
Why not A: “Rs. 2914” is not Rs. 2730.
- B. Rs. 2222
Why not B: “Rs. 2222” is not Rs. 2730.
- C. Rs. 2730 ✓
- D. Rs. 3230
Why not D: “Rs. 3230” is not Rs. 2730.
Correct answer
C. Rs. 2730
Explanation
Rs. 2730 (option C) is the accepted answer to “Find the selling price of an item bought for Rs. 1950 to gain 40%.”. Option A (Rs. 2914) is a different value from Rs. 2730. Option B (Rs. 2222) is a different value from Rs. 2730. Option D (Rs. 3230) is a different value from Rs. 2730. Keep Rs. 2730 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
Related MCQs
- A trader buys an article for Rs. 2430 and sells it for Rs. 1895. Find the loss percentage.
- A man sells an article for Rs. 3580 at a profit of 15%. Find the cost price.
- Find the selling price of an item bought for Rs. 2595 to gain 15%.
- Find the selling price of an item bought for Rs. 2665 to gain 25%.
- A man sells an article for Rs. 5095 at a profit of 15%. Find the cost price.
- A trader buys an article for Rs. 1525 and sells it for Rs. 991. Find the loss percentage.