Find the selling price of an item bought for Rs. 1985 to gain 40%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: C. Rs. 2779.
- A. Rs. 2576
Why not A: “Rs. 2576” is not Rs. 2779.
- B. Rs. 2257
Why not B: “Rs. 2257” is not Rs. 2779.
- C. Rs. 2779 ✓
- D. Rs. 2250
Why not D: “Rs. 2250” is not Rs. 2779.
Correct answer
C. Rs. 2779
Explanation
Rs. 2779 (option C) is the accepted answer to “Find the selling price of an item bought for Rs. 1985 to gain 40%.”. Option A (Rs. 2576) is a different value from Rs. 2779. Option B (Rs. 2257) is a different value from Rs. 2779. Option D (Rs. 2250) is a different value from Rs. 2779. Keep Rs. 2779 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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