Find the selling price of an item bought for Rs. 2095 to gain 5%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: C. Rs. 2200.
- A. Rs. 2544
Why not A: “Rs. 2544” is not Rs. 2200.
- B. Rs. 1657
Why not B: “Rs. 1657” is not Rs. 2200.
- C. Rs. 2200 ✓
- D. Rs. 2724
Why not D: “Rs. 2724” is not Rs. 2200.
Correct answer
C. Rs. 2200
Explanation
Rs. 2200 (option C) is the accepted answer to “Find the selling price of an item bought for Rs. 2095 to gain 5%.”. Option A (Rs. 2544) is a different value from Rs. 2200. Option B (Rs. 1657) is a different value from Rs. 2200. Option D (Rs. 2724) is a different value from Rs. 2200. Keep Rs. 2200 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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