Find the selling price of an item bought for Rs. 2230 to gain 40%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: C. Rs. 3122.
- A. Rs. 2920
Why not A: “Rs. 2920” is not Rs. 3122.
- B. Rs. 3525
Why not B: “Rs. 3525” is not Rs. 3122.
- C. Rs. 3122 ✓
- D. Rs. 2595
Why not D: “Rs. 2595” is not Rs. 3122.
Correct answer
C. Rs. 3122
Explanation
Rs. 3122 (option C) is the accepted answer to “Find the selling price of an item bought for Rs. 2230 to gain 40%.”. Option A (Rs. 2920) is a different value from Rs. 3122. Option B (Rs. 3525) is a different value from Rs. 3122. Option D (Rs. 2595) is a different value from Rs. 3122. Keep Rs. 3122 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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