Find the selling price of an item bought for Rs. 250 to gain 20%.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: A. Rs. 300.
- A. Rs. 300 ✓
- B. Rs. 280
Why not B: “Rs. 280” is not Rs. 300.
- C. Rs. 320
Why not C: “Rs. 320” is not Rs. 300.
- D. Rs. 275
Why not D: “Rs. 275” is not Rs. 300.
Correct answer
A. Rs. 300
Explanation
Rs. 300 (option A) is the accepted answer to “Find the selling price of an item bought for Rs. 250 to gain 20%.”. Option B (Rs. 280) is a different value from Rs. 300. Option C (Rs. 320) is a different value from Rs. 300. Option D (Rs. 275) is a different value from Rs. 300. Keep Rs. 300 as the Profit and Loss Mcqs fact for this stem.
Source: FPSC/NTS Past Papers
Tags: NTS, Profit and Loss, Gain
Submitted by: MCQsHub Editorial
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