Find the selling price of an item bought for Rs. 2525 to gain 5%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: C. Rs. 2651.
- A. Rs. 3214
Why not A: “Rs. 3214” is not Rs. 2651.
- B. Rs. 2848
Why not B: “Rs. 2848” is not Rs. 2651.
- C. Rs. 2651 ✓
- D. Rs. 2334
Why not D: “Rs. 2334” is not Rs. 2651.
Correct answer
C. Rs. 2651
Explanation
Rs. 2651 (option C) is the accepted answer to “Find the selling price of an item bought for Rs. 2525 to gain 5%.”. Option A (Rs. 3214) is a different value from Rs. 2651. Option B (Rs. 2848) is a different value from Rs. 2651. Option D (Rs. 2334) is a different value from Rs. 2651. Keep Rs. 2651 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. 4395 and sells it for Rs. 5801. Find the profit percentage.
- A man sells an article for Rs. 1005 at a loss of 40%. Find the cost price.
- Find the selling price of an item bought for Rs. 2605 to gain 15%.
- Find the selling price of an item bought for Rs. 1930 to gain 40%.
- A man sells an article for Rs. 1455 at a loss of 32%. Find the cost price.
- A trader buys an article for Rs. 2135 and sells it for Rs. 1537. Find the loss percentage.