Find the selling price of an item bought for Rs. 2600 to gain 20%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: D. Rs. 3120.
- A. Rs. 2873
Why not A: “Rs. 2873” is not Rs. 3120.
- B. Rs. 2464
Why not B: “Rs. 2464” is not Rs. 3120.
- C. Rs. 3696
Why not C: “Rs. 3696” is not Rs. 3120.
- D. Rs. 3120 ✓
Correct answer
D. Rs. 3120
Explanation
Rs. 3120 (option D) is the accepted answer to “Find the selling price of an item bought for Rs. 2600 to gain 20%.”. Option A (Rs. 2873) is a different value from Rs. 3120. Option B (Rs. 2464) is a different value from Rs. 3120. Option C (Rs. 3696) is a different value from Rs. 3120. Keep Rs. 3120 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. 1075 and sells it for Rs. 1344. Find the profit percentage.
- A man sells an article for Rs. 1465 at a profit of 5%. Find the cost price.
- Find the selling price of an item bought for Rs. 2280 to gain 25%.
- Find the selling price of an item bought for Rs. 1540 to gain 20%.
- A man sells an article for Rs. 3380 at a profit of 20%. Find the cost price.
- A trader buys an article for Rs. 635 and sells it for Rs. 610. Find the loss percentage.