Find the selling price of an item bought for Rs. 355 to gain 5%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: C. Rs. 373.
- A. Rs. 454
Why not A: “Rs. 454” is not Rs. 373.
- B. Rs. 340
Why not B: “Rs. 340” is not Rs. 373.
- C. Rs. 373 ✓
- D. Rs. 398
Why not D: “Rs. 398” is not Rs. 373.
Correct answer
C. Rs. 373
Explanation
Rs. 373 (option C) is the accepted answer to “Find the selling price of an item bought for Rs. 355 to gain 5%.”. Option A (Rs. 454) is a different value from Rs. 373. Option B (Rs. 340) is a different value from Rs. 373. Option D (Rs. 398) is a different value from Rs. 373. Keep Rs. 373 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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