Find the selling price of an item bought for Rs. 450 to gain 15%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: B. Rs. 518.
- A. Rs. 409
Why not A: “Rs. 409” is not Rs. 518.
- B. Rs. 518 ✓
- C. Rs. 482
Why not C: “Rs. 482” is not Rs. 518.
- D. Rs. 623
Why not D: “Rs. 623” is not Rs. 518.
Correct answer
B. Rs. 518
Explanation
Rs. 518 (option B) is the accepted answer to “Find the selling price of an item bought for Rs. 450 to gain 15%.”. Option A (Rs. 409) is a different value from Rs. 518. Option C (Rs. 482) is a different value from Rs. 518. Option D (Rs. 623) is a different value from Rs. 518. Keep Rs. 518 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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