Find the selling price of an item bought for Rs. 485 to gain 30%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: D. Rs. 630.
- A. Rs. 692
Why not A: “Rs. 692” is not Rs. 630.
- B. Rs. 778
Why not B: “Rs. 778” is not Rs. 630.
- C. Rs. 703
Why not C: “Rs. 703” is not Rs. 630.
- D. Rs. 630 ✓
Correct answer
D. Rs. 630
Explanation
Rs. 630 (option D) is the accepted answer to “Find the selling price of an item bought for Rs. 485 to gain 30%.”. Option A (Rs. 692) is a different value from Rs. 630. Option B (Rs. 778) is a different value from Rs. 630. Option C (Rs. 703) is a different value from Rs. 630. Keep Rs. 630 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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