Find the selling price of an item bought for Rs. 500 to gain 30%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: B. Rs. 650.
- A. Rs. 558
Why not A: “Rs. 558” is not Rs. 650.
- B. Rs. 650 ✓
- C. Rs. 612
Why not C: “Rs. 612” is not Rs. 650.
- D. Rs. 809
Why not D: “Rs. 809” is not Rs. 650.
Correct answer
B. Rs. 650
Explanation
Rs. 650 (option B) is the accepted answer to “Find the selling price of an item bought for Rs. 500 to gain 30%.”. Option A (Rs. 558) is a different value from Rs. 650. Option C (Rs. 612) is a different value from Rs. 650. Option D (Rs. 809) is a different value from Rs. 650. Keep Rs. 650 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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