Find the selling price of an item bought for Rs. 555 to gain 5%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: A. Rs. 583.
- A. Rs. 583 ✓
- B. Rs. 617
Why not B: “Rs. 617” is not Rs. 583.
- C. Rs. 616
Why not C: “Rs. 616” is not Rs. 583.
- D. Rs. 619
Why not D: “Rs. 619” is not Rs. 583.
Correct answer
A. Rs. 583
Explanation
Rs. 583 (option A) is the accepted answer to “Find the selling price of an item bought for Rs. 555 to gain 5%.”. Option B (Rs. 617) is a different value from Rs. 583. Option C (Rs. 616) is a different value from Rs. 583. Option D (Rs. 619) is a different value from Rs. 583. Keep Rs. 583 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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