Find the selling price of an item bought for Rs. 785 to gain 35%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: A. Rs. 1060.
- A. Rs. 1060 ✓
- B. Rs. 1118
Why not B: “Rs. 1118” is not Rs. 1060.
- C. Rs. 1237
Why not C: “Rs. 1237” is not Rs. 1060.
- D. Rs. 874
Why not D: “Rs. 874” is not Rs. 1060.
Correct answer
A. Rs. 1060
Explanation
Rs. 1060 (option A) is the accepted answer to “Find the selling price of an item bought for Rs. 785 to gain 35%.”. Option B (Rs. 1118) is a different value from Rs. 1060. Option C (Rs. 1237) is a different value from Rs. 1060. Option D (Rs. 874) is a different value from Rs. 1060. Keep Rs. 1060 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
Related MCQs
- A trader buys an article for Rs. 480 and sells it for Rs. 288. Find the loss percentage.
- A man sells an article for Rs. 970 at a profit of 5%. Find the cost price.
- Find the selling price of an item bought for Rs. 1065 to gain 15%.
- Find the selling price of an item bought for Rs. 1340 to gain 10%.
- A man sells an article for Rs. 3065 at a profit of 25%. Find the cost price.
- A trader buys an article for Rs. 2500 and sells it for Rs. 1500. Find the loss percentage.