Find the selling price of an item bought for Rs. 845 to gain 20%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: C. Rs. 1014.
- A. Rs. 934
Why not A: “Rs. 934” is not Rs. 1014.
- B. Rs. 1137
Why not B: “Rs. 1137” is not Rs. 1014.
- C. Rs. 1014 ✓
- D. Rs. 877
Why not D: “Rs. 877” is not Rs. 1014.
Correct answer
C. Rs. 1014
Explanation
Rs. 1014 (option C) is the accepted answer to “Find the selling price of an item bought for Rs. 845 to gain 20%.”. Option A (Rs. 934) is a different value from Rs. 1014. Option B (Rs. 1137) is a different value from Rs. 1014. Option D (Rs. 877) is a different value from Rs. 1014. Keep Rs. 1014 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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