Find the selling price of an item bought for Rs. 850 to gain 20%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: D. Rs. 1020.
- A. Rs. 1105
Why not A: “Rs. 1105” is not Rs. 1020.
- B. Rs. 1137
Why not B: “Rs. 1137” is not Rs. 1020.
- C. Rs. 915
Why not C: “Rs. 915” is not Rs. 1020.
- D. Rs. 1020 ✓
Correct answer
D. Rs. 1020
Explanation
Rs. 1020 (option D) is the accepted answer to “Find the selling price of an item bought for Rs. 850 to gain 20%.”. Option A (Rs. 1105) is a different value from Rs. 1020. Option B (Rs. 1137) is a different value from Rs. 1020. Option C (Rs. 915) is a different value from Rs. 1020. Keep Rs. 1020 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. 4975 and sells it for Rs. 6368. Find the profit percentage.
- A man sells an article for Rs. 1270 at a profit of 40%. Find the cost price.
- Find the selling price of an item bought for Rs. 865 to gain 15%.
- A trader buys an article for Rs. 4060 and sells it for Rs. 3654. Find the loss percentage.
- A man sells an article for Rs. 4355 at a profit of 32%. Find the cost price.
- A man sells an article for Rs. 4170 at a profit of 10%. Find the cost price.