Find the selling price of an item bought for Rs. 885 to gain 5%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: B. Rs. 929.
- A. Rs. 1065
Why not A: “Rs. 1065” is not Rs. 929.
- B. Rs. 929 ✓
- C. Rs. 1032
Why not C: “Rs. 1032” is not Rs. 929.
- D. Rs. 882
Why not D: “Rs. 882” is not Rs. 929.
Correct answer
B. Rs. 929
Explanation
Rs. 929 (option B) is the accepted answer to “Find the selling price of an item bought for Rs. 885 to gain 5%.”. Option A (Rs. 1065) is a different value from Rs. 929. Option C (Rs. 1032) is a different value from Rs. 929. Option D (Rs. 882) is a different value from Rs. 929. Keep Rs. 929 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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