Find the selling price of an item bought for Rs. 890 to gain 40%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: B. Rs. 1246.
- A. Rs. 1382
Why not A: “Rs. 1382” is not Rs. 1246.
- B. Rs. 1246 ✓
- C. Rs. 979
Why not C: “Rs. 979” is not Rs. 1246.
- D. Rs. 1178
Why not D: “Rs. 1178” is not Rs. 1246.
Correct answer
B. Rs. 1246
Explanation
Rs. 1246 (option B) is the accepted answer to “Find the selling price of an item bought for Rs. 890 to gain 40%.”. Option A (Rs. 1382) is a different value from Rs. 1246. Option C (Rs. 979) is a different value from Rs. 1246. Option D (Rs. 1178) is a different value from Rs. 1246. Keep Rs. 1246 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. 250 and sells it for Rs. 312. Find the profit percentage.
- A man sells an article for Rs. 3215 at a profit of 10%. Find the cost price.
- Find the selling price of an item bought for Rs. 750 to gain 5%.
- Find the selling price of an item bought for Rs. 1975 to gain 25%.
- A man sells an article for Rs. 5490 at a loss of 30%. Find the cost price.
- A trader buys an article for Rs. 585 and sells it for Rs. 526. Find the loss percentage.