Find the selling price of an item bought for Rs. 965 to gain 5%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: A. Rs. 1013.
- A. Rs. 1013 ✓
- B. Rs. 1155
Why not B: “Rs. 1155” is not Rs. 1013.
- C. Rs. 789
Why not C: “Rs. 789” is not Rs. 1013.
- D. Rs. 897
Why not D: “Rs. 897” is not Rs. 1013.
Correct answer
A. Rs. 1013
Explanation
Rs. 1013 (option A) is the accepted answer to “Find the selling price of an item bought for Rs. 965 to gain 5%.”. Option B (Rs. 1155) is a different value from Rs. 1013. Option C (Rs. 789) is a different value from Rs. 1013. Option D (Rs. 897) is a different value from Rs. 1013. Keep Rs. 1013 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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