A shopkeeper buys an item for Rs. 400 and sells it for Rs. 500. Find profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: A. 25%.
- A. 25% ✓
- B. 20%
Why not B: “20%” is not 25%.
- C. 30%
Why not C: “30%” is not 25%.
- D. 15%
Why not D: “15%” is not 25%.
Correct answer
A. 25%
Explanation
25% (option A) is the accepted answer to “A shopkeeper buys an item for Rs. 400 and sells it for Rs. 500. Find profit percentage.”. Option B (20%) is a different value from 25%. Option C (30%) is a different value from 25%. Option D (15%) is a different value from 25%. Keep 25% as the Profit and Loss Mcqs fact for this stem.
Source: FPSC/NTS Past Papers
Tags: NTS, Basic, Profit and Loss
Submitted by: MCQsHub Editorial
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