A trader buys an article for Rs. 1075 and sells it for Rs. 1344. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: D. 25%.
- A. 29%
Why not A: “29%” is not 25%.
- B. 31%
Why not B: “31%” is not 25%.
- C. 20%
Why not C: “20%” is not 25%.
- D. 25% ✓
Correct answer
D. 25%
Explanation
25% (option D) is the accepted answer to “A trader buys an article for Rs. 1075 and sells it for Rs. 1344. Find the profit percentage.”. Option A (29%) is a different value from 25%. Option B (31%) is a different value from 25%. Option C (20%) is a different value from 25%. Keep 25% 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 man sells an article for Rs. 3380 at a profit of 20%. Find the cost price.
- Find the selling price of an item bought for Rs. 2600 to gain 20%.
- A trader buys an article for Rs. 330 and sells it for Rs. 462. Find the profit percentage.
- A trader buys an article for Rs. 1080 and sells it for Rs. 1620. Find the profit percentage.
- Find the selling price of an item bought for Rs. 2030 to gain 40%.
- A man sells an article for Rs. 1465 at a profit of 5%. Find the cost price.