A trader buys an article for Rs. 1100 and sells it for Rs. 1342. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: D. 22%.
- A. 17%
Why not A: “17%” is not 22%.
- B. 19%
Why not B: “19%” is not 22%.
- C. 25%
Why not C: “25%” is not 22%.
- D. 22% ✓
Correct answer
D. 22%
Explanation
22% (option D) is the accepted answer to “A trader buys an article for Rs. 1100 and sells it for Rs. 1342. Find the profit percentage.”. Option A (17%) is a different value from 22%. Option B (19%) is a different value from 22%. Option C (25%) is a different value from 22%. Keep 22% 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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