A trader buys an article for Rs. 1205 and sells it for Rs. 1687. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: A. 40%.
- A. 40% ✓
- B. 43%
Why not B: “43%” is not 40%.
- C. 47%
Why not C: “47%” is not 40%.
- D. 48%
Why not D: “48%” is not 40%.
Correct answer
A. 40%
Explanation
40% (option A) is the accepted answer to “A trader buys an article for Rs. 1205 and sells it for Rs. 1687. Find the profit percentage.”. Option B (43%) is a different value from 40%. Option C (47%) is a different value from 40%. Option D (48%) is a different value from 40%. Keep 40% 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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