A trader buys an article for Rs. 1275 and sells it for Rs. 918. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: D. 28%.
- A. 31%
Why not A: “31%” is not 28%.
- B. 22%
Why not B: “22%” is not 28%.
- C. 24%
Why not C: “24%” is not 28%.
- D. 28% ✓
Correct answer
D. 28%
Explanation
28% (option D) is the accepted answer to “A trader buys an article for Rs. 1275 and sells it for Rs. 918. Find the loss percentage.”. Option A (31%) is a different value from 28%. Option B (22%) is a different value from 28%. Option C (24%) is a different value from 28%. Keep 28% 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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