A trader buys an article for Rs. 160 and sells it for Rs. 189. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 18.1%.
- A. 14.99%
Why not A: “14.99%” is not 18.1%.
- B. 16.79%
Why not B: “16.79%” is not 18.1%.
- C. 18.1% ✓
- D. 16.81%
Why not D: “16.81%” is not 18.1%.
Correct answer
C. 18.1%
Explanation
18.1% (option C) is the accepted answer to “A trader buys an article for Rs. 160 and sells it for Rs. 189. Find the profit percentage.”. Option A (14.99%) is a different value from 18.1%. Option B (16.79%) is a different value from 18.1%. Option D (16.81%) is a different value from 18.1%. Keep 18.1% 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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