A trader buys an article for Rs. 2020 and sells it for Rs. 2727. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 35%.
- A. 40%
Why not A: “40%” is not 35%.
- B. 31%
Why not B: “31%” is not 35%.
- C. 35% ✓
- D. 43%
Why not D: “43%” is not 35%.
Correct answer
C. 35%
Explanation
35% (option C) is the accepted answer to “A trader buys an article for Rs. 2020 and sells it for Rs. 2727. Find the profit percentage.”. Option A (40%) is a different value from 35%. Option B (31%) is a different value from 35%. Option D (43%) is a different value from 35%. Keep 35% 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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