A trader buys an article for Rs. 2145 and sells it for Rs. 3218. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: B. 50%.
- A. 61%
Why not A: “61%” is not 50%.
- B. 50% ✓
- C. 54%
Why not C: “54%” is not 50%.
- D. 56%
Why not D: “56%” is not 50%.
Correct answer
B. 50%
Explanation
50% (option B) is the accepted answer to “A trader buys an article for Rs. 2145 and sells it for Rs. 3218. Find the profit percentage.”. Option A (61%) is a different value from 50%. Option C (54%) is a different value from 50%. Option D (56%) is a different value from 50%. Keep 50% 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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