A trader buys an article for Rs. 2150 and sells it for Rs. 3118. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 45%.
- A. 54%
Why not A: “54%” is not 45%.
- B. 52%
Why not B: “52%” is not 45%.
- C. 45% ✓
- D. 39%
Why not D: “39%” is not 45%.
Correct answer
C. 45%
Explanation
45% (option C) is the accepted answer to “A trader buys an article for Rs. 2150 and sells it for Rs. 3118. Find the profit percentage.”. Option A (54%) is a different value from 45%. Option B (52%) is a different value from 45%. Option D (39%) is a different value from 45%. Keep 45% 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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