A trader buys an article for Rs. 2235 and sells it for Rs. 2570. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: D. 15%.
- A. 12%
Why not A: “12%” is not 15%.
- B. 17%
Why not B: “17%” is not 15%.
- C. 16%
Why not C: “16%” is not 15%.
- D. 15% ✓
Correct answer
D. 15%
Explanation
15% (option D) is the accepted answer to “A trader buys an article for Rs. 2235 and sells it for Rs. 2570. Find the profit percentage.”. Option A (12%) is a different value from 15%. Option B (17%) is a different value from 15%. Option C (16%) is a different value from 15%. Keep 15% 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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