A trader buys an article for Rs. 2390 and sells it for Rs. 3394. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: B. 42%.
- A. 38%
Why not A: “38%” is not 42%.
- B. 42% ✓
- C. 45%
Why not C: “45%” is not 42%.
- D. 48%
Why not D: “48%” is not 42%.
Correct answer
B. 42%
Explanation
42% (option B) is the accepted answer to “A trader buys an article for Rs. 2390 and sells it for Rs. 3394. Find the profit percentage.”. Option A (38%) is a different value from 42%. Option C (45%) is a different value from 42%. Option D (48%) is a different value from 42%. Keep 42% 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
Related MCQs
- A man sells an article for Rs. 2005 at a profit of 38%. Find the cost price.
- Find the selling price of an item bought for Rs. 2955 to gain 10%.
- A trader buys an article for Rs. 3970 and sells it for Rs. 1985. Find the loss percentage.
- A trader buys an article for Rs. 1765 and sells it for Rs. 1024. Find the loss percentage.
- Find the selling price of an item bought for Rs. 1370 to gain 25%.
- A man sells an article for Rs. 2380 at a loss of 18%. Find the cost price.