A trader buys an article for Rs. 240 and sells it for Rs. 254. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 5.8%.
- A. 4.56%
Why not A: “4.56%” is not 5.8%.
- B. 4.36%
Why not B: “4.36%” is not 5.8%.
- C. 5.8% ✓
- D. 6.8%
Why not D: “6.8%” is not 5.8%.
Correct answer
C. 5.8%
Explanation
5.8% (option C) is the accepted answer to “A trader buys an article for Rs. 240 and sells it for Rs. 254. Find the profit percentage.”. Option A (4.56%) is a different value from 5.8%. Option B (4.36%) is a different value from 5.8%. Option D (6.8%) is a different value from 5.8%. Keep 5.8% 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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