A trader buys an article for Rs. 2405 and sells it for Rs. 1732. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: A. 28%.
- A. 28% ✓
- B. 22%
Why not B: “22%” is not 28%.
- C. 34%
Why not C: “34%” is not 28%.
- D. 30%
Why not D: “30%” is not 28%.
Correct answer
A. 28%
Explanation
28% (option A) is the accepted answer to “A trader buys an article for Rs. 2405 and sells it for Rs. 1732. Find the loss percentage.”. Option B (22%) is a different value from 28%. Option C (34%) is a different value from 28%. Option D (30%) is a different value from 28%. Keep 28% 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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