A trader buys an article for Rs. 2675 and sells it for Rs. 3478. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: D. 30%.
- A. 37%
Why not A: “37%” is not 30%.
- B. 28%
Why not B: “28%” is not 30%.
- C. 24%
Why not C: “24%” is not 30%.
- D. 30% ✓
Correct answer
D. 30%
Explanation
30% (option D) is the accepted answer to “A trader buys an article for Rs. 2675 and sells it for Rs. 3478. Find the profit percentage.”. Option A (37%) is a different value from 30%. Option B (28%) is a different value from 30%. Option C (24%) is a different value from 30%. Keep 30% 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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