A trader buys an article for Rs. 2785 and sells it for Rs. 2061. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: B. 26%.
- A. 23%
Why not A: “23%” is not 26%.
- B. 26% ✓
- C. 31%
Why not C: “31%” is not 26%.
- D. 28%
Why not D: “28%” is not 26%.
Correct answer
B. 26%
Explanation
26% (option B) is the accepted answer to “A trader buys an article for Rs. 2785 and sells it for Rs. 2061. Find the loss percentage.”. Option A (23%) is a different value from 26%. Option C (31%) is a different value from 26%. Option D (28%) is a different value from 26%. Keep 26% 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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