A trader buys an article for Rs. 2825 and sells it for Rs. 2882. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: A. 2%.
- A. 2% ✓
- B. 1%
Why not B: “1%” is not 2%.
- C. 3%
Why not C: “3%” is not 2%.
- D. 4%
Why not D: “4%” is not 2%.
Correct answer
A. 2%
Explanation
2% (option A) is the accepted answer to “A trader buys an article for Rs. 2825 and sells it for Rs. 2882. Find the profit percentage.”. Option B (1%) is a different value from 2%. Option C (3%) is a different value from 2%. Option D (4%) is a different value from 2%. Keep 2% 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. 4685 at a profit of 18%. Find the cost price.
- Find the selling price of an item bought for Rs. 1810 to gain 10%.
- A trader buys an article for Rs. 4710 and sells it for Rs. 3062. Find the loss percentage.
- A trader buys an article for Rs. 550 and sells it for Rs. 638. Find the profit percentage.
- Find the selling price of an item bought for Rs. 1465 to gain 10%.
- A man sells an article for Rs. 3195 at a loss of 20%. Find the cost price.