A trader buys an article for Rs. 2830 and sells it for Rs. 1415. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 50%.
- A. 47%
Why not A: “47%” is not 50%.
- B. 43%
Why not B: “43%” is not 50%.
- C. 50% ✓
- D. 54%
Why not D: “54%” is not 50%.
Correct answer
C. 50%
Explanation
50% (option C) is the accepted answer to “A trader buys an article for Rs. 2830 and sells it for Rs. 1415. Find the loss percentage.”. Option A (47%) is a different value from 50%. Option B (43%) is a different value from 50%. Option D (54%) is a different value from 50%. Keep 50% 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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