Profit and Loss Mcqs A trader buys an article for Rs. 305 and sells it for Rs. 293. Find the loss percentage. A. 4.9%B. 2.9%C. 3.9% ✓D. 5.9% Correct answerC. 3.9% ExplanationLoss = 12. Loss% = (12/305) x 100 = 3.9%.