A trader buys an article for Rs. 305 and sells it for Rs. 293. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 3.9%.
- A. 4.9%
Why not A: “4.9%” is not 3.9%.
- B. 2.9%
Why not B: “2.9%” is not 3.9%.
- C. 3.9% ✓
- D. 5.9%
Why not D: “5.9%” is not 3.9%.
Correct answer
C. 3.9%
Explanation
3.9% (option C) is the accepted answer to “A trader buys an article for Rs. 305 and sells it for Rs. 293. Find the loss percentage.”. Option A (4.9%) is a different value from 3.9%. Option B (2.9%) is a different value from 3.9%. Option D (5.9%) is a different value from 3.9%. Keep 3.9% 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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