A trader buys an article for Rs. 3145 and sells it for Rs. 2768. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: D. 12%.
- A. 10%
Why not A: “10%” is not 12%.
- B. 11%
Why not B: “11%” is not 12%.
- C. 14%
Why not C: “14%” is not 12%.
- D. 12% ✓
Correct answer
D. 12%
Explanation
12% (option D) is the accepted answer to “A trader buys an article for Rs. 3145 and sells it for Rs. 2768. Find the loss percentage.”. Option A (10%) is a different value from 12%. Option B (11%) is a different value from 12%. Option C (14%) is a different value from 12%. Keep 12% 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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