A trader buys an article for Rs. 330 and sells it for Rs. 462. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 40%.
- A. 48%
Why not A: “48%” is not 40%.
- B. 49%
Why not B: “49%” is not 40%.
- C. 40% ✓
- D. 31%
Why not D: “31%” is not 40%.
Correct answer
C. 40%
Explanation
40% (option C) is the accepted answer to “A trader buys an article for Rs. 330 and sells it for Rs. 462. Find the profit percentage.”. Option A (48%) is a different value from 40%. Option B (49%) is a different value from 40%. Option D (31%) is a different value from 40%. Keep 40% 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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