A trader buys an article for Rs. 3450 and sells it for Rs. 3726. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: D. 8%.
- A. 10%
Why not A: “10%” is not 8%.
- B. 7%
Why not B: “7%” is not 8%.
- C. 9%
Why not C: “9%” is not 8%.
- D. 8% ✓
Correct answer
D. 8%
Explanation
8% (option D) is the accepted answer to “A trader buys an article for Rs. 3450 and sells it for Rs. 3726. Find the profit percentage.”. Option A (10%) is a different value from 8%. Option B (7%) is a different value from 8%. Option C (9%) is a different value from 8%. Keep 8% 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
Related MCQs
- A man sells an article for Rs. 1385 at a loss of 15%. Find the cost price.
- Find the selling price of an item bought for Rs. 555 to gain 5%.
- A trader buys an article for Rs. 1680 and sells it for Rs. 1478. Find the loss percentage.
- A trader buys an article for Rs. 3750 and sells it for Rs. 4350. Find the profit percentage.
- Find the selling price of an item bought for Rs. 1765 to gain 30%.
- A man sells an article for Rs. 4305 at a loss of 30%. Find the cost price.