A trader buys an article for Rs. 3510 and sells it for Rs. 5195. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: A. 48%.
- A. 48% ✓
- B. 39%
Why not B: “39%” is not 48%.
- C. 56%
Why not C: “56%” is not 48%.
- D. 41%
Why not D: “41%” is not 48%.
Correct answer
A. 48%
Explanation
48% (option A) is the accepted answer to “A trader buys an article for Rs. 3510 and sells it for Rs. 5195. Find the profit percentage.”. Option B (39%) is a different value from 48%. Option C (56%) is a different value from 48%. Option D (41%) is a different value from 48%. Keep 48% 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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