A trader buys an article for Rs. 3550 and sells it for Rs. 4473. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: B. 26%.
- A. 31%
Why not A: “31%” is not 26%.
- B. 26% ✓
- C. 22%
Why not C: “22%” is not 26%.
- D. 32%
Why not D: “32%” is not 26%.
Correct answer
B. 26%
Explanation
26% (option B) is the accepted answer to “A trader buys an article for Rs. 3550 and sells it for Rs. 4473. Find the profit percentage.”. Option A (31%) is a different value from 26%. Option C (22%) is a different value from 26%. Option D (32%) is a different value from 26%. Keep 26% 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 trader buys an article for Rs. 3440 and sells it for Rs. 2958. Find the loss percentage.
- Find the selling price of an item bought for Rs. 2585 to gain 35%.
- Find the selling price of an item bought for Rs. 705 to gain 15%.
- A trader buys an article for Rs. 690 and sells it for Rs. 566. Find the loss percentage.
- A man sells an article for Rs. 4240 at a loss of 18%. Find the cost price.
- A man sells an article for Rs. 455 at a profit of 25%. Find the cost price.