A trader buys an article for Rs. 3595 and sells it for Rs. 3056. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: B. 15%.
- A. 18%
Why not A: “18%” is not 15%.
- B. 15% ✓
- C. 13%
Why not C: “13%” is not 15%.
- D. 17%
Why not D: “17%” is not 15%.
Correct answer
B. 15%
Explanation
15% (option B) is the accepted answer to “A trader buys an article for Rs. 3595 and sells it for Rs. 3056. Find the loss percentage.”. Option A (18%) is a different value from 15%. Option C (13%) is a different value from 15%. Option D (17%) is a different value from 15%. Keep 15% 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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