A trader buys an article for Rs. 3650 and sells it for Rs. 2482. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: A. 32%.
- A. 32% ✓
- B. 29%
Why not B: “29%” is not 32%.
- C. 36%
Why not C: “36%” is not 32%.
- D. 37%
Why not D: “37%” is not 32%.
Correct answer
A. 32%
Explanation
32% (option A) is the accepted answer to “A trader buys an article for Rs. 3650 and sells it for Rs. 2482. Find the loss percentage.”. Option B (29%) is a different value from 32%. Option C (36%) is a different value from 32%. Option D (37%) is a different value from 32%. Keep 32% 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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