A trader buys an article for Rs. 3930 and sells it for Rs. 2830. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 28%.
- A. 21%
Why not A: “21%” is not 28%.
- B. 24%
Why not B: “24%” is not 28%.
- C. 28% ✓
- D. 33%
Why not D: “33%” is not 28%.
Correct answer
C. 28%
Explanation
28% (option C) is the accepted answer to “A trader buys an article for Rs. 3930 and sells it for Rs. 2830. Find the loss percentage.”. Option A (21%) is a different value from 28%. Option B (24%) is a different value from 28%. Option D (33%) is a different value from 28%. Keep 28% 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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