A trader buys an article for Rs. 395 and sells it for Rs. 276. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 30.1%.
- A. 35.31%
Why not A: “35.31%” is not 30.1%.
- B. 28.1%
Why not B: “28.1%” is not 30.1%.
- C. 30.1% ✓
- D. 36.57%
Why not D: “36.57%” is not 30.1%.
Correct answer
C. 30.1%
Explanation
30.1% (option C) is the accepted answer to “A trader buys an article for Rs. 395 and sells it for Rs. 276. Find the loss percentage.”. Option A (35.31%) is a different value from 30.1%. Option B (28.1%) is a different value from 30.1%. Option D (36.57%) is a different value from 30.1%. Keep 30.1% 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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