A trader buys an article for Rs. 395 and sells it for Rs. 363. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: A. 8.1%.
- A. 8.1% ✓
- B. 6.84%
Why not B: “6.84%” is not 8.1%.
- C. 7.0%
Why not C: “7.0%” is not 8.1%.
- D. 6.34%
Why not D: “6.34%” is not 8.1%.
Correct answer
A. 8.1%
Explanation
8.1% (option A) is the accepted answer to “A trader buys an article for Rs. 395 and sells it for Rs. 363. Find the loss percentage.”. Option B (6.84%) is a different value from 8.1%. Option C (7.0%) is a different value from 8.1%. Option D (6.34%) is a different value from 8.1%. Keep 8.1% 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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