A trader buys an article for Rs. 3960 and sells it for Rs. 2693. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: D. 32%.
- A. 30%
Why not A: “30%” is not 32%.
- B. 37%
Why not B: “37%” is not 32%.
- C. 34%
Why not C: “34%” is not 32%.
- D. 32% ✓
Correct answer
D. 32%
Explanation
32% (option D) is the accepted answer to “A trader buys an article for Rs. 3960 and sells it for Rs. 2693. Find the loss percentage.”. Option A (30%) is a different value from 32%. Option B (37%) is a different value from 32%. Option C (34%) 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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