A trader buys an article for Rs. 4005 and sells it for Rs. 5807. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: D. 45%.
- A. 47%
Why not A: “47%” is not 45%.
- B. 55%
Why not B: “55%” is not 45%.
- C. 54%
Why not C: “54%” is not 45%.
- D. 45% ✓
Correct answer
D. 45%
Explanation
45% (option D) is the accepted answer to “A trader buys an article for Rs. 4005 and sells it for Rs. 5807. Find the profit percentage.”. Option A (47%) is a different value from 45%. Option B (55%) is a different value from 45%. Option C (54%) is a different value from 45%. Keep 45% 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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