A trader buys an article for Rs. 415 and sells it for Rs. 490. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 18.1%.
- A. 16.1%
Why not A: “16.1%” is not 18.1%.
- B. 14.09%
Why not B: “14.09%” is not 18.1%.
- C. 18.1% ✓
- D. 14.77%
Why not D: “14.77%” is not 18.1%.
Correct answer
C. 18.1%
Explanation
18.1% (option C) is the accepted answer to “A trader buys an article for Rs. 415 and sells it for Rs. 490. Find the profit percentage.”. Option A (16.1%) is a different value from 18.1%. Option B (14.09%) is a different value from 18.1%. Option D (14.77%) is a different value from 18.1%. Keep 18.1% 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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