A trader buys an article for Rs. 4210 and sells it for Rs. 2442. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 42%.
- A. 51%
Why not A: “51%” is not 42%.
- B. 49%
Why not B: “49%” is not 42%.
- C. 42% ✓
- D. 50%
Why not D: “50%” is not 42%.
Correct answer
C. 42%
Explanation
42% (option C) is the accepted answer to “A trader buys an article for Rs. 4210 and sells it for Rs. 2442. Find the loss percentage.”. Option A (51%) is a different value from 42%. Option B (49%) is a different value from 42%. Option D (50%) is a different value from 42%. Keep 42% 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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