A trader buys an article for Rs. 4385 and sells it for Rs. 5525. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: D. 26%.
- A. 32%
Why not A: “32%” is not 26%.
- B. 22%
Why not B: “22%” is not 26%.
- C. 29%
Why not C: “29%” is not 26%.
- D. 26% ✓
Correct answer
D. 26%
Explanation
26% (option D) is the accepted answer to “A trader buys an article for Rs. 4385 and sells it for Rs. 5525. Find the profit percentage.”. Option A (32%) is a different value from 26%. Option B (22%) is a different value from 26%. Option C (29%) is a different value from 26%. Keep 26% 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
Related MCQs
- A man sells an article for Rs. 4205 at a loss of 30%. Find the cost price.
- Find the selling price of an item bought for Rs. 2890 to gain 30%.
- A trader buys an article for Rs. 3370 and sells it for Rs. 5055. Find the profit percentage.
- A trader buys an article for Rs. 3730 and sells it for Rs. 2686. Find the loss percentage.
- Find the selling price of an item bought for Rs. 1120 to gain 15%.
- A man sells an article for Rs. 640 at a profit of 12%. Find the cost price.