A trader buys an article for Rs. 440 and sells it for Rs. 651. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 48%.
- A. 37%
Why not A: “37%” is not 48%.
- B. 36%
Why not B: “36%” is not 48%.
- C. 48% ✓
- D. 57%
Why not D: “57%” is not 48%.
Correct answer
C. 48%
Explanation
48% (option C) is the accepted answer to “A trader buys an article for Rs. 440 and sells it for Rs. 651. Find the profit percentage.”. Option A (37%) is a different value from 48%. Option B (36%) is a different value from 48%. Option D (57%) is a different value from 48%. Keep 48% 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. 5645 at a profit of 10%. Find the cost price.
- Find the selling price of an item bought for Rs. 335 to gain 35%.
- A trader buys an article for Rs. 340 and sells it for Rs. 449. Find the profit percentage.
- A trader buys an article for Rs. 1285 and sells it for Rs. 1773. Find the profit percentage.
- Find the selling price of an item bought for Rs. 180 to gain 5%.
- A man sells an article for Rs. 4885 at a profit of 32%. Find the cost price.