A trader buys an article for Rs. 455 and sells it for Rs. 432. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: A. 5.1%.
- A. 5.1% ✓
- B. 4.1%
Why not B: “4.1%” is not 5.1%.
- C. 3.96%
Why not C: “3.96%” is not 5.1%.
- D. 6.1%
Why not D: “6.1%” is not 5.1%.
Correct answer
A. 5.1%
Explanation
5.1% (option A) is the accepted answer to “A trader buys an article for Rs. 455 and sells it for Rs. 432. Find the loss percentage.”. Option B (4.1%) is a different value from 5.1%. Option C (3.96%) is a different value from 5.1%. Option D (6.1%) is a different value from 5.1%. Keep 5.1% 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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