A trader buys an article for Rs. 4570 and sells it for Rs. 6855. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: B. 50%.
- A. 53%
Why not A: “53%” is not 50%.
- B. 50% ✓
- C. 46%
Why not C: “46%” is not 50%.
- D. 61%
Why not D: “61%” is not 50%.
Correct answer
B. 50%
Explanation
50% (option B) is the accepted answer to “A trader buys an article for Rs. 4570 and sells it for Rs. 6855. Find the profit percentage.”. Option A (53%) is a different value from 50%. Option C (46%) is a different value from 50%. Option D (61%) is a different value from 50%. Keep 50% 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. 4295 at a profit of 22%. Find the cost price.
- Find the selling price of an item bought for Rs. 240 to gain 15%.
- A trader buys an article for Rs. 1705 and sells it for Rs. 2558. Find the profit percentage.
- A trader buys an article for Rs. 665 and sells it for Rs. 838. Find the profit percentage.
- Find the selling price of an item bought for Rs. 2755 to gain 5%.
- A man sells an article for Rs. 3675 at a profit of 15%. Find the cost price.