A trader buys an article for Rs. 4620 and sells it for Rs. 3788. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: B. 18%.
- A. 21%
Why not A: “21%” is not 18%.
- B. 18% ✓
- C. 22%
Why not C: “22%” is not 18%.
- D. 20%
Why not D: “20%” is not 18%.
Correct answer
B. 18%
Explanation
18% (option B) is the accepted answer to “A trader buys an article for Rs. 4620 and sells it for Rs. 3788. Find the loss percentage.”. Option A (21%) is a different value from 18%. Option C (22%) is a different value from 18%. Option D (20%) is a different value from 18%. Keep 18% 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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