A trader buys an article for Rs. 4705 and sells it for Rs. 4893. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 4%.
- A. 3%
Why not A: “3%” is not 4%.
- B. 6%
Why not B: “6%” is not 4%.
- C. 4% ✓
- D. 5%
Why not D: “5%” is not 4%.
Correct answer
C. 4%
Explanation
4% (option C) is the accepted answer to “A trader buys an article for Rs. 4705 and sells it for Rs. 4893. Find the profit percentage.”. Option A (3%) is a different value from 4%. Option B (6%) is a different value from 4%. Option D (5%) is a different value from 4%. Keep 4% 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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