A trader buys an article for Rs. 4770 and sells it for Rs. 7060. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 48%.
- A. 45%
Why not A: “45%” is not 48%.
- B. 54%
Why not B: “54%” is not 48%.
- C. 48% ✓
- D. 60%
Why not D: “60%” is not 48%.
Correct answer
C. 48%
Explanation
48% (option C) is the accepted answer to “A trader buys an article for Rs. 4770 and sells it for Rs. 7060. Find the profit percentage.”. Option A (45%) is a different value from 48%. Option B (54%) is a different value from 48%. Option D (60%) 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
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