A trader buys an article for Rs. 495 and sells it for Rs. 554. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 11.9%.
- A. 14.43%
Why not A: “14.43%” is not 11.9%.
- B. 12.9%
Why not B: “12.9%” is not 11.9%.
- C. 11.9% ✓
- D. 9.71%
Why not D: “9.71%” is not 11.9%.
Correct answer
C. 11.9%
Explanation
11.9% (option C) is the accepted answer to “A trader buys an article for Rs. 495 and sells it for Rs. 554. Find the profit percentage.”. Option A (14.43%) is a different value from 11.9%. Option B (12.9%) is a different value from 11.9%. Option D (9.71%) is a different value from 11.9%. Keep 11.9% 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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