A trader buys an article for Rs. 505 and sells it for Rs. 379. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 25%.
- A. 27%
Why not A: “27%” is not 25%.
- B. 28%
Why not B: “28%” is not 25%.
- C. 25% ✓
- D. 29%
Why not D: “29%” is not 25%.
Correct answer
C. 25%
Explanation
25% (option C) is the accepted answer to “A trader buys an article for Rs. 505 and sells it for Rs. 379. Find the loss percentage.”. Option A (27%) is a different value from 25%. Option B (28%) is a different value from 25%. Option D (29%) is a different value from 25%. Keep 25% 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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