A trader buys an article for Rs. 520 and sells it for Rs. 270. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: A. 48.1%.
- A. 48.1% ✓
- B. 41.81%
Why not B: “41.81%” is not 48.1%.
- C. 39.83%
Why not C: “39.83%” is not 48.1%.
- D. 43.14%
Why not D: “43.14%” is not 48.1%.
Correct answer
A. 48.1%
Explanation
48.1% (option A) is the accepted answer to “A trader buys an article for Rs. 520 and sells it for Rs. 270. Find the loss percentage.”. Option B (41.81%) is a different value from 48.1%. Option C (39.83%) is a different value from 48.1%. Option D (43.14%) is a different value from 48.1%. Keep 48.1% 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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