A trader buys an article for Rs. 530 and sells it for Rs. 265. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: A. 50%.
- A. 50% ✓
- B. 60%
Why not B: “60%” is not 50%.
- C. 54%
Why not C: “54%” is not 50%.
- D. 56%
Why not D: “56%” is not 50%.
Correct answer
A. 50%
Explanation
50% (option A) is the accepted answer to “A trader buys an article for Rs. 530 and sells it for Rs. 265. Find the loss percentage.”. Option B (60%) is a different value from 50%. Option C (54%) is a different value from 50%. Option D (56%) is a different value from 50%. Keep 50% 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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