A trader buys an article for Rs. 570 and sells it for Rs. 638. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: B. 11.9%.
- A. 10.9%
Why not A: “10.9%” is not 11.9%.
- B. 11.9% ✓
- C. 10.02%
Why not C: “10.02%” is not 11.9%.
- D. 13.31%
Why not D: “13.31%” is not 11.9%.
Correct answer
B. 11.9%
Explanation
11.9% (option B) is the accepted answer to “A trader buys an article for Rs. 570 and sells it for Rs. 638. Find the profit percentage.”. Option A (10.9%) is a different value from 11.9%. Option C (10.02%) is a different value from 11.9%. Option D (13.31%) 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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