A trader buys an article for Rs. 575 and sells it for Rs. 448. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 22.1%.
- A. 25.16%
Why not A: “25.16%” is not 22.1%.
- B. 23.56%
Why not B: “23.56%” is not 22.1%.
- C. 22.1% ✓
- D. 27.08%
Why not D: “27.08%” is not 22.1%.
Correct answer
C. 22.1%
Explanation
22.1% (option C) is the accepted answer to “A trader buys an article for Rs. 575 and sells it for Rs. 448. Find the loss percentage.”. Option A (25.16%) is a different value from 22.1%. Option B (23.56%) is a different value from 22.1%. Option D (27.08%) is a different value from 22.1%. Keep 22.1% 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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