A trader buys an article for Rs. 585 and sells it for Rs. 608. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: A. 3.9%.
- A. 3.9% ✓
- B. 2.9%
Why not B: “2.9%” is not 3.9%.
- C. 5.9%
Why not C: “5.9%” is not 3.9%.
- D. 4.9%
Why not D: “4.9%” is not 3.9%.
Correct answer
A. 3.9%
Explanation
3.9% (option A) is the accepted answer to “A trader buys an article for Rs. 585 and sells it for Rs. 608. Find the profit percentage.”. Option B (2.9%) is a different value from 3.9%. Option C (5.9%) is a different value from 3.9%. Option D (4.9%) is a different value from 3.9%. Keep 3.9% 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
Related MCQs
- A man sells an article for Rs. 4755 at a loss of 15%. Find the cost price.
- Find the selling price of an item bought for Rs. 2375 to gain 40%.
- A trader buys an article for Rs. 1205 and sells it for Rs. 1687. Find the profit percentage.
- A trader buys an article for Rs. 3025 and sells it for Rs. 3570. Find the profit percentage.
- Find the selling price of an item bought for Rs. 2630 to gain 25%.
- A man sells an article for Rs. 4275 at a profit of 10%. Find the cost price.