A trader buys an article for Rs. 695 and sells it for Rs. 612. Find the loss percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: A. 11.9%.
- A. 11.9% ✓
- B. 10.7%
Why not B: “10.7%” is not 11.9%.
- C. 10.11%
Why not C: “10.11%” is not 11.9%.
- D. 9.9%
Why not D: “9.9%” is not 11.9%.
Correct answer
A. 11.9%
Explanation
11.9% (option A) is the accepted answer to “A trader buys an article for Rs. 695 and sells it for Rs. 612. Find the loss percentage.”. Option B (10.7%) is a different value from 11.9%. Option C (10.11%) is a different value from 11.9%. Option D (9.9%) 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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