A trader buys an article for Rs. 710 and sells it for Rs. 753. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: A. 6.1%.
- A. 6.1% ✓
- B. 5.1%
Why not B: “5.1%” is not 6.1%.
- C. 4.66%
Why not C: “4.66%” is not 6.1%.
- D. 7.2%
Why not D: “7.2%” is not 6.1%.
Correct answer
A. 6.1%
Explanation
6.1% (option A) is the accepted answer to “A trader buys an article for Rs. 710 and sells it for Rs. 753. Find the profit percentage.”. Option B (5.1%) is a different value from 6.1%. Option C (4.66%) is a different value from 6.1%. Option D (7.2%) is a different value from 6.1%. Keep 6.1% 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
Related MCQs
- A man sells an article for Rs. 500 at a profit of 30%. Find the cost price.
- Find the selling price of an item bought for Rs. 2135 to gain 35%.
- A trader buys an article for Rs. 2280 and sells it for Rs. 1414. Find the loss percentage.
- A trader buys an article for Rs. 2275 and sells it for Rs. 2457. Find the profit percentage.
- Find the selling price of an item bought for Rs. 1640 to gain 20%.
- A man sells an article for Rs. 520 at a profit of 25%. Find the cost price.