A trader buys an article for Rs. 760 and sells it for Rs. 1125. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: B. 48%.
- A. 51%
Why not A: “51%” is not 48%.
- B. 48% ✓
- C. 37%
Why not C: “37%” is not 48%.
- D. 58%
Why not D: “58%” is not 48%.
Correct answer
B. 48%
Explanation
48% (option B) is the accepted answer to “A trader buys an article for Rs. 760 and sells it for Rs. 1125. Find the profit percentage.”. Option A (51%) is a different value from 48%. Option C (37%) is a different value from 48%. Option D (58%) is a different value from 48%. Keep 48% 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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