A trader buys an article for Rs. 815 and sells it for Rs. 1076. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: C. 32%.
- A. 28%
Why not A: “28%” is not 32%.
- B. 37%
Why not B: “37%” is not 32%.
- C. 32% ✓
- D. 24%
Why not D: “24%” is not 32%.
Correct answer
C. 32%
Explanation
32% (option C) is the accepted answer to “A trader buys an article for Rs. 815 and sells it for Rs. 1076. Find the profit percentage.”. Option A (28%) is a different value from 32%. Option B (37%) is a different value from 32%. Option D (24%) is a different value from 32%. Keep 32% 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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