A trader buys an article for Rs. 830 and sells it for Rs. 872. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: D. 5.1%.
- A. 4.1%
Why not A: “4.1%” is not 5.1%.
- B. 6.1%
Why not B: “6.1%” is not 5.1%.
- C. 4.08%
Why not C: “4.08%” is not 5.1%.
- D. 5.1% ✓
Correct answer
D. 5.1%
Explanation
5.1% (option D) is the accepted answer to “A trader buys an article for Rs. 830 and sells it for Rs. 872. Find the profit percentage.”. Option A (4.1%) is a different value from 5.1%. Option B (6.1%) is a different value from 5.1%. Option C (4.08%) is a different value from 5.1%. Keep 5.1% 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. 340 at a profit of 40%. Find the cost price.
- Find the selling price of an item bought for Rs. 2940 to gain 30%.
- A trader buys an article for Rs. 1075 and sells it for Rs. 882. Find the loss percentage.
- A trader buys an article for Rs. 2165 and sells it for Rs. 1905. Find the loss percentage.
- Find the selling price of an item bought for Rs. 2295 to gain 30%.
- A man sells an article for Rs. 975 at a profit of 28%. Find the cost price.