A trader buys an article for Rs. 880 and sells it for Rs. 1188. Find the profit percentage.
Difficulty: Easy
About this MCQ
Easy Profit and Loss Mcqs item. Correct choice: B. 35%.
- A. 42%
Why not A: “42%” is not 35%.
- B. 35% ✓
- C. 37%
Why not C: “37%” is not 35%.
- D. 44%
Why not D: “44%” is not 35%.
Correct answer
B. 35%
Explanation
35% (option B) is the accepted answer to “A trader buys an article for Rs. 880 and sells it for Rs. 1188. Find the profit percentage.”. Option A (42%) is a different value from 35%. Option C (37%) is a different value from 35%. Option D (44%) is a different value from 35%. Keep 35% 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 trader buys an article for Rs. 3815 and sells it for Rs. 3968. Find the profit percentage.
- Find the selling price of an item bought for Rs. 1675 to gain 40%.
- Find the selling price of an item bought for Rs. 355 to gain 30%.
- A trader buys an article for Rs. 4900 and sells it for Rs. 7350. Find the profit percentage.
- A man sells an article for Rs. 3695 at a profit of 10%. Find the cost price.
- A man sells an article for Rs. 1395 at a loss of 30%. Find the cost price.