Profit and Loss MCQs Math MCQs - Maths Practice | PakExamPoint

Practise Profit and Loss MCQs Math MCQs in Maths. Attempt multiple-choice questions, check answers and revise related subtopics.

Profit and Loss MCQs Math MCQs and revision practice

Study Profit and Loss MCQs Math through multiple-choice questions in Maths. This subtopic contains 156 practice questions. Read the wording carefully, compare the options and attempt an answer before checking the solution in learning mode.

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Profit and Loss MCQs Math: questions and answer review

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101. Ali buys an oven for Rs. 36800 and sells it at a gain of 8.5%. For how much does he sell it?

Check answer and explanation

Answer: see the answer

Explanation To find the selling price, we need to calculate the gain and add it to the cost price. The formula for the selling price is: Selling Price = Cost Price + Gain The gain is calculated as: Gain = Gain Percentage 100 × Cost Price Given: Cost Price = Rs. 36,800 Gain Percentage = 8.5% Now, calculate the gain: Gain = 8.5 100 × 36 , 800 = 0.085 × 36 , 800 = 3 , 128 Now, add the gain to the cost price: Selling Price = 36 , 800 + 3 , 128 = 39 , 928 So, Ali sells the oven for Rs. 39,928 .

102. On selling a ball at Rs. 720, there is loss of 10%. The cost price of the ball is _____?

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Answer: Rs. 800

Explanation Selling price = Rs. 720 Loss = 10% Cost price = 720 / (1 - 0.10) = 720 / 0.9 = 800 Last verified on 10-03-2026

103. A candidate got 35% of the votes polled and he lost to his rival by 2250 votes. How many votes were cast?

ایک امیدوار نے پولنگ ووٹوں کا 35% حاصل کیا اور وہ اپنے حریف سے 2250 ووٹوں سے ہار گیا۔ کتنے ووٹ ڈالے گئے؟

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Answer: 7500

Explanation 35%———–Lost 65%———–Win —————— 30%———-2250 100%———? => 7500 ND11-4-2023

104. If the cost price is 25% of the selling price, then find the profit percent.

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Answer: 300

Explanation Let the S.P. be Rs. 100 Then C.P will be Rs. 25 Profit will be 75 Profit %= 75/25 ×100% =300% *** ND11-12-2022

105. Arslan and Bilal have some marbles with them. Arsian told Bilal if you give me 'x' marbles, both of us will have equal number of marbles. Bilal then told Arslan "if you give me twice as many marbles, I will have 30 more marbles than you would". Find 'x'?

Check answer and explanation

Answer: 5

Explanation

106. A retailer bought a product from the producer for Rs. 300 and paid a sales tax of 15% and sold the product to customers for Rs. 410. Calculate the profit

Check answer and explanation

Answer: 65

Explanation ND5-07-2023

107. A person incurs a profit of 8% by selling a purse for Rs. 2160. The cost price of the purse is _____?

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Answer: Rs. 2000

Explanation Let CP be the cost price. Selling price = Rs. 2160 Profit % = 8% SP = CP + 0.08CP 2160 = 1.08CP CP = 2160 / 1.08 CP = 2000 Last verified on 18-03-2026

108. A toy is sold for Rs. 220, what was the cost if the rate of profit was 10% of the cost?

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Answer: Rs. 200

Explanation Selling price = Cost + 10% profit 220 = Cost + 0.10 × Cost 220 = 1.10 × Cost Cost = 220 / 1.10 = 200 Last verified on 30-03-2026

109. If You buy Something and Sell it in Triple Price your profit Percentage will be ?

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Answer: 200%

Explanation Let the cost price (CP) = 100 (for easy calculation) Selling price (SP) = triple the CP = 3 × 100 = 300 Profit = SP − CP = 300 − 100 = 200 Profit Percentage = (Profit ÷ Cost Price) × 100 = (200 ÷ 100) × 100 = 200% Last updated 05-03-2026

110. A fair-price shopkeeper takes 10% profit on his goods. He lost 20% goods during the theft. What is his loss percent?

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Answer: 12

Explanation Let the buyer has 100 items and each costs 1 Rs The cost price of 100 items= 100Rs Profit percentage = 10 So the selling price of one item= 1+10/100 =1.1 No of items left after theft =100−20 =80 the selling price of 80 items =80×1.1 =88Rs Loss % = (100)-(80)/100 (100) =12% **** ND10-12-2022

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