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.

Use these Profit and Loss MCQs Math MCQs to identify the facts, rules or methods you need to revise. Where an explanation is available, work through it and write down why your chosen option was correct or incorrect. Revisit difficult questions after reviewing your notes, then use exam mode for timed practice.

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Profit and Loss MCQs Math: questions and answer review

Try each question before opening its answer. Record the concept behind each mistake and revisit it during your next practice session.

131. A shopkeeper marked an item 25% above its cost price. During a sale, he offered a discount of 10%. What was his profit percentage?

Check answer and explanation

Answer: 12.5%

Explanation Assume cost price = 100 Marked price = 25% above CP: 100 + 25 = 125 Discount = 10% on 125: 10% of 125 = 12.5 Selling price: 125 − 12.5 = 112.5 Profit 112.5 - 100 = 12.5% 112.5 − 100 = 12.5% Last updated question NS on 10 MAY 2026

132. Anwar shares Rs. 80,000 and Maria Rs. 120,000 in a business. The total profit is Rs. 25,000. Find Maria’s share?

Check answer and explanation

Answer: 15000

Explanation Investment ratio = 80000 : 120000 = 2 : 3 Profit share = 2+3 = 5 parts Maria's share = (3/5) × 25000 = 15000 Last verified on 13-03-2026

133. A trader marked his goods at 30% above the cost price. If he allows his customer 20% discount the percent of his profit is _____?

Check answer and explanation

Answer: 4%

Explanation Let CP = 100 MP = 100 + 30% of 100 = 130 Discount = 20% of 130 = 26 SP = 130 - 26 = 104 Profit = 104 - 100 = 4 Profit% = 4% Last verified on 13-03-2026

134. In the first 3 days of class, Yasir lost 2 pencils. If he keeps losing pencils at the same rate for 60 days of class, how many pencils

Check answer and explanation

Answer: 40

Explanation in 30 Days, 20 pencils lost and 60 days, 40 Pencil lost ******** 60 x 2/3 120/3 Ans=40

135. A property dealer sold a house for 600,000 and charged 1% Commission for both the parties. How much did the seller get?

Check answer and explanation

Answer: 594000

Explanation ⇒I assume he charged both parties 1% and not a 1 % split between both. ⇒ Rs 600000 sale price ⇒ commission - 6000 ⇒ the buyer would pay Rs 600000 plus added commission Rs 6000 = Rs 606000 ⇒ The seller would receive Rs 600k less Rs 6000 = Rs 594 000 ***** ND04-12-2022 ND23-6-2023

136. A shopkeeper earns 40% profit on pair of shoes the cost of that pair of shoes is rupees 700 the profit he will get is ___________?

Check answer and explanation

Answer: 280

Explanation Total Price = 700 700 x 40/100 Profit =280

137. A pen of Rs. 300 is sold at 2% profit. What is the profit amount?

Check answer and explanation

Answer: 6

Explanation Profit =2/ 100 × 300 = 6

138. A grocer purchases 10 kilograms of rice at Rs. 120 per kilogram and sells at Rs. 126 per kilogram. The grosser gained _____ percent.

Check answer and explanation

Answer: 5%

Explanation CP = 10 × 120 = 1200 SP = 10 × 126 = 1260 Profit = 1260 - 1200 = 60 Profit% = (60/1200) × 100 = 5% Last verified on 13-03-2026

139. By selling a fan for Rs. 475, a person losses 5% to get a gain of 5%, he should sell the fan for?

Check answer and explanation

Answer: Rs.525

Explanation S.P. = Rs. 475, Loss = 5% C.P. = 100/100 - 5 x 475 = Rs. 500 In the second case, gain = 5% S.P. = 100 + 5/100 x 500 = 525 *****

140. If 5 apple cost Rs 75 what will be the cost of 8 apples?

Check answer and explanation

Answer: 120

Explanation Step 1: Find the cost of 1 apple 75/5 ​ = 15 Cost of 1 apple = Rs. 15 Step 2: Find the cost of 8 apples 8 × 15 = 120

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