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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41. Farah purchased a camera for $30 and sells it at a 30% profit. Farah sells the camera in _____?

Check answer and explanation

Answer: $39

Explanation Cost price = $30 Profit % = 30% Profit = 30% of 30 = 0.3 × 30 = $9 Selling price = Cost price + Profit = 30 + 9 = $39 Last verified on 07-02-2026

42. Naeem sold a computer for Rs 25000 at which he suffered 20percent loss. Find the purchase price of the computer.

Check answer and explanation

Answer: 31250

Explanation To find the purchase price, use the formula: Selling Price = Purchase Price × (1 - Loss%) Given: Selling Price = Rs. 25,000 Loss = 20% → (1 - 0.20) = 0.80 Now, 25,000 = Purchase Price × 0.80 Purchase Price = 25,000 ÷ 0.80 = Rs. 31,250

43. If the cost of 5 pens is 125 rupees then find the cost of one pen?

Check answer and explanation

Answer: 25 rupees

Explanation To find the cost of one pen, divide the total cost by the number of pens: Cost of one pen = Total cost /Number of pens Given: Total cost for 5 pens = 125 rupees Number of pens = 5 Cost of one pen = 125rupees / 5 Cost of one pen = 25rupees So, the cost of one pen is 25 rupees.

44. An article is purchased for Rs. 450 and sold for Rs. 495. Find the gain percent.

Check answer and explanation

Answer: 10%

Explanation Given that: C.P=450 & S.P=495 When S.P is greater than C.P, we get Profit Profit=S.P-C.P Profit=495-450 Profit = 45 Now, Gain% = [100*Gain]/C.P = [100*45]/450 = 10% *** ND11-12-2022

45. At a general store, milk costs 30 cents per ounce, Sumaira buys milk and end up paying $3.60. How many ounces did she buy?

Check answer and explanation

Answer: 12

Explanation Cost per ounce = 30 cents = 0.30 Total cost =3.60 Number of ounces = Total cost / Cost per ounce = 3.60 / 0.30 = 12 ounces

46. Rohan bought bike for Rs. 75000. He wants to sell it by making 20% profit. The selling price of bike is ______?

Check answer and explanation

Answer: Rs. 90000

Explanation Cost Price = Rs. 75000 Profit % = 20% Profit = 20% of 75000 = 0.2 × 75000 = Rs. 15000 Selling Price = CP + Profit = 75000 + 15000 = Rs. 90000 Last verified on 12-03-2026

47. A trader sells an article at a 10% loss. Later, he increases the selling price by 15%, making it Rs 54. What was the original cost price of the article?

Check answer and explanation

Answer: 52.17

Explanation Step 1: Define CP Let the cost price be x . Step 2: Selling price with 10% loss That means: Initial SP = x − 10% of x = x − 0.10 x = 0.90 x Step 3: Sale time price increases by 15% This new selling price is: New SP = 0.90 x + 15% of 0.90 x = 0.90 x + 0.135 x = 1.035 x We are told that this equals 54: 1.035x = 54 1.035 x = 54 Step 4: Solve for x x = 54 ​/ 1.035 ≈ 52.17

48. A boy sold his bicycle for $2400 and earned 20% profit. What was the original price (the price without the profit) of the bicycle?

Check answer and explanation

Answer: 2000

Explanation

49. If the selling price is calculated at a 2% profit, and the cost price is 100, what is the selling price?

Check answer and explanation

Answer: 102

Explanation Given: - Cost Price (CP) = 100 - Profit Formula: - Selling Price (SP) = CP × (1 + profit/100) Steps: 1. Profit amount = (2/100) × 100 = 2 2. Selling Price = CP + Profit = 100 + 2 = 102

50. If the cost price of a TV set is Rs. 10,000 and profit is Rs. 1500 then what will be selling price for the TV set?

Check answer and explanation

Answer: 11500

Explanation Given the cost price (CP) of the TV set is Rs. 10,000 and the profit is Rs. 1,500: Step 1: Calculate the selling price (SP). SP = CP + Profit = 10,000 + 1,500 = 11,500

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