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.

81. I bought a watch in 60 Rupees, what will be its selling price if I sell it again at 20% extra rate?

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Answer: 72

Explanation Cost Price (CP) = ₹60 Profit = 20% Selling Price (SP) = CP × (1 + Profit%) SP = ₹60 × (1 + 20/100) SP = ₹60 × 1.20 = ₹72

82. Find the Simple Interest when P = 2000, R = 10%, and T = 3 years?

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Answer: 600

Explanation SI = P × R × T/100 = 2000 × 10 × 3/100 = 600

83. A telephone company charges initially Rs.0.50 and then Rs. 0.11 for every minute. Write an expression that gives the cost of a call that lasts N minutes.

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Answer: see the complete question and answer in detial

Explanation Question: A telephone company charges initially Rs.0.50 and then Rs. 0.11 for every minute. Write an expression that gives the cost of a call that lasts N minutes. (5 marks) I apple - 2 Rs 8 apples = 2x8 = 16 Rs Initial charges = Rs 0.5- Next every min charge = RS0.11 Rs No. minutes charges = Nx0.1 =0.11N.R Total charge = (0.50 +0.11N) Rs

84. 14 dozen eggs cost Rs.100. If another 48 eggs are bought at Rs.12 per dozen, what is the total cost?

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Answer: Rs.148

Explanation - 14 dozen eggs = Rs.100 - 48 eggs = 4 dozen → 4 × 12 = Rs.48 - Total = Rs.100 + Rs.48 = Rs.148 Last updated 14-feb-2026

85. Akbar, sold his old gun Rs. 900, which he was bought for Rs. 2500. What is his % loss?

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Answer: 64%

Explanation The CP of the gun = Rs. 2500 The SP of the gun = Rs. 900 The loss is = CP - SP = Rs. ( 2500 - 900 ) = Rs. 1600 Hence, the loss incurred by Akbar is 64 %.

86. A and B start a business with Rs.6000 and Rs.8000 respectively. Hoe should they share their profits at the end of one year?

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Answer: 3:4

Explanation A and B have invested Rs. 6000 and Rs. 8000 respectively, which means their capital ratio is: A : B = 6000 : 8000 = 3 : 4 Since they are sharing the profits at the end of the year, it is assumed that they are sharing the profits in the ratio of their investments. Therefore, the profit-sharing ratio should also be 3:4. So, if the total profit is x, A should get 3x/7 and B should get 4x/7.

87. Four boys shared a certain amount of money.The first received 1/6 of it, the second 1/8, and the third got 1/2. If the fourth received 55, how much was the total money?

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Answer: 264

Explanation Let total money be X According to the question, we have the equation: x/6 + x/8 + x/2 + 55 = x Multiply through by 24 to eliminate the fractions, we get: 4x + 3x + 12x + 1320 = 24x 19x + 1230 = 24x Subtracting 19x from both sides. we have: 1320 = 5x Dividing both sides by 5, we get: x = 264

88. if three person divides 129,000 with the ratio of 2:3:7. what is the largest profit share?

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Answer: Rs. 75,250

Explanation Total parts = 2 + 3 + 7 = 12 Each part = 129,000 ÷ 12 = 10,750 Largest share = 10,750 × 7 = 75,250

89. A fruit seller purchases oranges at the rate of 3 for Rs. 5 and sells them at 2 for Rs. 4. His profit in the transaction is _____?

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Answer: 20%

Explanation Cost price of 3 oranges = Rs. 5 Cost price of 1 orange = Rs. 5/3 Selling price of 2 oranges = Rs. 4 Selling price of 1 orange = Rs. 4/2 = Rs. 2 Profit per orange = Selling price - Cost price = 2 - 5/3 = (6 - 5)/3 = 1/3 Profit percentage = (Profit/Cost price) × 100% = (1/3) / (5/3) × 100% = 1/5 × 100% = 20% Last verified on 10-03-2026

90. Aftab bought 65 books for Rs.1150 from one shop and 50 books for Rs.920 from another. What is the average price he paid per book?

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Answer: Rs. 18

Explanation Total books = 65 + 50 = 115 Total cost = 1150 + 920 = Rs. 2070 Average price per book = 2070 ÷ 115 = Rs. 18

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