ISSB - Pak Army Officer Selection Mathematics Profit & Loss — Set 2

Profit & Loss MCQs set 2 for ISSB - Pak Army Officer Selection Mathematics — 20 solved questions.

ISSB - Pak Army Officer Selection Mathematics Profit & Loss — Set 2

  1. Question 1

    Q1. Cost Rs 800, profit 15%. Selling price is:

    • A) Rs 880
    • B) Rs 920
    • C) Rs 900
    • D) Rs 850

    Answer: Rs 920

    Explanation: Fifteen percent of 800 is 120. Selling price is 800 plus 120, which is 920.

  2. Question 2

    Q2. MP Rs 1000, discount 20%. SP is:

    • A) Rs 700
    • B) Rs 800
    • C) Rs 900
    • D) Rs 850

    Answer: Rs 800

    Explanation: Twenty percent of 1000 is 200. Selling price is 1000 minus 200, which is 800.

  3. Question 3

    Q3. Loss 20% on cost 500. SP is:

    • A) Rs 350
    • B) Rs 400
    • C) Rs 450
    • D) Rs 380

    Answer: Rs 400

    Explanation: Twenty percent of 500 is 100. Selling price is 500 minus 100, which is 400.

  4. Question 4

    Q4. CP 250, profit 20%. SP is:

    • A) Rs 280
    • B) Rs 300
    • C) Rs 320
    • D) Rs 350

    Answer: Rs 300

    Explanation: Twenty percent of 250 is 50. Selling price is 250 plus 50, which is 300.

  5. Question 5

    Q5. SP 480, profit 20%. CP is:

    • A) Rs 380
    • B) Rs 400
    • C) Rs 420
    • D) Rs 440

    Answer: Rs 400

    Explanation: SP is 120 percent of CP. CP is 480 times 100 over 120, which is 400.

  6. Question 6

    Q6. CP Rs 200, SP Rs 240. Profit percent:

    • A) 15%
    • B) 20%
    • C) 25%
    • D) 30%

    Answer: 20%

    Explanation: Profit is 40 on 200. Profit percent is 40/200 times 100, which is 20%.

  7. Question 7

    Q7. MP 400, discount 25%. SP:

    • A) Rs 280
    • B) Rs 300
    • C) Rs 320
    • D) Rs 350

    Answer: Rs 300

    Explanation: Twenty-five percent of 400 is 100. Selling price is 400 minus 100, which is 300.

  8. Question 8

    Q8. Loss 25% on CP 400. SP:

    • A) Rs 280
    • B) Rs 300
    • C) Rs 320
    • D) Rs 350

    Answer: Rs 300

    Explanation: Twenty-five percent of 400 is 100. Selling price is 400 minus 100, which is 300.

  9. Question 9

    Q9. SP 600, profit 25%. CP:

    • A) Rs 450
    • B) Rs 480
    • C) Rs 500
    • D) Rs 520

    Answer: Rs 480

    Explanation: SP is 125% of CP. CP is 600 times 100 over 125, which is 480.

  10. Question 10

    Q10. Marked 250, two successive 10% discounts. SP:

    • A) Rs 200
    • B) Rs 202.5
    • C) Rs 205
    • D) Rs 210

    Answer: Rs 202.5

    Explanation: After first discount 225. After second 225 times 0.9 equals 202.5. Work each step carefully; ISSB math rewards accuracy under time pressure.

  11. Question 11

    Q11. CP 120, SP 150. Profit percent:

    • A) 20%
    • B) 25%
    • C) 30%
    • D) 35%

    Answer: 25%

    Explanation: Profit is 30 on 120. Profit percent is 25%. Work each step carefully; ISSB math rewards accuracy under time pressure.

  12. Question 12

    Q12. A item costs 500 and is sold at 20% profit. Selling price?

    • A) 520
    • B) 550
    • C) 600
    • D) 580

    Answer: 600

    Explanation: Profit is 100 so selling price is 500 plus 100 equals 600.

  13. Question 13

    Q13. Cost price 400, loss 10%. Selling price?

    • A) 360
    • B) 380
    • C) 390
    • D) 440

    Answer: 360

    Explanation: Ten percent loss on 400 is 40 so SP is 400 minus 40 equals 360.

  14. Question 14

    Q14. A shopkeeper buys at 250 and sells at 300. Profit %?

    • A) 15%
    • B) 20%
    • C) 25%
    • D) 30%

    Answer: 20%

    Explanation: Profit is 50 on cost 250 so percentage is 50/250 times 100 equals 20%.

  15. Question 15

    Q15. CP 800, SP 720. Loss percent?

    • A) 8%
    • B) 10%
    • C) 12%
    • D) 15%

    Answer: 10%

    Explanation: Loss 80 on 800 is 80/800 times 100 equals 10 percent. Work each step carefully; ISSB math rewards accuracy under time pressure.

  16. Question 16

    Q16. Successive discount 10% then 10% on 1000 equals?

    • A) 800
    • B) 810
    • C) 820
    • D) 900

    Answer: 810

    Explanation: After first discount 900, second ten percent leaves 810. Work each step carefully; ISSB math rewards accuracy under time pressure.

  17. Question 17

    Q17. Marked price 1000, discount 15%, then 5% tax on SP. Final price?

    • A) 807.50
    • B) 850
    • C) 892.50
    • D) 900

    Answer: 892.50

    Explanation: After 15 percent discount SP is 850. Five percent tax on 850 gives final 892.50.

  18. Question 18

    Q18. CP 200, profit 25%. SP?

    • A) 220
    • B) 240
    • C) 250
    • D) 260

    Answer: 250

    Explanation: Twenty five percent profit on 200 is 50 so SP is 250.

  19. Question 19

    Q19. SP 450, loss 10%. CP?

    • A) 480
    • B) 500
    • C) 520
    • D) 550

    Answer: 500

    Explanation: SP is 90 percent of CP so CP equals 450 divided by 0.9 equals 500.

  20. Question 20

    Q20. Successive profit 10% then 10% on 1000?

    • A) 1210
    • B) 1200
    • C) 1100
    • D) 1220

    Answer: 1210

    Explanation: After first profit 1100, second ten percent gives 1210. Work each step carefully; ISSB math rewards accuracy under time pressure.