ISSB - Pak Army Officer Selection Mathematics Profit & Loss — Set 3

Profit & Loss MCQs set 3 for ISSB - Pak Army Officer Selection Mathematics — 20 solved questions.

ISSB - Pak Army Officer Selection Mathematics Profit & Loss — Set 3

  1. Question 1

    Q1. Article sold at double CP. Profit percent?

    • A) 50%
    • B) 100%
    • C) 150%
    • D) 200%

    Answer: 100%

    Explanation: Profit equals CP on CP so profit percent is 100 percent. Work each step carefully; ISSB math rewards accuracy under time pressure.

  2. Question 2

    Q2. If SP equals CP, profit percent?

    • A) 0%
    • B) 10%
    • C) 50%
    • D) 100%

    Answer: 0%

    Explanation: No gain or loss means zero percent profit. Work each step carefully; ISSB math rewards accuracy under time pressure.

  3. Question 3

    Q3. A buys at 400 sells at 520. Profit percent?

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

    Answer: 30%

    Explanation: Profit 120 on 400 is 120/400 times 100 equals 30 percent. Work each step carefully; ISSB math rewards accuracy under time pressure.

  4. Question 4

    Q4. CP 600, profit 25%. Selling price?

    • A) 650
    • B) 700
    • C) 750
    • D) 720

    Answer: 750

    Explanation: Profit is 150 so selling price is 600 plus 150 equals 750.

  5. Question 5

    Q5. CP 1200, SP 1080. Loss percent?

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

    Answer: 10%

    Explanation: Loss is 120 on 1200 so percentage is 120/1200 times 100 equals 10%.

  6. Question 6

    Q6. Marked price 800, discount 12.5%. SP?

    • A) 680
    • B) 690
    • C) 700
    • D) 720

    Answer: 700

    Explanation: Discount is 100 so selling price is 800 minus 100 equals 700.

  7. Question 7

    Q7. Successive discount 20% then 10% on 1000?

    • A) 700
    • B) 720
    • C) 750
    • D) 800

    Answer: 720

    Explanation: After 20% SP is 800, then 10% off gives 720. Work each step carefully; ISSB math rewards accuracy under time pressure.

  8. Question 8

    Q8. CP 1500, gain 20%. SP?

    • A) 1650
    • B) 1700
    • C) 1750
    • D) 1800

    Answer: 1800

    Explanation: Gain is 300 so selling price is 1500 plus 300 equals 1800.

  9. Question 9

    Q9. Article sold at 15% loss on CP 800. SP?

    • A) 640
    • B) 660
    • C) 680
    • D) 700

    Answer: 680

    Explanation: Loss 120 so selling price is 800 minus 120 equals 680. Work each step carefully; ISSB math rewards accuracy under time pressure.

  10. Question 10

    Q10. CP 2400, SP 2760. Profit percent?

    • A) 12%
    • B) 14%
    • C) 15%
    • D) 16%

    Answer: 15%

    Explanation: Profit 360 on 2400 is 360/2400 times 100 equals 15%. Work each step carefully; ISSB math rewards accuracy under time pressure.

  11. Question 11

    Q11. MP 2000, two successive discounts 10% and 5%. Final price?

    • A) 1680
    • B) 1700
    • C) 1710
    • D) 1720

    Answer: 1710

    Explanation: After 10% SP 1800, then 5% off gives 1710. Work each step carefully; ISSB math rewards accuracy under time pressure.

  12. Question 12

    Q12. CP 960, sold at 20% above CP. SP?

    • A) 1100
    • B) 1120
    • C) 1152
    • D) 1200

    Answer: 1152

    Explanation: Twenty percent of 960 is 192 so SP is 1152. Work each step carefully; ISSB math rewards accuracy under time pressure.

  13. Question 13

    Q13. Shopkeeper gives 10% discount on MP 500 and still gains 12.5% on CP. CP?

    • A) 360
    • B) 380
    • C) 400
    • D) 420

    Answer: 400

    Explanation: SP is 450. CP is 450 divided by 1.125 equals 400. Work each step carefully; ISSB math rewards accuracy under time pressure.

  14. Question 14

    Q14. CP of 20 articles equals SP of 16. Profit percent?

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

    Answer: 25%

    Explanation: Profit 4 on cost of 16 per unit batch gives 25 percent.

  15. Question 15

    Q15. Sold at 10% profit for 1100. CP?

    • A) 950
    • B) 990
    • C) 1000
    • D) 1050

    Answer: 1000

    Explanation: 1100 is 110 percent of CP so CP is 1000. Apply the same method to similar ISSB quantitative items.

  16. Question 16

    Q16. CP 800, profit 20%. Selling price?

    • A) 920
    • B) 940
    • C) 960
    • D) 980

    Answer: 960

    Explanation: Profit is 160 so selling price is 800 plus 160 equals 960.

  17. Question 17

    Q17. CP 900, SP 810. Loss percent?

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

    Answer: 10%

    Explanation: Loss is 90 on 900 so percentage is 90/900 times 100 equals 10%.

  18. Question 18

    Q18. Marked price 600, discount 15%. SP?

    • A) 480
    • B) 490
    • C) 510
    • D) 520

    Answer: 510

    Explanation: Discount is 90 so selling price is 600 minus 90 equals 510.

  19. Question 19

    Q19. Successive discount 10% then 20% on 500?

    • A) 340
    • B) 350
    • C) 360
    • D) 380

    Answer: 360

    Explanation: After 10% SP is 450, then 20% off gives 360. Apply the same method to similar ISSB quantitative items.

  20. Question 20

    Q20. CP 2000, gain 10%. SP?

    • A) 2100
    • B) 2150
    • C) 2200
    • D) 2250

    Answer: 2200

    Explanation: Gain is 200 so selling price is 2000 plus 200 equals 2200.