Percentages, Profit and Loss MCQs – Page 2

Solved Percentages, Profit and Loss MCQs with step-by-step solutions: percentage change, discounts, cost and selling price for PPSC, FPSC and NTS tests.

1. 21

   35% written as a decimal is:

   A3.5B0.04C0.35D35

   Correct answer: C. 0.35

   Divide by 100: 35 ÷ 100 = 0.35.

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2. 22

   A trader marks his goods 25% above the cost price of Rs. 400 and then gives a 10% discount. What is the selling price?

   ARs. 450BRs. 460CRs. 410DRs. 500

   Correct answer: A. Rs. 450

   Marked price = 400 × 1.25 = 500. After 10% discount: 500 × 0.9 = Rs. 450.

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3. 23

   What is 15% of 60?

   A12B9C15D6

   Correct answer: B. 9

   15% of 60 = 0.15 × 60 = 9.

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4. 24

   A car worth Rs. 45,000 loses 6% of its value. How much value does it lose?

   ARs. 2,500BRs. 2,600CRs. 3,000DRs. 2,700

   Correct answer: D. Rs. 2,700

   6% of 45,000 = 0.06 × 45,000 = Rs. 2,700.

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5. 25

   If the price of sugar rises by 25%, by what percent must a family reduce consumption to keep spending the same?

   A20%B15%C30%D25%

   Correct answer: A. 20%

   New price = 125% of old. To keep spending same, consumption must be 100/125 = 80% of old, i.e. a 20% reduction.

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