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Asked in PPSC, FPSC and other one-paper exams (compiled from unofficial resources).

Financial MathematicsProfit, Loss, and Discount

Chand bought a shirt for Rs. 250 and sold it for Rs. 295. Find the profit.

  1. A.Rs. 50
  2. B.Rs. 55
  3. C.Rs. 35
  4. D.Rs. 45Correct answer

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Quick fact: The profit is Rs. 45, found by subtracting the cost price from the selling price: $295 - 250 = 45$.

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