Cadet Colleges Test 2026 Financial Mathematics Free Quiz 1

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Cadet Colleges Test 2026 Financial Mathematics Free Quiz 1

Cadet Colleges Test Quiz

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Remaining: 10

Navigator 10 Q

General

General 10 MCQs

1. What is the formula to calculate Profit?

A. Selling Price - Cost Price B. Cost Price - Selling Price C. Selling Price + Cost Price D. Selling Price / Cost Price

2. What is the formula to calculate Loss?

A. Selling Price - Cost Price B. Cost Price + Selling Price C. Cost Price - Selling Price D. Cost Price / Selling Price

3. Profit or loss percentage is always calculated on which price?

A. Selling Price B. Cost Price C. Market Price D. Discount

4. Discount is equal to ____.

A. Cost Price - Selling Price B. Selling Price - Marked Price C. Cost Price - Marked Price D. Marked Price - Selling Price

5. The formula for Simple Interest (I) is ____.

A. (P * R * T) / 100 B. (P * R) / T C. (P * T) / R D. P * R * T

6. If an item is bought for 100 rupees and sold for 120 rupees, what is the profit?

A. 10 B. 15 C. 20 D. 25

7. What is the standard rate of Zakat on wealth/assets?

A. 5% B. 2.5% C. 10% D. 20%

8. What is the rate of Ushr on agricultural produce from naturally irrigated land?

A. 2.5% B. 5% C. 7.5% D. 10%

9. What is the rate of Ushr on land irrigated by artificial resources?

A. 5% B. 10% C. 2.5% D. 15%

10. A shirt bought for 500 rupees is sold for 450 rupees. Find the loss.

A. 25 B. 40 C. 50 D. 60

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