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Profit and Loss MCQs for Competitive Exams

Prepare for Profit and Loss MCQs for Competitive Exams with verified questions, past-paper solutions, and conceptual explanations for CSS, PMS, FPSC, PPSC, and NTS examinations.

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Topic Notes: Profit and Loss

These notes summarize the key preparation context before you attempt the MCQs. Review the topic focus, then practice the questions below with answers and explanations.

Quick Overview

Master Profit and Loss MCQs for Competitive Exams with our comprehensive, verified question bank. Designed for students and competitive exam aspirants across Pakistan, this study resource provides topic-wise practice questions for CSS, PMS, FPSC, PPSC, SPSC, KPPSC, BPSC, NTS, and university entry tests.

Exam Focus
Aligned with FPSC, PPSC, and CSS syllabus criteria for Profit and Loss.
Past Papers
Includes frequently repeated questions from past examinations.
Solved & Verified
Each question features verified answers and conceptual explanations.

Preparation Guide & Key Focus Areas for Profit and Loss MCQs

When preparing for Profit and Loss MCQs (Mathematics-General Ability), focus on core definitions, historical timelines, relevant provisions, and commonly tested factual points. Review each question below, test your knowledge against the given options, and inspect the detailed explanation to solidify your understanding.

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231
An article is marked at Rs. 10,000. A shopkeeper offers 3 successive discounts of 10%, 20% and 30%. What is the final selling price?
232
If the cost price is 25% of selling price, then what is the profit percent?
233
A sold an article to B at 10% profit. B sold it to C at 20% profit. C sold it to D at 25% profit. If D paid Rs. 3300, what did A pay for it?
234
A publisher prints 2000 copies of a book at a cost of Rs. 70,000. He distributes 400 copies free as specimens. He gives a 30% discount on the marked price and still makes a 20% profit. What is the marked price of each book?
235
A shopkeeper sold an article offering a discount of 5% and earned a profit of 23.5%. What would have been the percentage of profit earned if no discount was offered?
236
If goods be purchased for Rs. 450, and one-third is sold at a loss of 10%. At what gain percent should the remainder be sold so as to gain 20% on the whole transaction?
237
A shopkeeper allows a 10% discount on the marked price of an item and still gains 17%. If the marked price is Rs. 260, find the cost price of the item.
238
A person bought a machine and sold it at a 10% profit. If he had bought it for 20% less and sold it for Rs. 10 more, he would have gained 40%. The cost price of the machine was:
239
The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make a 25% profit?
240
A manufacturer offers a 20% discount on marked price but still makes a 20% profit. If the cost of manufacturing increases by 10%, what discount should he offer on the same marked price to maintain the same profit margin of 20%?