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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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241
If an article is sold at 5% gain instead of 5% loss, the man gains Rs. 5 more. Find the cost price of the article.
242
By selling 45 lemons for Rs. 40, a man loses 20%. How many should he sell for Rs. 24 to gain 20% in the transaction?
243
A trader mixes two varieties of tea costing Rs. 35 and Rs. 45 per kg in the ratio 3:2. If he sells the mixed variety at Rs. 40.56 per kg, his gain percent is:
244
A trader mixes two varieties of tea costing Rs. 35 and Rs. 45 per kg in the ratio 3:2. If he sells the mixed variety at Rs. 41.60 per kg, his gain percent is:
245
A merchant marks his goods such that he can make a 32% profit after allowing a 12% discount. By what percent does he mark up his goods?
246
An article is sold at a loss of 10%. Had it been sold for Rs. 90 more, there would have been a gain of 5%. The original sale price of the article is:
247
A dishonest dealer marks up his goods by 20% and then gives a discount of 10%. Additionally, he uses a faulty balance which reads 1 kg for 900 grams. His net profit percentage is:
248
A TV is purchased at Rs. 5000 and sold at Rs. 4000. Find the lost percent.
249
Successive discounts of 10%, 12%, and 15% amount to a single discount of:
250
If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is: