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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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261
Find the single discount equivalent to a series discount of 20%, 10% and 5%.
262
An article is sold at a certain price. By selling it at 2/3 of that price one loses 10%. Find the gain percent at original price.
263
A trader marks his goods at 20% above the cost price. If he allows a discount of 5% on marked price, what profit percent does he make?
264
The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%.
265
By selling an article at 2/3 of the marked price, there is a loss of 10%. The profit percent when the article is sold at the marked price is:
266
A shopkeeper cheats to the extent of 10% while buying and 10% while selling by using false weights. His total gain is:
267
A sells an article to B making a profit of 1/5 of his outlay. B sells it to C, gaining 20%. If C sells it for Rs. 600 and incurs a loss of 1/6 of his outlay, the cost price for A is:
268
If a man reduces the selling price of a fan from Rs. 400 to Rs. 380, his loss increases by 2%. The cost price of the fan is:
269
By selling 100 notebooks, a shopkeeper gains the selling price of 20 notebooks. Find his gain percent.
270
An article passing through two hands is sold at a profit of 38% at the original cost price. If the first dealer makes a profit of 20%, then the profit percent made by the second dealer is: