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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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271
A man bought a horse and a carriage for Rs. 3000. He sold the horse at a gain of 20% and the carriage at a loss of 10%, thereby gaining 2% on the whole. Find the cost of the horse.
272
A dishonest milkman professes to sell his milk at cost price but he mixes it with water and thereby gains 25%. The percentage of water in the mixture is:
273
A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of another variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:
274
The marked price of a shirt is Rs. 1500. After two successive discounts of 20% and 10%, what will be the selling price?
275
A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 1500 for it, what did A pay for it?
276
If an article is sold at a 10% discount, a profit of 20% is made. If the discount is 20%, what will be the profit percentage?
277
A merchant marks his goods up by 40% and then offers a 20% discount. Find his profit percentage.
278
A shopkeeper sells an article at a loss of 12.5%. Had he sold it for Rs. 51.80 more, he would have earned a profit of 6%. The cost price of the article is:
279
Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. The gain percent is:
280
A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?