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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297 MCQs Page 30

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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291
If the cost price of 20 tables is equal to the selling price of 25 tables, what is the loss percentage?
292
The cost price of 15 articles is equal to the selling price of 12 articles. Find the profit percentage.
293
If selling an item for Rs. 630 results in a loss of 10%, what is the cost price of the item?
294
An article is bought for Rs. 800. At what price should it be sold to gain 15%?
295
By selling a watch for Rs. 1440, a man earns a profit of 20%. What was the cost price of the watch?
296
A man purchased a bicycle for Rs. 1200 and sold it for Rs. 900. Find his loss percentage.
297
A shopkeeper buys an article for Rs. 500 and sells it for Rs. 600. What is his profit percentage?