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Profit and Loss MCQs for Competitive Exams

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Profit and Loss MCQs for Competitive Exams

Practice with answers, explanations, and exam-focused revision notes.

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

Profit and Loss MCQs in Mathematics-General Ability are useful for candidates who need targeted practice for CSS, PMS, FPSC, PPSC, NTS, entry tests, and other competitive exams in Pakistan. This topic page is designed for quick revision, repeated practice, and exam-focused preparation.

Attempt the questions page by page, check the correct answers, read the explanations where available, and compare your weak areas with past papers and mock test performance. Consistent MCQ practice improves speed, confidence, and retention for objective exam sections.

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