Profit & Loss – 100 MCQs

Quick Formula Box (Reference)

• Profit = S.P. − C.P.   |   Loss = C.P. − S.P.
• Profit % = (Profit / C.P.) × 100   |   Loss % = (Loss / C.P.) × 100
• S.P. at profit p% = C.P. × (1 + p/100)   |   S.P. at loss l% = C.P. × (1 − l/100)
• Discount % = (Discount / M.P.) × 100, where Discount = M.P. − S.P.
• Successive discount shortcut: net discount = x + y − (xy/100)
• If CP of n articles = SP of m articles ⇒ Profit% = ((n−m)/m)×100

Note: Many questions below are generated from your list. A few of your MCQs contain option mismatches in the source text (common in drafts), but answers are computed correctly using standard Profit/Loss rules.