profit and loss class 7

When SP and loss is given, then CP =

When SP and profit are given, then CP =

• SP - profit

• CP - profit

• SP + profit

• CP + profit

If CP = Rs. 200 and Profit% = 10%, then Profit is :

• Rs. 30

• Rs. 25

• Rs. 20

• Rs. 15

Suppose, a shopkeeper buys an article for Rs.60 and sells it for Rs. 70. What is his profit?

• Rs. 70

• Rs. 60

• Rs. 50

• Rs. 10

If CP = Rs.2400 and SP = Rs. 2592, then Gain % =

• 5%

• 8%

• 10%

• 12%

Sudhir bought an almirah for Rs. 13600 and spent Rs. 400 on its transportation. He sold it for Rs. 16,800. What is the CP of Sudhir?

A vendor buys lemons at Rs.25 per dozen. What is the CP of all lemons?

• Rs. 250

• Rs. 300

• Rs. 350

• Rs. 400

The formula to find Profit is:

• SP - CP

• CP - SP

Which one should be greater , CP or SP to make profit?

• CP

• SP

If CP = Rs. 120 and loss = Rs. 10, SP =

• Rs. 130

• Rs. 110

• Rs. 120

• Rs.135