Profit, Loss and Discount

Formula to find profit % is :

• $\frac{SP-CP}{SP}×100\%$

• $\frac{SP-CP}{CP}×100\%$

• $\frac{CP-SP}{CP}×100\%$

• None

If an article was sold by gaining Rs. 800 for Rs. 2700, at what price it was bought?

(a)  

Ramesh bought a pen drive for Rs. 500 and sold it for Rs. 560. What his profit percent?

• 12%

• 10%

• 8%

• 15%

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

By selling a table for Rs. 244 a shopkeeper makes a loss of Rs.36, at what price should it be sold it to gain Rs.50?

(a)  

Binod bought a TV at Rs. 20000. What was his selling price, if he sold the TV at a loss of 2.5%?

• Rs. 18500

• Rs. 19500

• Rs. 20500

• Rs. 18000

A shopkeeper sold an article at a loss ot 10%. Had it been sold for Rs.60 more, there would have profit of 10%, what is the cost price of the article?

• Rs.500

• Rs.400

• Rs.300

• Rs.200

A man bought 2 dozen of copies for Rs.288 and sold at Rs. 15 each. What is his profit amount?

• Rs. 180

• Rs.360

• Rs.400

• Rs. 720

Neelam bought a second hand mobile set for Rs. 8000 and spent Rs. 2000 for repairing. If it was sold at Rs. 16000. What is her profit or loss %?

• 60% Profit

• 50% Profit

• 50% Loss

• 20% Loss

What is the profit percent when 8 pens are sold at the cost price of 10 pens?

• 20%

• 10%

• 25%

• 50%

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

If 6 lemons are bought for Rs. 5 and sold 5 for Rs.6, what is the profit percent?

• 35%

• 48%

• 44%

• 50%

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

CCSS.7.EE.B.3