Class 7 Exam > Class 7 Notes > Mathematics (Maths) Class 7 > RS Aggarwal Solutions: Profit & Loss
RS Aggarwal Solutions: Profit & Loss | Mathematics (Maths) Class 7 PDF Download
| Download, print and study this document offline |
Please wait while the PDF view is loading
Page 1
Q u e s t i o n : 1
Find the SP when:
i
CP = Rs 950, gain = 6%
i i
CP = Rs 9600, gain = 16
2
3
%
i i i
CP = Rs 1540, loss = 4%
i v
CP = Rs 8640, loss = 12
1
2
%
S o l u t i o n :
i
CP = Rs. 950
Gain = 6%
SP =
(100 + Gain%)
100
× CP =
(100 + 6)
100
× 950 =
106
100
× 950 =
100700
100
= Rs. 1007
i i
CP = Rs. 9600
Gain = 16
2
3
% =
50
3
%
SP =
(100 + Gain%)
100
× CP =
100 +
50
3
100
× 9600 =
350
300
×9600 =
3360
3
= Rs. 11200
i i i
CP = Rs. 1540
Loss = 4%
SP =
(100 - Loss%)
100
× CP =
(100 - 4)
100
× 1540 =
96
100
× 1540 =
147840
100
= Rs. 1478. 40
i v
CP = Rs. 8640
Loss = 12
1
2
% =
25
2
%
{ } { }
{ } {
( )
}
{ } { }
{ } { }
Page 2
Q u e s t i o n : 1
Find the SP when:
i
CP = Rs 950, gain = 6%
i i
CP = Rs 9600, gain = 16
2
3
%
i i i
CP = Rs 1540, loss = 4%
i v
CP = Rs 8640, loss = 12
1
2
%
S o l u t i o n :
i
CP = Rs. 950
Gain = 6%
SP =
(100 + Gain%)
100
× CP =
(100 + 6)
100
× 950 =
106
100
× 950 =
100700
100
= Rs. 1007
i i
CP = Rs. 9600
Gain = 16
2
3
% =
50
3
%
SP =
(100 + Gain%)
100
× CP =
100 +
50
3
100
× 9600 =
350
300
×9600 =
3360
3
= Rs. 11200
i i i
CP = Rs. 1540
Loss = 4%
SP =
(100 - Loss%)
100
× CP =
(100 - 4)
100
× 1540 =
96
100
× 1540 =
147840
100
= Rs. 1478. 40
i v
CP = Rs. 8640
Loss = 12
1
2
% =
25
2
%
{ } { }
{ } {
( )
}
{ } { }
{ } { }
SP =
(100 - Loss%)
100
× CP =
100 -
25
2
100
× 8640 =
175
200
× 8640 =
1512000
200
= Rs. 7560
Q u e s t i o n : 2
Find the gain or loss per cent when:
i
CP = Rs 2400 and SP = Rs 2592
i i
CP = Rs 1650 and SP = Rs 1452
i i i
CP = Rs 12000 and SP = Rs 12800
i v
CP = Rs 1800 and SP = Rs 1611
S o l u t i o n :
i
CP = Rs. 2400
SP = Rs. 2592
Gain = SP - CP = Rs. 2592 -2400
= Rs. 192
Gain% =
Gain
CP
× 100
=
192
2400
× 100
= 8
i i
CP = Rs. 1650
SP = Rs. 1452
Loss = CP - SP = 1650 -1452
= Rs. 198
Loss% =
Loss
CP
× 100
=
198
1650
× 100 = 12
i i i
CP = Rs. 12000 and SP = Rs. 12800
Gain = SP - CP = 12800 -12000
= Rs. 800
Gain% =
Gain
CP
× 100 =
800
12000
× 100 = 6. 66
{ } {
( )
}
( )
( )
( )
( )
( )
( )
Page 3
Q u e s t i o n : 1
Find the SP when:
i
CP = Rs 950, gain = 6%
i i
CP = Rs 9600, gain = 16
2
3
%
i i i
CP = Rs 1540, loss = 4%
i v
CP = Rs 8640, loss = 12
1
2
%
S o l u t i o n :
i
CP = Rs. 950
Gain = 6%
SP =
(100 + Gain%)
100
× CP =
(100 + 6)
100
× 950 =
106
100
× 950 =
100700
100
= Rs. 1007
i i
CP = Rs. 9600
Gain = 16
2
3
% =
50
3
%
SP =
(100 + Gain%)
100
× CP =
100 +
50
3
100
× 9600 =
350
300
×9600 =
3360
3
= Rs. 11200
i i i
CP = Rs. 1540
Loss = 4%
SP =
(100 - Loss%)
100
× CP =
(100 - 4)
100
× 1540 =
96
100
× 1540 =
147840
100
= Rs. 1478. 40
i v
CP = Rs. 8640
Loss = 12
1
2
% =
25
2
%
{ } { }
{ } {
( )
}
{ } { }
{ } { }
SP =
(100 - Loss%)
100
× CP =
100 -
25
2
100
× 8640 =
175
200
× 8640 =
1512000
200
= Rs. 7560
Q u e s t i o n : 2
Find the gain or loss per cent when:
i
CP = Rs 2400 and SP = Rs 2592
i i
CP = Rs 1650 and SP = Rs 1452
i i i
CP = Rs 12000 and SP = Rs 12800
i v
CP = Rs 1800 and SP = Rs 1611
S o l u t i o n :
i
CP = Rs. 2400
SP = Rs. 2592
Gain = SP - CP = Rs. 2592 -2400
= Rs. 192
Gain% =
Gain
CP
× 100
=
192
2400
× 100
= 8
i i
CP = Rs. 1650
SP = Rs. 1452
Loss = CP - SP = 1650 -1452
= Rs. 198
Loss% =
Loss
CP
× 100
=
198
1650
× 100 = 12
i i i
CP = Rs. 12000 and SP = Rs. 12800
Gain = SP - CP = 12800 -12000
= Rs. 800
Gain% =
Gain
CP
× 100 =
800
12000
× 100 = 6. 66
{ } {
( )
}
( )
( )
( )
( )
( )
( )
i v
CP = Rs. 1800
SP = Rs. 1611
Loss = CP - SP = 1800 -1611
= Rs. 189
Loss% =
Loss
CP
× 100 =
189
1800
× 100 = 10. 5
Q u e s t i o n : 3
Find the CP when:
i
SP = Rs 924, gain = 10%
i i
SP = Rs 1755, gain = 12
1
2
%
i i i
SP = Rs 8510, loss = 8%
i v
SP = Rs 5600, loss = 6
2
3
%
S o l u t i o n :
i
SP = Rs. 924
Gain = 10%
CP =
100
(100 + Gain%)
× SP
=
100
(100 + 10)
× 924 =
92400
110
= Rs. 840
i i
SP = Rs. 1755
Gain = 12
1
2
% =
25
2
%
CP =
100
(100 + Gain%)
× SP =
100
100 +
25
2
× 1755 =
200
225
× 1755 =
351000
225
= Rs. 1560
i i i
( )
( )
{ }
{ }
{ } {
( )
} { }
Page 4
Q u e s t i o n : 1
Find the SP when:
i
CP = Rs 950, gain = 6%
i i
CP = Rs 9600, gain = 16
2
3
%
i i i
CP = Rs 1540, loss = 4%
i v
CP = Rs 8640, loss = 12
1
2
%
S o l u t i o n :
i
CP = Rs. 950
Gain = 6%
SP =
(100 + Gain%)
100
× CP =
(100 + 6)
100
× 950 =
106
100
× 950 =
100700
100
= Rs. 1007
i i
CP = Rs. 9600
Gain = 16
2
3
% =
50
3
%
SP =
(100 + Gain%)
100
× CP =
100 +
50
3
100
× 9600 =
350
300
×9600 =
3360
3
= Rs. 11200
i i i
CP = Rs. 1540
Loss = 4%
SP =
(100 - Loss%)
100
× CP =
(100 - 4)
100
× 1540 =
96
100
× 1540 =
147840
100
= Rs. 1478. 40
i v
CP = Rs. 8640
Loss = 12
1
2
% =
25
2
%
{ } { }
{ } {
( )
}
{ } { }
{ } { }
SP =
(100 - Loss%)
100
× CP =
100 -
25
2
100
× 8640 =
175
200
× 8640 =
1512000
200
= Rs. 7560
Q u e s t i o n : 2
Find the gain or loss per cent when:
i
CP = Rs 2400 and SP = Rs 2592
i i
CP = Rs 1650 and SP = Rs 1452
i i i
CP = Rs 12000 and SP = Rs 12800
i v
CP = Rs 1800 and SP = Rs 1611
S o l u t i o n :
i
CP = Rs. 2400
SP = Rs. 2592
Gain = SP - CP = Rs. 2592 -2400
= Rs. 192
Gain% =
Gain
CP
× 100
=
192
2400
× 100
= 8
i i
CP = Rs. 1650
SP = Rs. 1452
Loss = CP - SP = 1650 -1452
= Rs. 198
Loss% =
Loss
CP
× 100
=
198
1650
× 100 = 12
i i i
CP = Rs. 12000 and SP = Rs. 12800
Gain = SP - CP = 12800 -12000
= Rs. 800
Gain% =
Gain
CP
× 100 =
800
12000
× 100 = 6. 66
{ } {
( )
}
( )
( )
( )
( )
( )
( )
i v
CP = Rs. 1800
SP = Rs. 1611
Loss = CP - SP = 1800 -1611
= Rs. 189
Loss% =
Loss
CP
× 100 =
189
1800
× 100 = 10. 5
Q u e s t i o n : 3
Find the CP when:
i
SP = Rs 924, gain = 10%
i i
SP = Rs 1755, gain = 12
1
2
%
i i i
SP = Rs 8510, loss = 8%
i v
SP = Rs 5600, loss = 6
2
3
%
S o l u t i o n :
i
SP = Rs. 924
Gain = 10%
CP =
100
(100 + Gain%)
× SP
=
100
(100 + 10)
× 924 =
92400
110
= Rs. 840
i i
SP = Rs. 1755
Gain = 12
1
2
% =
25
2
%
CP =
100
(100 + Gain%)
× SP =
100
100 +
25
2
× 1755 =
200
225
× 1755 =
351000
225
= Rs. 1560
i i i
( )
( )
{ }
{ }
{ } {
( )
} { }
SP = Rs. 8510
Loss = 8%
CP =
100
(100 - Loss%)
× SP =
100
(100 - 8 )
× 8510 =
851000
92
= Rs. 9250
i v
SP = Rs. 5600
Loss = 6
2
3
% =
20
3
%
CP =
100
(100 - Loss%)
× SP =
100
100 -
20
3
×5600 =
300
280
× 5600 =
168000
28
= Rs. 6000
Q u e s t i o n : 4
Sudhir bought an almirah for Rs 13600 and spent Rs 400 on its transportation. He sold it for Rs 16800. Find his gain
per cent.
S o l u t i o n :
Cost price of an almirah = Rs. 13600
Transportation cost = Rs. 400
Total cost price = Rs. 13600 +400
= Rs. 14000
Selling price = Rs. 16800
Now, SP > CP
Gain = SP - CP =
16800 -14000
= Rs. 2800
Gain % =
Gain
CP
× 100
%
=
2800
14000
× 100
%
=
2800
140
% = 20 %
Q u e s t i o n : 5
Ravi purchased an old house for Rs 765000 and spent Rs 115000 on its repairs. Then, he sold it at a gain of 5%.
How much did he get?
S o l u t i o n :
Cost price of the house = Rs. 765000
Cost of repairing the house = Rs. 115000
Total Cost price = 765000 +115000
= Rs. 880000
Ravi sold it at a gain of 5%.
{ } { }
{ } {
( )
} { }
( )
( )
{ } { }
Page 5
Q u e s t i o n : 1
Find the SP when:
i
CP = Rs 950, gain = 6%
i i
CP = Rs 9600, gain = 16
2
3
%
i i i
CP = Rs 1540, loss = 4%
i v
CP = Rs 8640, loss = 12
1
2
%
S o l u t i o n :
i
CP = Rs. 950
Gain = 6%
SP =
(100 + Gain%)
100
× CP =
(100 + 6)
100
× 950 =
106
100
× 950 =
100700
100
= Rs. 1007
i i
CP = Rs. 9600
Gain = 16
2
3
% =
50
3
%
SP =
(100 + Gain%)
100
× CP =
100 +
50
3
100
× 9600 =
350
300
×9600 =
3360
3
= Rs. 11200
i i i
CP = Rs. 1540
Loss = 4%
SP =
(100 - Loss%)
100
× CP =
(100 - 4)
100
× 1540 =
96
100
× 1540 =
147840
100
= Rs. 1478. 40
i v
CP = Rs. 8640
Loss = 12
1
2
% =
25
2
%
{ } { }
{ } {
( )
}
{ } { }
{ } { }
SP =
(100 - Loss%)
100
× CP =
100 -
25
2
100
× 8640 =
175
200
× 8640 =
1512000
200
= Rs. 7560
Q u e s t i o n : 2
Find the gain or loss per cent when:
i
CP = Rs 2400 and SP = Rs 2592
i i
CP = Rs 1650 and SP = Rs 1452
i i i
CP = Rs 12000 and SP = Rs 12800
i v
CP = Rs 1800 and SP = Rs 1611
S o l u t i o n :
i
CP = Rs. 2400
SP = Rs. 2592
Gain = SP - CP = Rs. 2592 -2400
= Rs. 192
Gain% =
Gain
CP
× 100
=
192
2400
× 100
= 8
i i
CP = Rs. 1650
SP = Rs. 1452
Loss = CP - SP = 1650 -1452
= Rs. 198
Loss% =
Loss
CP
× 100
=
198
1650
× 100 = 12
i i i
CP = Rs. 12000 and SP = Rs. 12800
Gain = SP - CP = 12800 -12000
= Rs. 800
Gain% =
Gain
CP
× 100 =
800
12000
× 100 = 6. 66
{ } {
( )
}
( )
( )
( )
( )
( )
( )
i v
CP = Rs. 1800
SP = Rs. 1611
Loss = CP - SP = 1800 -1611
= Rs. 189
Loss% =
Loss
CP
× 100 =
189
1800
× 100 = 10. 5
Q u e s t i o n : 3
Find the CP when:
i
SP = Rs 924, gain = 10%
i i
SP = Rs 1755, gain = 12
1
2
%
i i i
SP = Rs 8510, loss = 8%
i v
SP = Rs 5600, loss = 6
2
3
%
S o l u t i o n :
i
SP = Rs. 924
Gain = 10%
CP =
100
(100 + Gain%)
× SP
=
100
(100 + 10)
× 924 =
92400
110
= Rs. 840
i i
SP = Rs. 1755
Gain = 12
1
2
% =
25
2
%
CP =
100
(100 + Gain%)
× SP =
100
100 +
25
2
× 1755 =
200
225
× 1755 =
351000
225
= Rs. 1560
i i i
( )
( )
{ }
{ }
{ } {
( )
} { }
SP = Rs. 8510
Loss = 8%
CP =
100
(100 - Loss%)
× SP =
100
(100 - 8 )
× 8510 =
851000
92
= Rs. 9250
i v
SP = Rs. 5600
Loss = 6
2
3
% =
20
3
%
CP =
100
(100 - Loss%)
× SP =
100
100 -
20
3
×5600 =
300
280
× 5600 =
168000
28
= Rs. 6000
Q u e s t i o n : 4
Sudhir bought an almirah for Rs 13600 and spent Rs 400 on its transportation. He sold it for Rs 16800. Find his gain
per cent.
S o l u t i o n :
Cost price of an almirah = Rs. 13600
Transportation cost = Rs. 400
Total cost price = Rs. 13600 +400
= Rs. 14000
Selling price = Rs. 16800
Now, SP > CP
Gain = SP - CP =
16800 -14000
= Rs. 2800
Gain % =
Gain
CP
× 100
%
=
2800
14000
× 100
%
=
2800
140
% = 20 %
Q u e s t i o n : 5
Ravi purchased an old house for Rs 765000 and spent Rs 115000 on its repairs. Then, he sold it at a gain of 5%.
How much did he get?
S o l u t i o n :
Cost price of the house = Rs. 765000
Cost of repairing the house = Rs. 115000
Total Cost price = 765000 +115000
= Rs. 880000
Ravi sold it at a gain of 5%.
{ } { }
{ } {
( )
} { }
( )
( )
{ } { }
SP =
(100 + gain %)
100
× CP =
(100 + 5)
100
× 880000 =
105
100
× 880000 = Rs. 924000
He gets Rs. 924000.
Q u e s t i o n : 6
A vendor busy lemons at Rs 25 per dozen and sells them at the rate of 5 for Rs 12. Find his gain or loss per cent.
S o l u t i o n :
CP of 12 lemons d o z e n
= Rs. 25
CP of one lemon = Rs.
25
12
CP of five lemons = 5 ?×
25
12
=
125
12
= Rs. 10. 42
SP of five lemons = Rs. 12 g i v e n
Gain = SP - CP = 12 -10.42
= Rs 1.58
Gain % =
Gain
CP
× 100
%
=
1.58
10.42
× 100
%
= 15.2%
Q u e s t i o n : 7
The selling price of 12 pens is equal to the cost price of 15 pens. Find the gain per cent.
S o l u t i o n :
Let the cost price of the pen be Re 1.
Cost price of 12 pens = Rs 12
SP of 12 pens = CP of 15 pens = Rs 15
Gain = SP - CP = Rs 15 -12
= Rs 3
Gain % =
Gain
CP
× 100
%
=
3
12
× 100 % = 25 %
Gain% = 25%
{ } { }
( )
( )
( )
( )
Read More
|
76 videos|344 docs|39 tests
|
FAQs on RS Aggarwal Solutions: Profit & Loss - Mathematics (Maths) Class 7
| 1. What is profit and loss in mathematics? |  |
Ans. Profit and loss is a concept in mathematics that deals with the calculation of the gain or loss made in a business transaction. It involves calculating the difference between the selling price and the cost price of an item or service.
| 2. How do you calculate profit and loss? | |
Ans. To calculate profit, you subtract the cost price from the selling price. If the result is positive, it is a profit. If the result is negative, it is a loss. The formula for profit is Profit = Selling Price - Cost Price.
| 3. Can you give an example of calculating profit and loss? | |
Ans. Sure! Let's say you bought a shirt for $20 and sold it for $30. To calculate the profit, you subtract the cost price from the selling price: $30 - $20 = $10. So, in this case, you made a profit of $10.
| 4. What is the difference between gross profit and net profit? | |
Ans. Gross profit is the difference between the total revenue and the cost of goods sold. It represents the profit made before deducting any other expenses. Net profit, on the other hand, is the final profit after deducting all expenses, including taxes and operating costs.
| 5. How is profit and loss related to everyday life? | |
Ans. Profit and loss calculations are used in various aspects of everyday life. For example, when buying and selling goods, calculating discounts, or determining the financial performance of a business. Understanding profit and loss helps individuals make informed decisions regarding their personal finances and business transactions.
Related Exams
About this Document
|
4.94/5 Rating |
|
Dec 23, 2024 Last updated |
Document Description: RS Aggarwal Solutions: Profit & Loss for Class 7 2024 is part of Mathematics (Maths) Class 7 preparation.
The notes and questions for RS Aggarwal Solutions: Profit & Loss have been prepared according to the Class 7 exam syllabus. Information about RS Aggarwal Solutions: Profit & Loss covers topics
like and RS Aggarwal Solutions: Profit & Loss Example, for Class 7 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for RS Aggarwal Solutions: Profit & Loss.
Introduction of RS Aggarwal Solutions: Profit & Loss in English is available as part of our Mathematics (Maths) Class 7
for Class 7 & RS Aggarwal Solutions: Profit & Loss in Hindi for Mathematics (Maths) Class 7 course.
Download more important topics related with notes, lectures and mock test series for Class 7
Exam by signing up for free. Class 7: RS Aggarwal Solutions: Profit & Loss | Mathematics (Maths) Class 7
Description
Full syllabus notes, lecture & questions for RS Aggarwal Solutions: Profit & Loss | Mathematics (Maths) Class 7 - Class 7 | Plus excerises question with solution to help you revise complete syllabus for Mathematics (Maths) Class 7 | Best notes, free PDF download
Information about RS Aggarwal Solutions: Profit & Loss
In this doc you can find the meaning of RS Aggarwal Solutions: Profit & Loss defined & explained in the simplest way possible. Besides explaining types of
RS Aggarwal Solutions: Profit & Loss theory, EduRev gives you an ample number of questions to practice RS Aggarwal Solutions: Profit & Loss tests, examples and also practice Class 7
tests
|
Explore Courses for Class 7 exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Semester Notes
,Viva Questions
,mock tests for examination
,Summary
,Extra Questions
,practice quizzes
,study material
,ppt
,Important questions
,video lectures
,RS Aggarwal Solutions: Profit & Loss | Mathematics (Maths) Class 7
,shortcuts and tricks
,past year papers
,Exam
,Previous Year Questions with Solutions
,RS Aggarwal Solutions: Profit & Loss | Mathematics (Maths) Class 7
,RS Aggarwal Solutions: Profit & Loss | Mathematics (Maths) Class 7
,MCQs
,Sample Paper
,Objective type Questions
,Free
;
Additional Information about RS Aggarwal Solutions: Profit & Loss for Class 7 Preparation
RS Aggarwal Solutions: Profit & Loss Free PDF Download
The RS Aggarwal Solutions: Profit & Loss is an invaluable resource that delves deep into the core of the Class 7 exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the RS Aggarwal Solutions: Profit & Loss now and kickstart your journey towards success in the Class 7 exam.
Importance of RS Aggarwal Solutions: Profit & Loss
The importance of RS Aggarwal Solutions: Profit & Loss cannot be overstated, especially for Class 7 aspirants.
This document holds the key to success in the Class 7 exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
RS Aggarwal Solutions: Profit & Loss Notes
RS Aggarwal Solutions: Profit & Loss Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to RS Aggarwal Solutions: Profit & Loss.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, RS Aggarwal Solutions: Profit & Loss Notes on EduRev are your ultimate resource for success.
RS Aggarwal Solutions: Profit & Loss Class 7 Questions
The "RS Aggarwal Solutions: Profit & Loss Class 7 Questions" guide is a valuable resource for all aspiring students preparing for the
Class 7 exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study RS Aggarwal Solutions: Profit & Loss on the App
Students of Class 7 can study RS Aggarwal Solutions: Profit & Loss alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the RS Aggarwal Solutions: Profit & Loss,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of RS Aggarwal Solutions: Profit & Loss is prepared as per the latest Class 7 syllabus.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup