

Profit and Loss Grade 7
Presentation
•
Mathematics
•
7th Grade
•
Practice Problem
•
Hard
Straw Berry
Used 172+ times
FREE Resource
8 Slides • 4 Questions
1
Profit and Loss
Grade 7

2
What is cost price ?
Cost price is the price at which something is brought.
3
What is selling price?
Selling price is the price at which something is sold.
4
What is profit ?
Its a profit if the selling price is more than the cost price.
Selling price - cost price = profit
5
What is loss?
When cost price is more than the selling price then its a loss
Cost price - Selling price = Loss
6
What is profit percent?
Profit percent is the percentage of profit
mathematical representation is given
7
What is loss percent?
Loss percent is the percentage of loss
mathematical representation is given
8
Multiple Choice
Cost price = 2290
Selling price = 2498
Profit
Loss
9
Fill in the Blanks
Type answer...
10
Multiple Select
Hari sold two books on eBay for ₹ 120 each. His profit percent on one was 25% and his loss on the other was 25%. Which of these is/are true?
He neither gained nor lost.
He gained ₹16 .
He lost ₹16 .
His gain was approximately 7% .
His loss was approximately 6% .
11
Multiple Choice
A trader purchased 500 kg of wheat at ₹8 per kg. If he made a profit of 10% per kg for half of his purchase and a loss of 5% per kg for the other half, find his net profit.
1000
500
100
50
12
Profit and Loss
Grade 7

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