Profit and Loss

Profit and Loss

7th Grade

10 Qs

quiz-placeholder

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Profit and Loss

Profit and Loss

Assessment

Quiz

Mathematics

7th Grade

Practice Problem

Medium

CCSS
6.RP.A.3C, 6.RP.A.3B

Standards-aligned

Created by

LATIKA BODDU

Used 26+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1. . By selling 33 m of carpet, a man loses an amount equal to the selling price of 3 m of carpet. Find his gain or loss per cent.

25/3%

20/4%

24/3%

4.3%

Tags

CCSS.6.RP.A.3C

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

2. Ronald buys a geyser for $ 3680 and sells it at a gain of 7¹/₂%. For how much does he sell it?

$4596

$ 3956

$3459

$5678

Tags

CCSS.6.RP.A.3C

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

3. Jenny buys a calculator for $ 720 and sells it at a loss of 6²/₃)%. For how much does she sell it?

$780

$672

Cant tell

Tags

CCSS.6.RP.A.3C

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

4. Mr Virmani purchased a house for Rs 365000 and spent Rs 135000 on its repairs. If he sold it for Rs 550000, find his gain percent.

20%

15%

5%

10%

Tags

CCSS.6.RP.A.3C

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

5. What is the formula of profit?

Selling Price - Cost Price

Cost price- Selling Price

Loss - Cost price

All of the Above

Tags

CCSS.6.RP.A.3B

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

6. Find the SP when CP = Rs 950, gain.

7%

6%

9%

4%

Tags

CCSS.6.RP.A.3C

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

7. Find the SP when:

CP = Rs 950, gain = 6%

1207

1070

1007

1190

Tags

CCSS.6.RP.A.3C

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