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  • Class 7 Maths Study Material

An Educational platform for Preparation and Practice Class 7. Kidsfront provide unique pattern of learning Maths with free online comprehensive study material in the form of QUESTION & ANSWER for each Chapter of Maths for Class 7. This study material help Class 7, Maths students in learning every aspect of Profit and Loss. Students can understand Profit and Loss concept easily and consolidate their learning by doing Online Practice Tests on Maths,Profit and Loss chapter repeatedly till they excel in Class 7, Profit and Loss. Free ONLINE PRACTICE TESTS on Class 7, Profit and Loss comprise of Hundreds of Questions on Profit and Loss, prepared by the highly professionals team. Every repeat test of Profit and Loss will have new set of questions and help students to prepare themselves for exams by doing unlimited Online Test exercise on Profit and Loss. Attempt ONLINE TEST on Class 7,Maths,Profit and Loss in Academics section after completing this Profit and Loss Question Answer Exercise.


Unique pattern

  • Topic wise:Profit and Loss preparation in the form of QUESTION & ANSWER.
  • Evaluate preparation by doing ONLINE TEST of Class 7, Maths,Profit and Loss.
  • Review performance in PRACTICE TEST and do further learning on weak areas.
  • Attempt repeat ONLINE TESTS of Maths Profit and Loss till you excel.
  • Evaluate your progress by doing ONLINE MOCK TEST of Class 7, Maths, All TOPICS.


Profit and Loss

A car travels 120 km in 5/2 hours, and a truck travels 192.5 km in 7/2 hours. Find the ratio of their speeds. 


a) 55:48
b) 48:55
c) 120:192.5
d) 2 1/2: 31/2



Answer
Correct Answer Is : 48:55
Solution Is :

Convert 4/11 fraction to percents.


a) 400/11
b) 400/11%
c) 36 4/11
d) 36 4/11 %



Answer
Correct Answer Is : 36 4/11 %
Solution Is :

Find the percentage of pure gold in 22 – carat gold. If 24- carat gold is 100% pure gold.


a) 275/3 %
b) 91 2/3 %
c) 3/275 %
d) None of the above



Answer
Correct Answer Is : 91 2/3 %
Solution Is :

CP = ________________.


a)


b)


c)


d)





Answer
Correct Answer Is :

Solution Is :
The price at which an article is purchased is called its ________________

a) Cost price
b) Sale price
c) Both option 1 and option 2
d) None of the above



Answer
Correct Answer Is : Cost price
Solution Is :
The overhead expenses like sales tax, labour charges, cartage, etc. are _______________ in the cost price.

a) Included
b) Excluded
c) Both option 1 and option 2
d) None of the above



Answer
Correct Answer Is : Included
Solution Is :
Profit =_________________.

a) Selling price – cost price
b) Cost price – selling price
c) SP + CP
d) -          (SP - CP)



Answer
Correct Answer Is : Selling price – cost price
Solution Is :
Loss =________________.

a) Selling price – cost price
b) Cost price – selling price
c) SP + CP
d) -          (SP - CP)



Answer
Correct Answer Is : Cost price – selling price
Solution Is :
Profit % =_______________

a) Profit/SP × 100
b) Profit/CP × 100
c) CP/Profit × 100
d) SP/Profit × 100



Answer
Correct Answer Is : Profit/CP × 100
Solution Is :
Loss % =_________________

a) Loss/SP × 100
b) Loss/CP × 100
c) CP/Loss × 100
d) SP/Loss × 100



Answer
Correct Answer Is : Loss/CP × 100
Solution Is :
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