Online Test      LOGIN      SIGN UP
Forgot your password?
  • 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 tricycle was purchased for Rs. 1120 and sold for Rs. 1260. Find the gain and gain per cent.

a) 12.5%, Rs. 140
b) 12% Rs. 140
c) Rs. 140, 12%
d) 12.5; Rs. 140

Correct Answer Is : 12.5%, Rs. 140
Solution Is :
An article was bought for Rs. 400 and sold for Rs. 336. Find the loss and loss per cent.

a) 16%; Rs. 64
b) Rs. 64, 16%
c) 15 % ; Rs. 65
d) Rs. 65; 15 %

Correct Answer Is : Rs. 64, 16%
Solution Is :
If the cost price of 15 pens is equal to the selling price of 20 pens. Find the loss per cent.

a) 52%
b) 25%
c) 50%
d) 51%

Correct Answer Is : 25%
Solution Is :
If the profit made on a packet of tea is Rs. 4 and the cost price of the packet is Rs. 20, then how much is the profit percentage?

a) 10%
b) 20%
c) 2%
d) 0.20%

Correct Answer Is : 20%
Solution Is :
A bookseller sold 300 copies of a book at a profit of 15 %. If a book costs him Rs. 12, the selling price of the books is

a) Rs. 4.14
b) Rs. 41.40
c) Rs. 414
d) Rs. 4140

Correct Answer Is : Rs. 41.40
Solution Is :
A man sells his scooter for Rs. 18000 making a profit of 20 %. How much did the scooter cost him?

a) Rs. 150
b) Rs. 1500
c) Rs. 15000
d) Rs. 1, 50, 000

Correct Answer Is : Rs. 15000
Solution Is :
A farmer sells his product at a loss of 8%. If his SP is Rs. 27600, what is his actual loss? What is his cost price?

a) Rs. 30, 000 ; Rs. 2400
b) 2400, 30, 000
c) Rs. 2400, Rs. 30, 000
d) None of the above

Correct Answer Is : Rs. 2400, Rs. 30, 000
Solution Is :
Find the SP of a table whose CP is Rs. 3300 and sold at a loss of 10%.

a) 2970
b) Rs. 2970
c) Rs. 29.70
d) Rs. 297

Correct Answer Is : Rs. 2970
Solution Is :
If the manufacturer gains 6 %, the wholesale dealer 8% and the retailer 10 %. Then what is the production cost of geyser whose retail price is Rs. 15741?

a) 1200
b) 120
c) 12000
d) None of the above

Correct Answer Is : 12000
Solution Is :
script type="text/javascript">