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Mathematics
7th
grade
Profit & Loss | Comparing Quantities | Assessment | English | Grade 7
7 questions
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- 1. Multiple Choice
The profit or loss percentage is always calculated on the _______. (Hint: Which value is taken as the denominator?)
Cost price
Selling price
Discount
Both cost price and selling price
- 2. Multiple Choice
In the following figure, the shaded region of circle is increased from 1/4 to 3/4. Then the increase in shaded region is ________%.
0.25
0.5
1
2
- 3. Multiple Choice
A dress was purchased for ₹ 700 and was sold for ₹ 1400. Then the profit earned is:
0.49
0.5
0.6
1
- 4. Multiple Choice
Observe the following bar graph, if the cost of 1 kg sugar in January is ₹ 150 then what will be the price of 1 kg sugar in April?
₹ 135
₹ 165
₹ 172.5
₹ 127.5
- 5. Multiple Choice
A video game is purchased for ₹ 2000 and is sold at a profit of 15%. Then what is the selling price of the video game?
₹ 2000
₹ 2300
₹ 1700
₹ 2015
- 6. Multiple Choice
A shopkeeper bought a laptop for ₹ 45000 and a mobile for ₹ 15000. He sold the laptop at a loss of 5% but made a profit of 15% on the mobile. The net result of the transaction is _____.
Profit of ₹ 2250
Loss of ₹ 2520
Loss of ₹ 2250
No profit and no loss
- 7. Multiple Choice
Akash sells a washing machine of ₹ 9900 making a profit of 20%. What is the cost price of the washing machine?
₹ 8000
₹ 8250
₹ 9900
₹ 11880
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