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Rs_aggarwal Solutions for Class 7 Math Chapter 11 Profit And Loss are provided here with simple step-by-step explanations. These solutions for Profit And Loss are extremely popular among Class 7 students for Math Profit And Loss Solutions come handy for quickly completing your homework and preparing for exams. All questions and answers from the Rs_aggarwal Book of Class 7 Math Chapter 11 are provided here for you for free. You will also love the ad-free experience on Meritnation’s Rs_aggarwal Solutions. All Rs_aggarwal Solutions for class Class 7 Math are prepared by experts and are 100% accurate.
Page No 157:
Answer:
[i] CP = Rs. 950
Gain = 6%
SP ={[100 + Gain%]100× CP } = {[100 + 6]100× 950} = 106100× 950 = 100700100 = Rs. 1007
[ii] CP = Rs. 9600
Gain = 1623% = 50 3%
SP={ [100 + Gain%]100× CP} = {[100 + 503]100× 9600} = 350300 ×9600 = 33603 = Rs. 11200
[iii] CP = Rs. 1540
Loss = 4%
SP={[100 - Loss%]100× CP} = {[100 - 4]100× 1540} = 96100× 1540 = 147840 100 = Rs. 1478.40
[iv] CP = Rs. 8640
Loss = 1212% = 252%
SP={[100 - Loss%]100× CP} = {[100 - 252]100× 8640} = 175200× 8640 = 1512000200 = Rs. 7560
Page No 157:
Answer:
[i] CP = Rs. 2400
SP = Rs. 2592
Gain = SP - CP = Rs. [ 2592 - 2400] = Rs. 192
Gain% = GainCP × 100 = 1922400× 100 = 8
[ii] CP = Rs. 1650
SP = Rs. 1452
Loss = CP - SP = [ 1650 - 1452] = Rs. 198
Loss% = LossCP × 100 =1981650 × 100 = 12
[iii] CP = Rs. 12000 and SP = Rs. 12800
Gain = SP - CP = [ 12800 - 12000] =
Rs. 800
Gain% = GainCP × 100 = 80012000× 100 = 6.66
[iv] CP = Rs. 1800
SP = Rs. 1611
Loss = CP - SP = [ 1800 - 1611] = Rs. 189
Loss% = LossCP × 100 =1891800 × 100 = 10.5
Page No 157:
Answer:
[i] SP = Rs. 924
Gain = 10%
CP ={ 100[100 + Gain%]× SP}
={100[100 + 10]× 924} = 92400110 = Rs. 840
[ii] SP = Rs. 1755
Gain = 1212% =252%
CP = { 100[100 + Gain%]× SP} ={100[100 + 252]× 1755} = {200225× 1755} = 351000225 = Rs. 1560
[iii] SP = Rs. 8510
Loss = 8%
CP = {100[100 - Loss%]× SP} = {100[100 - 8 ]× 8510} = 85100092= Rs. 9250
[iv] SP = Rs. 5600
Loss = 623% = 203%
CP = {100[100 - Loss %]× SP} = {100[100 - 203]×5600} = {300280 × 5600} = 16800028 = Rs. 6000
Page No 157:
Answer:
Cost price of an almirah = Rs. 13600
Transportation cost = Rs. 400
Total cost price = Rs. [13600 +
400] = Rs. 14000
Selling price = Rs. 16800
Now, SP > CP
Gain = SP - CP = [ 16800 - 14000] = Rs. 2800
Gain% = GainCP× 100 %
=280014000× 100%
=2800140% = 20%
Page No 157:
Answer:
Cost price of the house = Rs. 765000
Cost of repairing the house = Rs. 115000
Total Cost price = [765000 + 115000] = Rs. 880000
Ravi sold it at a gain of 5%.
SP= {[100 + gain %]100× CP} = {[100 + 5]100× 880000} = 105100× 880000 = Rs. 924000
He gets Rs. 924000.
Page No 157:
Answer:
CP of 12 lemons [dozen] = Rs. 25
CP of one lemon = Rs. 2512
CP of five lemons = 5 × 2512 = 12512 = Rs. 10.42
SP of five lemons = Rs. 12 [given]
Gain = SP - CP = [ 12 - 10.42 ] = Rs 1.58
Gain% =GainCP × 100%
=1.5810.42 × 100 %
= 15.2%
Page No 157:
Answer:
Let the cost price of the pen be Re 1.
Cost price of 12
pens = Rs 12
SP of 12 pens = CP of 15 pens = Rs 15
Gain = SP - CP = Rs [15 - 12] = Rs 3
Gain% = GainCP× 100 %
=312× 100 %= 25%
Gain% = 25%
Page No 157:
Answer:
Let the cost price of one spoon be Re 1.
CP of 16 spoons = Rs 16
SP of 16 spoons = CP of 15 spoons = Rs 15
Loss = CP - SP = [16 - 15] = Re 1
Loss% = LossCP× 100% = 116× 100 %=6.25%
Loss% = 6.25%
Page No 157:
Answer:
Cost price of a video = Rs. 12000
SP of a video at a gain of 10% ={[100 + Gain%]100× CP}
={[100 + 10]100× 12000} = {110100× 12000} = Rs.13200
So, Rahul purchased at a cost price of Rs. 13200.
Rahul sells it at a loss of 5%.
SP of a video at loss of 5% = {[100 - Loss%]100× CP}
={[100 - 5]100× 13200} = 95100× 13200 = Rs. 12540
∴ Rakesh pays = Rs. 12540
Page No 157:
Answer:
SP of the sofa set = Rs. 21600
Gain% = 8
CP of the sofa set={100[100 + Gain%]×SP} = {100[100 + 8]× 21600} = 2160000108 = Rs. 20000
He purchased it at the cost of Rs. 20000.
Page No 157:
Answer:
SP of the watch = Rs 11400
Loss% = 5
CP = {100[100 - Loss% ]× SP}
={100[100 - 5]× 11400} = 1140095 = Rs. 12000
He purchased it at the cost of Rs. 12000.
Page No 157:
Answer:
SP of the calculator = Rs. 1325
Gain % = 6
CP of the calculator = {100[100 + Gain%]× SP}
={100[100 + 6]×1325} = 132500106 = Rs . 1250
SP of the calculator= {[100 + Gain%]100× CP} = {[100 + 12]100× 1250} = 140000100 = Rs.1400
Page No 157:
Answer:
SP of a computer = Rs. 24480
Loss% = 4
CP of the computer={100[100 - Loss%]× SP} = {100[100 - 4]× 24480} = 244800096= Rs. 25500
In
order to gain 4%:
SP of the computer={[100 + Gain%]100× CP} = {
[100 + 4]100× 25500} = {104100× 25500} = 2652000100 = Rs. 26520
Page No 157:
Answer:
Let the CP of the tricycle be Rs. x
SP at 15% gain = {[100 + Gain%]100× CP
}
={[100 + 15]100× x} = 115100x
=Rs. 2320x
SP at 20% gain = x × 120100 = Rs. 65x
65 x-2320x=108⇒24x-23x20=108⇒x20=108⇒x=2160
Hence, the cost price of the tricycle is Rs. 2160
Page No 157:
Answer:
Let CP of a television be Rs x.
SP at 8% loss = [100 - 8]100× x = Rs. 92
100x
100
SP at 6% gain = [100 + 6]100× x = Rs. 106100x
106100x - 92100x = 3360
⇒14100x = 3360
⇒ x = 33600014 = 24000
∴ CP = Rs. 24000
Sandeep bought it at the cost of Rs. 24000.
Page No 157:
Answer:
SP of each cycle = Rs. 2376
He gains 10% in one cycle.
CP = {100[100 +
Gain%]× SP}
={100[100 + 10] × 2376} = 100110
× 2376 = Rs. 2160
He looses 10% in the second cycle.
CP = 100[100 - Loss%] × SP
=100[100 - 10]× 2376= 10090× 2376 = 237609 = Rs. 2640
Total CP = Rs. [ 2160 + 2640 ] = Rs. 4800
Total SP = Rs. [ 2376 + 2376 ] = Rs.
4752
Loss = CP - SP = Rs. [ 4800 - 4752
] = Rs. 48
Loss% = LossCP× 100%
=484800
× 100% = 1%
Page No 157:
Answer:
Let the CP of the exhaust fan be Rs. x.
Gain = Rs. x6
SP = Rs [ x + x6]
SP = Rs. 7350
∴ x + x6 = 7350
⇒
76x = 7350
⇒ x = 7350 × 67 = 441007 =6300
CP of the fan = Rs. 6300
Page No 157:
Answer:
Mohit sold a watch to Karim at Rs. x.
Mohit sold it at a gain of 10%.
SP of the watch = 110% of x
=
[x + 110100] = Rs. 1120x
Karim sold it to Rahim at a gain of 4%.
SP of the watch = 104% of 1110x = [104100 × 1110x] = Rs.
[2625× 1110x]
But, Rahim pays Rs. 14300.
∴ 2625× 1110x = 14300
⇒x = 14300 × 25 × 10 26 × 11 =3575000286 =12500
Mohit purchased it at Rs. 25000.
Page No 157:
Answer:
Let the production cost of a washing machine be Rs. x.
Profit of the manufacturer = 10%
SP of the manufacturer = 110% of x
= [x + 110100] = 110100
x = Rs. 1110
Profit of the wholesale dealer = 15%
SP of the wholesale dealer = 115
% of Rs 1110x
=
Rs [1110x × 115100] = Rs [1110x × 2320]
Profit of the retailer = 25%
SP of the retailer = 125% of Rs [1110x × 2320]
= Rs. [ 1110x × 2320×125100] = Rs. [1110x × 2320× 54]
Given:
Retail price = Rs. 37950
∴ [1110x
× 2320 × 54] = 37950
⇒x = 37950 × 10 × 20 × 411 ×
23 × 5
=> x= 303600001265 = 24000
∴ Production cost of a washing machine = Rs. 24000
Page No 157:
Answer:
Mr. Mehta purchased a video at the cost of Rs. 20000.
Mr. Mehta purchased a television at the cost of Rs. 30000.
Total cost = Rs. [20000 + 30000] = Rs. 50000
He lost 5% on the video.
SP= [100-Loss%]100×CP=100-5100×20000=95100×20000=Rs. 19000
He gained 8% on the television.
SP= [100+Gain%]100×CP=100+8100×30000=108 100×30000=Rs. 32400
Total SP = Rs. [ 190000 + 32400 ] = Rs. 51400
Total CP = Rs. 50000
Total Gain = SP - CP = Rs. [ 51400 - 50000 ] = Rs. 1400
Gain% = GainCP× 100 %= 1400
50000 × 100% = 2.8%
Page No 158:
Answer:
Let the CP of 1 orange be Rs. x.
∴ CP of 36 oranges = Rs. 36x
Let SP of orange be Rs. y.
∴ SP of 36 oranges = Rs. 36y
Loss = SP of 4 oranges = 4y [given]
We know:
Loss = CP - SP
⇒ 4y = 36x - 36y
⇒
4y + 36y = 36x
⇒ 40y = 36x
⇒ 10y = 9x
⇒ y = 9
10x
Loss% = LossCP×100 %
=4y 36x× 100 %
=4 × 9x36x× 10× 100% = 10%
Loss% = 10%
Page No 158:
Answer:
Let the CP of one pencil be Rs. x.
Therefore, the CP of 96 pencils will be Rs. 96x.
Let SP of one pencil be Rs. y.
∴ SP of 96 pencils = Rs. 96y
Gain= SP of one dozen pencil = Rs.12y [given]
Gain = SP - CP
⇒12y=96y-96x⇒96x=96y-12y⇒96x=84y⇒x=84y 96
Gain% = GainCP×100 % =12y96x×100%=12y×9696×84y×100%=14.28%
Page No 158:
Answer:
[b] 25%
CP of the book = Rs. 80
SP of the book = Rs. 100
Gain = SP - CP = Rs. [100 - 80] = Rs. 20
Gain% = GainCP× 100 %=
2080× 100 %= 25%
Page No 158:
Answer:
[a] 1212%
CP of a football = Rs. 120
SP of a football = Rs. 105
CP>SP
∴ Loss =
CP - SP = Rs. [ 120 - 105 ] = Rs. 15
Loss% = LossCP × 100%= 15120× 100 %= 252 %= 1212%
Page No 158:
Answer:
[b] 25%
SP of the bat = Rs. 100
Gain = Rs. 20
Gain = SP - CP
⇒ 20 = 100 - CP
⇒
CP = 100 - 20 = Rs. 80
Gain% = GainCP× 100 %=2080× 100% = 25%
Page No 158:
Answer:
[a] Rs. 180
SP of the racket = Rs. 198
Gain% = 10
CP of the racket={100[100 + Gain %]× 100} = {100[100 + 10]× 198} =100110× 198 = Rs. 180
Page No 158:
Answer:
Let the cost price be Rs. x.
Loss = Rs. x7
∴ SP = [x
- x7] = Rs. 67x
Given:
SP = Rs. 144
∴ 67x = 144
⇒ x =
144 × 76 =Rs. 168
∴ CP = Rs. 168
SP = Rs. 144
New SP = Rs. 189
Gain = SP - CP = Rs. [ 189 - 168 ]
= Rs. 21
Gain% = GainCP× 100%= 21168 × 100%=12.5%
The correct answer is 12.5%.
All the given options are wrong.
Page No 158:
Answer:
[d] Rs. 72
SP of the pen = Rs. 48
Loses = 20%
Then , CP = {
100[100 - Loss%]× SP}
={100[100 - 20]× 48}=
Rs. 60
In order to gain 20%:
SP = {[100 + Gain%]100× CP} = {[100 + 20]100× 60} = 120100× 60 = Rs. 72
Page No 158:
Answer:
[a] 20%
Let the cost price of each pencil be Rs.1
Cost of 15 pencils = Rs 15
SP of 15 pencil = CP of 12 pencil = Rs 12
∴ CP = Rs 15
SP = Rs 12
Loss = CP - SP = Rs [15 -12] = Rs 3
Loss% = LossCP× 100 %= 315× 100% = 300 15%= 20%
Page No 158:
Answer:
[d] 3313%
Let the cost price of each toffee be Rs. 1
Cost price of three toffees = Rs 3
SP of three toffees = CP
of four toffees = Rs 4
CP = Rs 3
SP = Rs 4
Gain = SP - CP = Rs [ 4 - 3 ] = Re 1
Gain% =
GainCP× 100% = 13× 100 %=1003% =3313%
Page No 158:
Answer:
[c] Rs. 176
SP of an article = Rs. 144
Loss% = 10
CP = {100[100 - Loss%]
× SP} = {100[100 - 10]× 144} = 10090× 144
= 14409= Rs. 160
In order to gain 10%:
S.P. = [100 + Gain%] 100× CP= [100 + 10]100× 160= 110100× 160= Rs . 176
Page No 159:
Answer:
[a] 50%
CP of six lemons = Re 1
CP of one lemon = Rs 16
CP of four lemon = Rs 46
SP of four lemon = Re 1
Gain
= 1 - 46 =26 = Rs 13
Gain%=GainCP×
100 = 32×3× 100 = 1002=50
Page No 159:
Answer:
[d]Rs. 600
SP of the chair = Rs 720
Gain% = 20
C.P. = {100[100 + Profit percentage]× S.P.} = {100120× 720} = 720012 = Rs. 600
Page No 159:
Answer:
[c] Rs. 700
SP of a stool = Rs 630
Loss% = 10
CP = {100[100 - Loss%]× SP} ={100[100 - 10]
× 630} = 10090×630 = Rs 700
Page No 160:
Answer:
SP of the chair = Rs 1375
Gain% = 10
CP of the chair={100[100 + Gain%]× SP}
={100[100 + 10]× 1375} =137500110 = Rs. 1250
Page No 160:
Answer:
Let the cost of each pen be Rs. 1
CP of 10 pens = Rs. 10
SP of 10 pens = CP of 14 pens = Rs.
14
Gain = SP - CP = 14-10= Rs. 4
Gain% = GainCP × 100% = 410× 100%= 40%
Page No 160:
Answer:
Let the cost price of the fan be Rs. x.
Gain = Rs. x10
SP of the fan = [ x +
x10]= Rs. 1110x
SP of the fan = Rs. 2585
∴ 1110x = 2585
⇒ 11x = 25850
⇒ x =
2585011 = 2350
So, CP of the fan is Rs. 2350.
Page No 160:
Answer:
Cost price of six lemons = Rs. 10
Cost price of one lemon = Rs. 106
Cost price of eight lemons = 8
× 106 = Rs. 806 = Rs. 13.33
Selling price of eight lemons = Rs. 15
Gain = SP- CP=Rs. [15 - 13.33] = Rs. 1.67
Gain% = GainC.P.× 100 %
=1
.6713.33× 100 %
=12.5%
Page No 160:
Answer:
SP of the bat = Rs 486
Loss = 10%
CP of the bat = {100
[100 - Loss%]× SP}
={100[100 - 10]× 486} =
4860090 = Rs 540
CP of the bat = Rs 540
Page No 160:
Answer:
[b] Rs 85
SP of a football = Rs 100
Gain = Rs 15
Gain = SP - CP
⇒ 15 = 100 - CP
⇒ CP = Rs [100 -
15]
⇒ CP= Rs 85
Page No 160:
Answer:
[c] 15.2%
Cost price of 12 bananas = Rs. 25
Cost price of one banana = Rs. 2512
Cost price of
five bananas=Rs. 5 × 2512 = Rs. 12512 =Rs. 10.42
He sells five
bananas at the cost [SP] of Rs. 12.
Gain = SP - CP
= =Rs. [12 - 10.42] = Rs. 1.58
Gain% = GainCP× 100% = 1.5810.4× 100 %= 15.2%
Page No 160:
Answer:
[c] Rs. 196
Let the cost price of the jug be Rs. x.
Loss = Rs. x7
SP of the jug = CP - Loss
=Rs. [
x - x7] = Rs. 67x
SP of the jug = Rs 168 [given]
∴ 67x = 168
⇒
=168 × 76 ⇒x= 11766 ⇒x=196
∴ CP of the jug = Rs. 196
Page No 160:
Answer:
[c] 6623%
Let the cost price of each banana be Re 1.
Cost price of three bananas = Rs. 3
SP of three bananas = CP of five bananas = Rs. 5
Gain = SP - CP = Rs. [ 5
- 3 ] = Rs. 2
Gain% = GainCP× 100% = 23× 100% = 2003 %= 6623%
Page No 160:
Answer:
[i] Loss = [CP] - [
SP]
[ii] CP = 100 × SP[100 + Gain%]
[iii] Profit or loss is always reckoned on
the cost price.
[iv] 100 × SP[100 - loss%] =
Page No 160:
Answer:
[i] False
Gain or loss is always reckoned on the cost price.
[ii] True
[iii] True
[iv] True
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