• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • NCERT Solutions
    • NCERT Books Free Download
  • TS Grewal
    • TS Grewal Class 12 Accountancy Solutions
    • TS Grewal Class 11 Accountancy Solutions
  • CBSE Sample Papers
  • NCERT Exemplar Problems
  • English Grammar
  • MCQ Questions

CBSE Tuts

CBSE Maths notes, CBSE physics notes, CBSE chemistry notes

GSEB Solutions for Class 7 Mathematics – Profit and Loss

GSEB Solutions for Class 7 Mathematics – Profit and Loss (English Medium)

GSEB SolutionsMathsScience
Exercise

Solution 1:

gseb-solutions-class-7-mathematics-profit-loss-1.1
gseb-solutions-class-7-mathematics-profit-loss-1.2

Solution 2:

gseb-solutions-class-7-mathematics-profit-loss-2

Solution 3:

gseb-solutions-class-7-mathematics-profit-loss-3

Solution 4:

gseb-solutions-class-7-mathematics-profit-loss-4

Solution 5:

gseb-solutions-class-7-mathematics-profit-loss-5

Practice – 1

Solution 1:

gseb-solutions-class-7-mathematics-profit-loss-1.1
gseb-solutions-class-7-mathematics-profit-loss-1.2
gseb-solutions-class-7-mathematics-profit-loss-1.3

Solution 2:

gseb-solutions-class-7-mathematics-profit-loss-2

Solution 3:

gseb-solutions-class-7-mathematics-profit-loss-3

Solution 4:

gseb-solutions-class-7-mathematics-profit-loss-4

Solution 5:

gseb-solutions-class-7-mathematics-profit-loss-5

Solution 6:

gseb-solutions-class-7-mathematics-profit-loss-6

Practice – 2

Solution 1:

gseb-solutions-class-7-mathematics-profit-loss-1

Solution 2:

gseb-solutions-class-7-mathematics-profit-loss-2

Solution 3:

gseb-solutions-class-7-mathematics-profit-loss-3

Solution 4:

gseb-solutions-class-7-mathematics-profit-loss-4

Solution 5:

gseb-solutions-class-7-mathematics-profit-loss-5

Practice – 3

Solution 1:

gseb-solutions-class-7-mathematics-profit-loss-1.1
The MRP (Rs.) and the Rebate (%) are given in the banner of Sale.
Amount of rebate = Rate of Rebate × Price
Thus, we have
gseb-solutions-class-7-mathematics-profit-loss-1.2

Solution 2:

gseb-solutions-class-7-mathematics-profit-loss-2.1
gseb-solutions-class-7-mathematics-profit-loss-2.2

Solution 3:

It is a self-study project wherein you need to search advertisements related to rebate in the newspaper.

Practice – 4

Solution 1:

Printed price of the T-shirt = Rs. 450 per piece
S.P. of the T-shirt = Rs. 360 per piece
Rate of rebate on purchase = 10% on the printed price
Amount of rebate on purchase
= Rate of rebate × Printed price
= 10% × Rs. 450
gseb-solutions-class-7-mathematics-profit-loss-1.1
Net price (N.P.) of each T-shirt = Printed price – Rebate
= Rs. 450 – Rs. 45
= Rs. 405
The trader sells each T-shirt at Rs. 360.
Now, S.P. < N.P.
Hence, the trader suffers a loss.
Loss = N.P. – S.P.
= Rs. (405 – 360)
= Rs. 45
Hence, the trader incurs a loss of Rs. 45 per T-shirt.
Amount of rebate = Printed price – Price paid
= Rs. (450 – 360)
= Rs. 90
gseb-solutions-class-7-mathematics-profit-loss-1.2

Solution 2:

Printed price of the TV = Rs. 18,000
S.P. of the TV = Rs. 2700
Rate of rebate on purchase = 20% on printed price
Amount of rebate on purchase
= Rate of rebate × Printed price
= 20% × Rs. 18,000
gseb-solutions-class-7-mathematics-profit-loss-2.1
Net price (N.P.) of each TV = Printed price – Rebate
= Rs. 18,000 – Rs. 3,600
=Rs. 14,400
Selling price of each TV = Printed price – Rebate
= Rs. 18,000 – Rs. 2700
= Rs. 15,300
Now, S.P. > N.P.
Hence, the trader makes profit.
Profit = S.P. – N.P.
= Rs. 15,300 – Rs. 14,400
= Rs. 900
Hence, the trader makes a profit of Rs. 900 per T.V.
gseb-solutions-class-7-mathematics-profit-loss-2.2

Primary Sidebar

NCERT Exemplar problems With Solutions CBSE Previous Year Questions with Solutoins CBSE Sample Papers

Recent Posts

  • MCQ Questions with Answers for Class 12, 11, 10, 9, 8, 7, 6, 5, 4, 3, 2, and 1 all Subjects
  • Angle, Types of Angles
  • AND gate is formed by using two? 1)OR 2)NAND 3)NOT 4)NOR
  • And expression for one minus the quotient of one and a number X?
  • What is average human body temperature in Kelvins?
  • How many moles of caffeine are in a cup, and how many molecules of caffeine?
  • How far will the car have traveled in that time?
  • What is its atomic number?
  • How many neutrons does it have?
  • An atom loses electrons to form what?
  • What is the atomic number of this atom?
  • Which one of these is the answer?
  • What is its concentration?
  • Can an equilateral triangle also be isosceles?
  • What is the charge of an alpha particle?

Footer

Maths NCERT Solutions

NCERT Solutions for Class 12 Maths
NCERT Solutions for Class 11 Maths
NCERT Solutions for Class 10 Maths
NCERT Solutions for Class 9 Maths
NCERT Solutions for Class 8 Maths
NCERT Solutions for Class 7 Maths
NCERT Solutions for Class 6 Maths

SCIENCE NCERT SOLUTIONS

NCERT Solutions for Class 12 Physics
NCERT Solutions for Class 12 Chemistry
NCERT Solutions for Class 11 Physics
NCERT Solutions for Class 11 Chemistry
NCERT Solutions for Class 10 Science
NCERT Solutions for Class 9 Science
NCERT Solutions for Class 7 Science
MCQ Questions NCERT Solutions
CBSE Sample Papers
cbse ncert
NCERT Exemplar Solutions LCM and GCF Calculator
TS Grewal Accountancy Class 12 Solutions
TS Grewal Accountancy Class 11 Solutions