RS Aggarwal Class 7 Math Eleventh Chapter Profit and Loss Exercise 11B Solution

RS Aggarwal Class 7 Math Eleventh Chapter Profit and Loss Exercise 11B Solution

EXERCISE 11B

OBJECTIVE QUESTIONS

Mark (√) against the correct answer in each of the following:

(1) A man buys a book for Rs 80 and sells it for Rs 100. His gain % is    

Ans: (b)

(2) A football is bought for Rs 120 and sold for Rs 105. The loss % is  

Ans: (a)

(3) On selling a bat for Rs 100, a man sold for Rs 198, a shopkeeper gains 10%. The cost price of the racket is

Ans: (b)

(4) On selling a racket for Rs 198, a shopkeeper gains 10%. The cost price of the rackets is

Ans: (a)

(5) On selling a jug for Rs 144, a man loses 1/7 of his outlay. If it is sold for Rs 189, what is the gain %?

Ans: (a)

(6) On selling a pen for Rs 48, a shopkeeper losses 20%. In order to gain 20% what would be the selling price?

Ans: (d)

(7) If the cost price of 12 pencils is equal to selling price of 15 pencils, then the loss% is

Ans: (a)

(8) If the cost price of 4 toffees be equal to the selling price of 3 toffees, then the gain% is

Ans: (d)

(9) On selling an article for Rs 144 a man loses 10%. At what price should he sell it to gain 10%?

Ans: (c)

(10) A vendor bought lemons at 6 for a rupee and sold them at 4 for a rupee. His gain% is

Ans: (a)

(11) On selling a chair for Rs 720, a man gains 20%. The cost price of the chair is

Ans: (d)

(12) On selling a stool for Rs 630, a man losses 10%. The cost price of the chair is

Ans: (c)

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