## RS Aggarwal Class 7 Solutions Chapter 11 Profit and Loss CCE Test Paper

These Solutions are part of RS Aggarwal Solutions Class 7. Here we have given RS Aggarwal Solutions Class 7 Chapter 11 Profit and Loss CCE Test Paper.

Other Exercises

Question 1.
Solution:
SP of the chair = ₹ 1375
Gain% = 10
CP of the chair Question 2.
Solution:
Let the cost of each pen be ₹ 1
CP of 10 pens = ₹ 10
SP of 10 pens = CP of 14 pens = ₹ 14
Gain = SP – CP = 14 – 10 = ₹ 4 Question 3.
Solution:
Let the cost price of the fan be ₹ x Question 4.
Solution:
Cost price of six lemons = ₹ 10 Question 5.
Solution:
SP of the bat = ₹ 486
Loss = 10%
CP of the bat Mark (✓) against the correct answer in each of the following :
Question 6.
Solution:
(b) ₹ 85
SP of a football = ₹ 100
Gain = ₹ 15
Gain = SP – CP
⇒ 15 = 100 – CP
⇒ CP = ₹ (100 – 15)
⇒ CP = ₹ 85

Question 7.
Solution:
(c) 15.2%
Cost price of 12 bananas = ₹ 25
Cost price of one banana = ₹ $$\frac { 25 }{ 12 }$$
Cost price of five bananas = 5 x $$\frac { 25 }{ 12 }$$
= $$\frac { 125 }{ 12 }$$ = 10.42
He shells five bananas at the cost (SP) of ₹ 12.
Gain = SP – CP = ₹ (12 – 10.42) = ₹ 1.58 Question 8.
Solution:
(c) ₹ 196
Let the cost price of the jug be ₹ x  Question 9.
Solution:
(c) 66$$\frac { 2 }{ 3 }$$ %
Let the cost price of each banana be ₹ 1
Cost price of three bananas = ₹ 3
SP of three bananas = CP of five bananas = ₹ 5
Gain = SP – CP = ₹ (5 – 3) = ₹ 2 Question 10.
Solution:
(i) Loss = (CP) – (SP). Question 11.
Solution:
(i) False
Gain or loss is always reckoned on the cost price.
(ii) True
(iii) True
(iv) True

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