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Objective:
By completing this worksheet, you will be able to:
𝟒
𝟓
𝟗𝟐%
𝟎. 𝟎𝟐𝟓
𝑃𝑟𝑜𝑓𝑖𝑡 𝐿𝑜𝑠𝑠
× 100% 𝑜𝑟 × 100%
𝐶𝑜𝑠𝑡 𝑃𝑟𝑖𝑐𝑒 𝐶𝑜𝑠𝑡 𝑃𝑟𝑖𝑐𝑒
Learn more about profit and loss from pages 113-114 of D3 7th Edition.
Watch the video using the given link for a better understanding of the topic.
https://www.khanacademy.org/math/in-in-class-7th-math-cbse/x939d838e80cf9307:comparing-
quantities/x939d838e80cf9307:profit-or-loss-as-a-percentage/v/intro-to-profit-and-loss-
comparing-quantities-class-7-india-math-khan-academy
https://www.khanacademy.org/math/in-in-class-7th-math-cbse/x939d838e80cf9307:comparing-
quantities/x939d838e80cf9307:profit-or-loss-as-a-percentage/v/finding-profit-percent-
comparing-quantities-class-7-india-math-khan-academy
Profit/Loss
Cost Price Selling Price Profit/Loss as percentage of the
cost price
(a) $50 $ 120
Working:
Q2. The profit on which is 15% of the cost price. If the profit is %150, find
(i) the cost price,
(ii) the selling price of the watch.
Q3. A company bought 15 iPads at a total of $10 000. If the company sold them at
$900 each, express the profit on the iPads as a percentage of
(i) the cost price
(ii) the selling price
Q4. A man buys a dozen cameras for $1800. He sells them at a profit of $36 each.
Express his profit as a percentage of his selling price.
2
Q5. Alia buys a calculator for $720 and sells it at a loss of 6 %. For how much does
3
she sell it?
Q6. A shopkeeper mixes 30kg of Brand A tea which costs #32 per kg with 20 kg of
Brand B tea which costs $35 per kg. He sells the mixture at $40 per kg. Find his loss or
profit as a percentage of his costs.
D3 – 7th Edition
Chapter 5 – Page 115
Exercise 5A Q 1- 7
Master your skills of calculating profit and loss by practicing more using the give
link.
https://www.khanacademy.org/math/in-in-class-7th-math-cbse/x939d838e80cf9307:comparing-
quantities/x939d838e80cf9307:profit-or-loss-as-a-percentage/e/profit-and-loss-percentages
https://www.khanacademy.org/math/in-in-class-7th-math-cbse/x939d838e80cf9307:comparing-
quantities/x939d838e80cf9307:profit-or-loss-as-a-percentage/e/profit-and-loss-word-problems-in