**Rd Sharma Solutions Class 7 Chapter 12 Profit and Loss**

Welcome to NCTB Solution. Here with this post we are going to help 7th class students for the Solutions of Rd Sharma Class 7 Mathematics, Chapter 12, Profit and Loss. Here students can easily find Exercise wise solution for chapter 12, Profit and Loss. Students will find proper solutions for Exercise 12.1. Our teachers solved every problem with easily understandable methods so that every students can understand easily. Here all solutions are based on the CBSE latest curriculum.

**Profit and Loss Exercise 12.1 Solution**

**Question no – (1)**

**Solution : **

**(i)** Here, we have,

Cost Price (C.P) = Rs 1200,

Selling Price (S.P) = Rs 1350,

Profit/Loss = ?

**∴** Profit = 1350 – 1200

= 150

**(ii)** Here, we have,

Cost Price (C.P) = Rs 980,

Selling Price (S.P) = Rs 940,

Profit/Loss = ?

**∴** Loss = 980 – 940

= 20

**(iii)** Here, we have,

Cost Price (C.P) = Rs 720,

Selling Price (S.P) = ?,

Profit = Rs 55.50

**∴** Selling Price (S.P)

= 720 + 55.50

= 775.50

**(iv)** Here, we have,

Cost Price (C.P) = ?,

Selling Price (S.P) = 1254,

Loss = Rs 32

**∴** Cost Price (C.P)

= 1254 + 32

= 1286

**Question no – (2) **

**Solution : **

**(i)** C.P.= Rs 1265, S.P.= Rs 1253, Loss = __Rs 12__

Explanation :

Cost Price (C.P) = Rs 1265,

Selling Price (S.P)= Rs 1253

**∴** Loss = 1255 – 1253

= 12

**(ii)** C. P = __Rs 300__, S.P. = Rs 450. Profit = Rs 150

Explanation :

Selling Price (S.P) = Rs 450.

Profit = Rs 150

Cost Price (C.P) = ?

**∴** Cost Price (C.P),

= 450 – 150

= 300

**(iii)** C.P. = Rs 3355, S.P. = Rs 7355, Profit = __Rs 4000__

Explanation :

Cost Price (C.P) = Rs 3355,

Selling Price (S.P) = Rs 7355,

Profit = Rs ?

**∴** Profit = 7355 – 3355

= 4000

**(iv)** C.P. = __Rs 2395.50__, S.P. = Rs 2390, loss = Rs 32

Explanation :

Selling Price (S.P) = Rs 2390,

loss = Rs 32

Cost Price (C.P) = ?

**∴** Cost Price (C.P)

= 2390 + 5.50

= 2395.50

**Question no – (3) **

**Solution :**

**(i)** Here, we have,

Cost Price (C.P) = Rs 4560,

Selling Price (S.P) = Rs 5000

**∴** Profit,

= (500 – 4560)/5560 × 100%

= 440/5360 × 100

= 9.65%

Hence, the Profit will be 9.65%

**(ii)** Here, we have,

Cost Price (C.P) = Rs 2600,

Selling Price (S.P) = Rs 2470

**∴** Loss %,

= 2600 – 2470/2600 × 100

= 130/2600 × 100

= 5%

Thus, the loss percent will be 5%

**(iii)** Here, we have,

Cost Price (C.P) = Rs 332,

Selling Price (S.P) = Rs 350

**∴** Profit,

= 350 – 332/332 × 100

= (18/332 × 100)%

= 5.42%

Hence, the profit will be 5.42%

**(iv)** Here, we have,

Cost Price (C.P) = Rs 1500,

Selling Price (S.P) = Rs 1500

**∴** Profit,

= 1500 – 1500

= 0

Therefore, not profit not loss.

**Question no – (4) **

**Solution :**

**(i)** According to the question,

Cost Price (C.P) = Rs 4000

Gain = Rs 40.

**∴** Gain%,

= 40/4000 × 100

= 1%

Therefore, gain percent will be 1%.

**(ii)** Given in the question,

Selling Price (S.P) = Rs 1272

loss = Rs 328

**∴** Cost Price (C.P) = 1272 + 328

= 1600

**∴** Loss% |

= 328/1600 × 100

= 20.5%

The0refore, the loss percent is 20.5%

**(iii)** From the question we get,

Selling Price (S.P) = Rs 1820

Gain = Rs 420.

**∴** Cost Price (C.P)

= 1820 – 420

= 1400

**∴** Gain% will be,

= (420/1400 × 100)%

= 30%

Thus, the gain percent will be 30%.

**Question no – (5) **

**Solution : **

**(i)** Here, we have,

Cost Price (C.P.) = Rs 2300,

Overhead expenses = Rs 300 and

Gain = Rs 260.

**∴ **Cost Price (C.P)

= 2300 + 300

= 2600

**∴** Gain%

= (2600/2600 × 100)

= 10%

**(ii)** Here, we have,

Cost Price (C.P) = Rs 3500,

Overhead expenses = Rs 150

Loss = Rs 146

**∴** Cost Price (C.P),

= 3500 + 150

= 3650

**∴** Loss% = 146/3650 × 100

= 4%

**Question no – (6) **

**Solution : **

Total Cost Price (C.P)

= 600 × 250 + 1000

= 150000 + 1000

= 1,15,000

**∴** His Profit,

= 7 × 151000/100

= 10570

**∴** And the selling price is,

= Rs 151000 + 10570

= 161570

Therefore, total profit will be Rs. 10570 and the selling price of rice will be Rs. 161570

**Question no – (7) **

**Solution : **

Price of 4 dozen pencil,

= 10.80 × 4

= 43.20

We know,

4 dozen = 48 piece

**∴** Selling price,

= 48 × 80

= 38.40

**∴** Loss,

= 43.20 – 38.40

= 4.8

**∴** Loss %,

= 4.8/43.20 × 100

= 48 × 100/4320 × 10/× 100

= 100/9%

= 11.111%

Therefore, Naresh loss percent will be 11.111%

**Question no – (8) **

**Solution : **

Price of one orange,

= 26/12

= 13/6

**∴** Costing price for 5 orange,

= 13/6 × 5

= 65/6

Selling price = 13

**∴** Profit = 13 – 65/6

= 78 – 65/6

= 13/6

**∴** Profit percent,

= (13/6/65/6 × 100) %

= (13/65 × 100) %

= 20%

Thus, Vendor’s gain percent will be 20%

**Question no – (9) **

**Solution : **

First, Costing price,

= 365000 + 135000

= 500,000

Now, the Selling price = 5,50,000

Profit = 50000

**∴** Profit percentage,

= 50000/500,000 × 100

= 10%

Therefore, Mr. Virmani’s gain percent will be 10%

**Question no – (10) **

**Solution : **

As per the question,

Costing price of the watch = Rs 840

Selling price of the watch = Rs 910

**∴** Profit,

= 910 – 840 Rs

= 70 Rs

**∴** Profit percentage,

= 70/840 × 100

= 25/3%

Thus, Shikha’s profit percent will be 25/3%.

**Question no – (11) **

**Solution : **

As per the question we know,

Cost price = 120

Profit = 10%

**∴** Gain,

= 10/100 × 120

= 12

**∴** Selling price,

= 120 + 12

= 132

Therefore, the selling piece of the toy will be Rs. 132

**Question no – (12) **

**Solution :**

According to the question,

Costing price for each banana = 135/50

∴ Profit = 20 × 135/50 × 45/ × 100

= 20 × 135 × 45/ 50 × 100

= 2430/100

= 24.3 per each

**∴** Selling price,

= 135 + 24.3

= 159.3

**∴** He should sell per dozen,

= 159.3/45

= 3.6 per dozen

Therefore, Harish will need to sell remaining bananas at 3.6 per dozen.

**Question no – (13) **

**Solution :**

**∴ **Costing price,

= 50 × 6.4

= 320

**∴ **Broken egg price,

= 20 × 55

= 1100

**∴ **Selling price,

= 50 × 12 × 59 – 1100

= 33,000 – 1100

= 31900 paise

= ₹ 319

So she losses,

**∴ **Loss% = (1/320 × 100)

= 10/32%

= 5/6%

Therefore, her loss percent is 5/6%

**Question no – (15) **

**Solution :**

Selling Price (S.P.) = 230

Let, profit = x

**∴** x/230 – x × 100 = 15

= 230 × 15 – 15x = 100x

= 100x + 15x = 230 × 15

= x = 230 × 15/115

= x = 30

**∴** Profit = 30

**∴** Cost price,

= (230 – 30)

= 200

Thus, Rs. 200 is the C.P. and the actual profit is Rs. 30

**Question no – (16) **

**Solution :**

In the given question,

Profit = 10%

Cost Price = 200

**∴** Profit,

= (10/100 × 200)

= 20

**∴** He sells it for

= (200 + 20)

= 220

Therefore, he sell the at Rs. 220

**Question no – (18) **

**Solution :**

Let profit = x

**∴** x/240 – x × 100 = 20

= 10x = 24 × 20 – 20x

= 100x + 20x = 240 × 20

= x = 240 × 20/120

= 40

**∴** Profit = 40

**∴** Cost price,

= (240 – 40)

= 200

If the man sold it for 275 then, Profit,

= 275 – 200/200 × 100

= (75/200 × 100) %

= 37.5%

Therefore, his profit will be 37.5%

**Next chapter solution : **

👉 Chapter 13 👈