ICSE /Class 7
Maths MCQ Based On Application to profit and loss
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ICSE Class 7 Maths Application to profit and loss
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CP-SP=Loss
SP-CP= Profit.
Find individual Selling price of both the cows using profit% and loss% and add to obtain total Selling price.
Let the original cost price be Rs.100.
first, calculate the CP of each rolling pen by using the given SP and loss percentage.
\\(\\frac{SP}{4}\\)=SP-CP,
Profit% = \\(\\frac{SP-CP}{CP}\\)\\(\\times \\)100
SP- CP= Profit
CP- SP= Loss
SP- CP= Profit or Loss, SP=marked price.
SP-CP= Profit or Loss.
\\(Profit percentage =\\frac{Profit}{CP}\\times 100\\).
SP-CP=Profit CP-SP=Loss
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