ICSE /Class 7
Maths MCQ Based On
Application to profit and loss
Our free online Maths test quiz for Class 7, ICSE will assist you to improve your Maths skills on every concept in a fun interactive way.
Happy students
Awesome classes
ICSE Class 7 Maths Application to profit and loss

Let Selling Price = 3x and Cost Price = 4x
Make equations of the above problem then solve accordingly.
\\(Profit percentage =\\frac{Profit}{CP}\\times 100\\).
SP CP= Profit or Loss, SP=marked price.
Loss% = \\(\\frac{loss}{CP}\\)\\(\\times\\) 100
set up an equation between the selling price and the retail price after the discount.
Find individual Selling price of both the cows using profit% and loss% and add to obtain total Selling price.
CPSP=Loss
SPCP= Profit.
Profit = SPCP
Find Selling price and Cost Price of 1 lemon,
Use Profit% = \\(\\frac{Profit}{CP}\\)\\(\\times \\)100
At JustTutors, we believe in the power of digital technology to help students get personalized learning and attention from India's bestinclass science, english and math tutors. We are focused on creating a topclass elearning platform that brings together the best teachers, technology, media, content for creating a seamless and worldclass experience for every student.