Refer to CBSE Class 7 Mathematics Profit and Loss MCQs provided below. CBSE Class 7 Mathematics MCQs with answers available in Pdf for free download. The MCQ Questions for Class 7 Mathematics with answers have been prepared as per the latest syllabus, CBSE books and examination pattern suggested in Class 7 by CBSE, NCERT and KVS. Multiple Choice Questions for Chapter 8 Comparing Quantities are an important part of exams for Class 7 Mathematics and if practiced properly can help you to get higher marks. Refer to more Chapter-wise MCQs for CBSE Class 7 Mathematics and also download more latest study material for all subjects
MCQ for Class 7 Mathematics Chapter 8 Comparing Quantities
Class 7 Mathematics students should refer to the following multiple-choice questions with answers for Chapter 8 Comparing Quantities in Class 7. These MCQ questions with answers for Class 7 Mathematics will come in exams and help you to score good marks
Chapter 8 Comparing Quantities MCQ Questions Class 7 Mathematics with Answers
Question: The money which is paid by the purchaser to buy an article is called
a) cost price
b) selling price
c) profit
d) loss
Answer: cost price
Question: The price at which an article is sold to the customer is called the
a) selling price
b) cost price
c) profit
d) loss
Answer: selling price
Question: If the S.P (selling price) of the article is more than its cost price, then the article is said to be sold
a) at a profit
b) at a loss
c) Both
Answer: at a profit
Question: If the selling price of the article is less than its cost price, then the article is said to be sold
a) at a loss
b) at a profit
c) Both
Answer: at a loss
Question: Overhead charges are always added to the
a) cost price
b) selling price
c) profit
d) loss
Answer: cost price
Question: Gain or loss is expressed as a percentage of
a) the cost price
b) The selling price
Answer: the cost price
Question: If the profit is given to be 30% it means if the cost price is Rs.100, the selling price is
a) Rs.130
b) Rs.30
c) Rs.100
Answer: Rs.130
Question: One dealer buys an article for Rs.100 and sells it for Rs.101, his profit is
a) Rs.1
b) Rs.100
c) Rs.110
d) Rs.10
Answer: Rs.1
Question: If cost price is Rs.500 and actual profit is Rs.25 then profit% is
a) 5%
b) 15%
c) 50%
Answer: 5%
Question: Shyam sold a book for Rs.120 at a profit of Rs.40, the cost price will be
a) Rs.80
b) Rs.160
c) Rs.140
Answer: Rs.80
Question: If C.P= Rs.30, SP=Rs.42 then there is a
a) profit of Rs.12
b) Profit of Rs.30
c) loss of Rs.12
Answer: profit of Rs.12
Question: When S.P= Rs.200, loss= Rs.40 then C.P is
a) Rs.240
b) Rs.160
c) Rs.200
Answer: Rs.240
Question: If the cost price Rs.100 and selling price is Rs.120 then the profit percent is
a) 20%
b) 30%
c) 40%
d) 10%
Answer: 20%
Question: Shyam sold a book for Rs.120 at a profit of Rs.40. His profit percent is
a) 50%
b) 40%
c) 60%
Answer: 50%
Question: If selling price is Rs.40 and loss= Rs.10 then cost price is
a) Rs.50
b) Rs.30
c) Rs.10
d) Rs.40
Answer: Rs.50
Question: Ram purchased a Janata Flat for Rs.8,50,000. He spent Rs.30,000 on repairs and white washing and then sold. The total C.P is
a) Rs. 8,80,000
b) Rs. 8,20,000
Answer: Rs. 8,80,000
Question: By selling a laptop for Rs.23,000, a dealer earns a profit of 15% its cost price is
a) Rs.20,000
b) Rs.15,000
c) Rs.38,000
Answer: Rs.20,000
Question: A fruit seller bought 150 dozen bananas at Rs.20 per dozen. His overhead expenses were Rs.200.
a) Rs.3,200
b) Rs.2800
c) Rs.3000
Answer: Rs.3,200
Question: If a shopkeeper sells a wrist- watch for Rs.720 makes a profit of 20%, its cost price is
a) Rs.600
b) Rs.720
c) Rs.500
d) Rs.740
Answer: Rs.600
Question: Neetu buys a dress for Rs.2000 and sells it at 10% loss. Its selling price is
a) Rs.1800
b) Rs.2000
c) Rs.1500
d) Rs.1600
Answer: Rs.1800
Question: Samar purchased a bicycle for Rs.4200, and spent Rs.800 on its repairs. He had to sell it for Rs.4500. Then there is a
a) loss of 10%
b) Gain of 10%
c) Gain of 30%
Answer: loss of 10%
Question: Jai bought a pen for Rs.70 and sold it for Rs.63. Then there is a
a) Loss of Rs.7
b) Profit of Rs.7
c) Profit of Rs.70
Answer: Loss of Rs.7
Question: By selling a refrigerator for Rs.16875, a profit of Rs.1875 is made then the cost price of the refrigerator is
a) Rs.15000
b) Rs.16000
c) Rs.14000
d) Rs.14500
Answer: Rs.15000
Question: The cost price of the shirt which is sold for Rs.150 at a loss of Rs.100.
a) 250
b) 350
c) 450
d) 550
Answer: 250
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CBSE Class 7 Mathematics Chapter 8 Comparing Quantities MCQs
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MCQs for Mathematics CBSE Class 7 Chapter 8 Comparing Quantities
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Chapter 8 Comparing Quantities MCQs Mathematics CBSE Class 7
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Chapter 8 Comparing Quantities CBSE Class 7 MCQs Mathematics
Regular MCQs practice helps to gain more practice in solving questions to obtain a more comprehensive understanding of Chapter 8 Comparing Quantities concepts. MCQs play an important role in developing understanding of Chapter 8 Comparing Quantities in CBSE Class 7. Students can download and save or print all the MCQs, printable assignments, practice sheets of the above chapter in Class 7 Mathematics in Pdf format from studiestoday. You can print or read them online on your computer or mobile or any other device. After solving these you should also refer to Class 7 Mathematics MCQ Test for the same chapter
CBSE MCQs Mathematics Class 7 Chapter 8 Comparing Quantities
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