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Creative questions on Profit and Loss for class seven

                          Chapter-2.2

  1. If a shopkeeper bought 30 meters of cloth at a particular price. Again he sold 20 meter of cloth at that particular price.
a)      What is the percentage of profit of the shopkeeper?
b)      The shopkeeper sold 30 meter cloth at 612 taka and the lose is 15%.At what price if he sold the cloth he would get the profit at the rate of ‘a’.
c)      If the shopkeeper sell the cloth at 10% commission he get profit at the rate 20%..What extra tk will have to be added with the cost price?

  1. Tareq Mia is a small mango business man.For much profit besides he sells amloki.He bought  10 amloki at the rate of tk 1.Total he bought 320 amloki and sold 8 amloki at the rate of tk 1.
a)      What is the cost price of all amlokies and what is the selling price of all amlokies?
b)      What is his profit in percentage?

c)      If 25% amloki is damaged at the time of transportation. Then how many amloki he will have to sell at the rate of Tk. 1 so that his profit will not decrees.
  1.  Nilim is a service holder. His monthly basic pay is Tk. 22,250. The income tax of one lac eighthly thousand taka of first slab of annual income is 0 taka. The rate of income tax of next annual income slab is Tk. 10.
a)      What is the annual income of Nilim?
b)      What is the amount of his taxable money? How much taka did he have to pay as income tax?
c)      What percentage of his total income does he have to pay as tax?
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  1. Mr. Rahim is a cloth merchant. He bought per meter of cloth at the rate of Tk. 125 from the wholesale market and sold it at the rate of Tk. 150 per meter. He gained Tk. 2000 as profit.

a)      If Mr. Rahim bought x meter of clothe, then express the cost of price through x.
b)      How many meter of cloth did he buy?
c)      If he bought cloth at the rate of Tk. 125 and then sold it at the rate of Tk. 115, what is the percentage of his loss?
  1. A person bought 500 litchis at the rate 250 per hundred. He sold half at the rate of 280 per hundred. Again , he sold one fifth of remaining litchis at Tk. 200 .
a)      Determine the cost price of the litchis .
b)      Determine the total selling price.
c)      What is the percentage of profit or loss of litchis?
  1. A tea seller buys one box of tea leaves at the rate of Tk. 80 per kg. Selling the whole tea leaves at the rate of Tk. 95 per kg, he gained profit of Tk. 750.
a)      What is the profit of per kg of tea leaves?
b)      How many kgs of tea leaves did he buy?
c)      What is the percentage of his profit?
  1. A fish seller bought four hilsha fishes at Tk. 1600, he sold each hilsha at Tk. 350. He bought total 12 Hilshas.
a)      What is the total cost price of the fishes?
b)      What is the percentage of his profit or loss?
c)      If he sells fish at two times more profit that the obtained rate , how many extra fishes can be bought with the obtained profit?
  1. The buying price of 8 amloki is Tk. 5 and the selling price of  6 amloki is Tk. 5.
a)      What is the cost and selling price of 1 amloki?
b)      Find out the percentage of profit of the seller.
c)      Buying 15 amloki , if a person sells those at the same rate of profit obtained from ‘b’, How many amlok is he would sell at Tk. 1?
  1. 5% fruits of fruit seller is rotten and 5% is spoiled at the time of transportation.
a)      If he would buy fruit of 10000 Tk. How much would his loss?
b)      At what percent of profit he will sell the rest of the fruits , if he wants to gain 20 % profit in average ?
c)      If he declared a 20 % commission on selling price so that he may gain 25 % profit in average, what will be his selling price and what will be the percentage of extra selling price?
  1. A person bought some bananas at the rate of 15 taka per dozen and again he bought some bananas at the rate of Tk. 10 per dozen. He sold all the bananas at the rate of Tk. 14 per dozen.
a)      If he would sell 1st kind of bananas at the rate of 14 taka per dozen, then what would be his less on each banana?
b)      If he would sell 2nd  kind of bananas at the rate of 14 taka per dozen, then what would be his profit on each banana?
c)      If he combined all bananas and sold those at the rate of 14 taka per dozen,  what would his percentage of profit or loss?


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1 Comments

  1. Good content. Just wanted to make sure if this copied from a Guide Book or not. (: By the way, I would encourage you to standardize your English writing skills and webpage editing skills. Some questions just don't have that "user-friendliness" that standard webpages have. Increase the quality of your work, improve your pronunciation skills. I'm sure you'll achieve a big position worldwide, no joke. Also, your money-earning skill is great! Viewers just have to click on 3+ ads and you get money! Ah, Google AdSense is the best... 0:-)

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