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Kavita bought a sewing machine for ₹7500 and sold it for ₹8700. Find her profit percent.

Class 7Comparing QuantitiesComparing Quantities
  • A16%
  • B13.79%
  • C116%
  • D0.16%

Step-by-Step Solution

Profit = 8700 − 7500 = ₹1200. Profit % = . 13.79% is the classic trap of dividing by the selling price: . Profit % is always on the COST price. 116% is , which tells you the SP as a percent of the CP, not the profit. 0.16% forgets to multiply by 100.
Answer: A) 16%

Key idea: Profit and loss

**Profit** = SP − CP, when SP > CP. **Loss** = CP − SP, when CP > SP. Always positive — never write a negative profit; just call it a loss.

**Profit % .** **Loss % .** Both are calculated **on the cost price**, not the selling price.

Example: bought a pen for ₹40, sold for ₹50. Profit = ₹10. Profit % = .

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