NCERT Exemplar Solutions
Class 7 - Mathematics - Unit 7: Comparing Quantities - Fill in the Blanks
Question 40

Question. 40

Devangi buys a chair for ₹ 700 and sells it for ₹ 750. She earns a profit of ______ % in the transaction.

Answer:

She earns a profit of 7 1/7 %.

Detailed Answer with Explanation:

Profit = 50. CP = 700. Profit% = 50/700 × 100 = 7 1/7%.