NCERT Exemplar Solutions
Class 7 - Mathematics - Unit 7: Comparing Quantities - Fill in the BlanksQuestion 44
Class 7 - Mathematics - Unit 7: Comparing Quantities - Fill in the Blanks
Question. 44
If 20 lemons are bought for ₹ 10 and sold at 5 for three rupees, then ______ in the transaction is ______%.
Answer:
Profit in the transaction is 20%.
Detailed Answer with Explanation:
CP of 20 = 10. SP of 5 = 3 ⇒ SP of 20 = 12. Profit = 2. Profit% = 2/10 × 100 = 20%.