Profit is the gain made when selling something for more than its cost, loss is when it is sold for less, and percentage is a way of expressing these amounts as parts of a hundred. These concepts are used in business, shopping, and financial planning. Understanding profit, loss, and percentage helps students make smart decisions about money and understand discounts and deals. These Percentage, Profit, and Loss Questions for Grade 7 develop practical financial literacy skills. Students can attempt these 10 MCQs to check how well they can calculate and apply these concepts.
| Topic | Quiz |
|---|---|
| Algebraic Expressions | Quiz on Algebraic Expressions |
| Data Handling | Quiz on Data Handling |
| Simple Linear Equations | Quiz on Simple Linear Equations |
| Exponents and Powers | Quiz on Exponents and Powers |
| Fractions | Quiz on Fractions |
| Integers | Quiz on Integers |
| Mensuration | Quiz on Mensuration |
| Profit, Loss and Percentage | Quiz on Profit, Loss and Percentage |
| Ratio and Proportion | Quiz on Ratio and Proportion |
| Rational Numbers | Quiz on Rational Numbers |
| Symmetry and Visualising Solid Shapes | Quiz on Symmetry and Visualising Solid Shapes |
| Triangles | Quiz on Triangles |
