Profit and Loss is a very important topic in Class 12 Mathematics. It helps students understand how to calculate gains and losses in real-life situations, especially in business or daily transactions. The chapter deals with key concepts such as cost price, selling price, profit percentage, loss percentage, and discount. Learning these ideas not only helps in exams but also builds practical knowledge for managing money. The RD Sharma Class 12 Solutions for Profit and Loss make it easier for students to understand these concepts. These solutions are explained step-by-step using simple language and clear methods. They follow the latest CBSE syllabus and help students practice all types of questions — from basic to advanced levels. Whether it’s finding profit or calculating a discount, the solutions guide students in solving every question with confidence.
These solutions are ideal for students who want to strengthen their problem-solving skills and improve their accuracy. They are also great for quick revisions before exams. Each solution is designed to help students learn the right formulas and apply them correctly in different situations. By practicing regularly with RD Sharma Solutions, students will not only score better in board exams but also gain confidence in handling practical financial problems. This chapter is also helpful for competitive exams like JEE and NDA, where basic arithmetic and profit-loss concepts are tested.
In short, RD Sharma’s Profit and Loss solutions are a complete package for Class 12 students — simple, reliable, and highly useful for both academic success and real-world application.
Do Check: RD Sharma Solutions for Class 7 Maths
Download RD Sharma Solutions for Class 7 Maths Chapter 12 Profit and Loss PDF Here
If you're looking for a simple and clear way to understand Profit and Loss in Class 7 Maths, you can download the RD Sharma Solutions for Chapter 12 right here. This PDF includes step-by-step answers to all textbook questions, explained in an easy-to-understand manner. Whether you're struggling with concepts like cost price, selling price, profit percentage, or loss percentage, this resource will help you practice and revise with confidence. It follows the latest CBSE syllabus and is perfect for exam preparation and daily homework support.
Access Answers to RD Sharma Solutions for Class 7 Maths Chapter 12 Profit and Loss
Exercise 12.1 - Page No: 12.8
Question 1: Find the missing values based on given Cost Price (CP), Selling Price (SP), Profit or Loss
(i) CP = Rs. 1200, SP = Rs. 1350
Answer: Since SP > CP, it is a profit.
Profit = SP - CP = 1350 - 1200 = Rs. 150
(ii) CP = Rs. 980, SP = Rs. 940
Answer: Since CP > SP, it is a loss.
Loss = CP - SP = 980 - 940 = Rs. 40
(iii) CP = Rs. 720, Profit = Rs. 55.50
Answer:
SP = CP + Profit = 720 + 55.50 = Rs. 775.50
(iv) SP = Rs. 1254, Loss = Rs. 32
Answer:
CP = SP + Loss = 1254 + 32 = Rs. 1286
Question 2: Fill in the blanks
(i) CP = Rs. 1265, SP = Rs. 1253
Answer: Loss = CP - SP = 1265 - 1253 = Rs. 12
(ii) SP = Rs. 450, Profit = Rs. 150
Answer: CP = SP - Profit = 450 - 150 = Rs. 300
(iii) CP = Rs. 3355, SP = Rs. 7355
Answer: Profit = SP - CP = 7355 - 3355 = Rs. 4000
(iv) SP = Rs. 2390, Loss = Rs. 5.50
Answer: CP = SP + Loss = 2390 + 5.50 = Rs. 2395.50
Question 3: Find Profit or Loss and Percent
(i) CP = Rs. 4560, SP = Rs. 5000
Answer:
Profit = 5000 - 4560 = Rs. 440
Profit% = (440/4560) × 100 = 9.65%
(ii) CP = Rs. 2600, SP = Rs. 2470
Answer:
Loss = 2600 - 2470 = Rs. 130
Loss% = (130/2600) × 100 = 5%
(iii) CP = Rs. 332, SP = Rs. 350
Answer:
Profit = 350 - 332 = Rs. 18
Profit% = (18/332) × 100 = 5.4%
(iv) CP = Rs. 1500, SP = Rs. 1500
Answer: No profit, no loss as CP = SP
Question 4: Find Gain or Loss Percentage
(i) CP = Rs. 4000, Gain = Rs. 40
Answer: Gain% = (40/4000) × 100 = 1%
(ii) SP = Rs. 1272, Loss = Rs. 328
Answer:
CP = SP + Loss = 1272 + 328 = Rs. 1600
Loss% = (328/1600) × 100 = 20.5%
(iii) SP = Rs. 1820, Gain = Rs. 420
Answer:
CP = SP - Gain = 1820 - 420 = Rs. 1400
Gain% = (420/1400) × 100 = 30%
Question 5: Gain or Loss % with Overhead Expenses
(i) CP = Rs. 2300, Overhead = Rs. 300, Gain = Rs. 260
Answer:
Total Cost = 2300 + 300 = Rs. 2600
Gain% = (260/2600) × 100 = 10%
(ii) CP = Rs. 3500, Overhead = Rs. 150, Loss = Rs. 146
Answer:
Total Cost = 3500 + 150 = Rs. 3650
Loss% = (146/3650) × 100 = 4%