Profit, Loss and Discount — Formula Sheet

Key topics in Profit, Loss and Discount include Core Ideas and Definitions, Finding Profit or Loss Percent, Finding Selling Price from C.P. and Profit or Loss Percent, Equal Quantity Questions and Extra Costs. Study these first, then practise questions on each for Class 7 exams.

This sheet lists 3 formulas from Profit, Loss and Discount, grouped by topic. Learn what each symbol stands for so you can apply the formula, not just recall it.

Learn the core ideas first, then work through the 92 practice questions on Profit, Loss and Discount. Revise definitions regularly and use flashcards for quick recall before the exam.