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# Devangi buys a chair for ₹700 and sells it for ₹750. She earns a profit of ________ % in the transaction. Fill in the blanks to make the statement true.

**Solution:**

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

We have to fill in the blanks to make the statement true.

According to the question,

__CP__ = ₹700

SP = ₹750

We know, Profit = __SP__ - CP

= 750 - 700

Profit = ₹50

We know, Profit% = Profit/CP × 100

= 50/700 ×100

= 50/7

= 7 1/7%

Therefore, profit% = 7 1/7%

**✦ Try This: **Shivani buys a wooden cot for ₹7800 and sells it for ₹8000. She earns a profit of ________ % in the transaction. Fill in the blanks to make the statement true.

**☛ Also Check: **NCERT Solutions for Class 7 Maths Chapter 8

**NCERT Exemplar Class 7 Maths Chapter 7 Problem 40**

## Devangi buys a chair for ₹700 and sells it for ₹750. She earns a profit of ________ % in the transaction. Fill in the blanks to make the statement true

**Summary:**

Devangi buys a chair for ₹700 and sells it for ₹750. She earns a profit of 7 1/7% in the transaction.

**☛ Related Questions:**

- Sonal bought a bed sheet for ₹400 and sold it for ₹440. Her ________% is ________. Fill in the blank . . . .
- Nasim bought a pen for ₹60 and sold it for ₹54. His ________% is ________. Fill in the blanks to mak . . . .
- Aahuti purchased a house for ₹50,59,700 and spent ₹40300 on its repairs. To make a profit of 5%, she . . . .

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