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Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 129 · 40 sums
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The method (Out of 100): p% of a number = number × p ÷ 100. Profit = SP − CP; loss = CP − SP. Profit % (or loss %) = profit (or loss) ÷ CP × 100. Selling price at p% profit = CP + p% of CP; at p% loss = CP − p% of CP. Simple interest = P × R × T ÷ 100; amount = P + SI. % increase or decrease = change ÷ old value × 100.

NameDateTime takenScore ___ / 40
  1. 1.A cricket kit costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a watch for ₹1350 and sells it for ₹1380. What is the profit (in ₹)?
  3. 3.A shopkeeper buys a table for ₹1100 and sells it for ₹1330. What is the profit (in ₹)?
  4. 4.What is 25% of 360?
  5. 5.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹910. What is the profit (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹10000 at 7% per year for 3 years (in ₹)?
  7. 7.A shopkeeper buys a watch for ₹300 and sells it for ₹260. What is the loss (in ₹)?
  8. 8.What is 45% of 300?
  9. 9.What is 65% of 980?
  10. 10.A mobile phone costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹9800 at 3% per year for 3 years (in ₹)?
  12. 12.What is the simple interest on ₹2600 at 4% per year for 4 years (in ₹)?
  13. 13.A watch bought for ₹300 is sold for ₹270. What is the loss per cent?
  14. 14.What is 20% of 260?
  15. 15.The price of a water bottle changed from ₹80 to ₹20. What is the percentage decrease?
  16. 16.What is 90% of 40?
  17. 17.What is the amount (principal + simple interest) on ₹2100 at 11% per year for 2 years (in ₹)?
  18. 18.A sewing machine bought for ₹300 is sold for ₹270. What is the loss per cent?
  19. 19.What is the amount (principal + simple interest) on ₹5700 at 3% per year for 2 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹3000 at 8% per year for 5 years (in ₹)?
  21. 21.What is 45% of 160?
  22. 22.What is 65% of 260?
  23. 23.The price of a cricket ball changed from ₹80 to ₹84. What is the percentage increase?
  24. 24.A cycle bought for ₹2400 is sold for ₹2520. What is the profit per cent?
  25. 25.The price of a pair of shoes changed from ₹80 to ₹56. What is the percentage decrease?
  26. 26.A table bought for ₹1300 is sold for ₹1690. What is the profit per cent?
  27. 27.What is 60% of 540?
  28. 28.The price of a bus pass changed from ₹50 to ₹90. What is the percentage increase?
  29. 29.A cricket kit costs ₹1400. It is sold at a 15% profit. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹3060. What is the profit (in ₹)?
  31. 31.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1680. What is the profit (in ₹)?
  32. 32.A shopkeeper buys a table for ₹2150 and sells it for ₹2140. What is the loss (in ₹)?
  33. 33.A shopkeeper buys a mobile phone for ₹1950 and sells it for ₹2250. What is the profit (in ₹)?
  34. 34.What is 10% of 940?
  35. 35.A fan bought for ₹2000 is sold for ₹2200. What is the profit per cent?
  36. 36.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2390. What is the profit (in ₹)?
  37. 37.What is 20% of 640?
  38. 38.A cricket kit bought for ₹4000 is sold for ₹3800. What is the loss per cent?
  39. 39.A mobile phone costs ₹1800. It is sold at a 20% profit. What is the selling price (in ₹)?
  40. 40.The price of a bus pass changed from ₹100 to ₹110. What is the percentage increase?

Answer key

  1. 5250
  2. 30
  3. 230
  4. 90
  5. 160
  6. 12100
  7. 40
  8. 135
  9. 637
  10. 440
  11. 10682
  12. 416
  13. 10
  14. 52
  15. 75
  16. 36
  17. 2562
  18. 10
  19. 6042
  20. 4200
  21. 72
  22. 169
  23. 5
  24. 5
  25. 30
  26. 30
  27. 324
  28. 80
  29. 1610
  30. 210
  31. 80
  32. 10
  33. 300
  34. 94
  35. 10
  36. 90
  37. 128
  38. 5
  39. 2160
  40. 10

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