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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 265 · 40 sums
TalentJR

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.What is the simple interest on ₹4500 at 6% per year for 2 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 2 years (in ₹)?
  3. 3.A watch bought for ₹3800 is sold for ₹3610. What is the loss per cent?
  4. 4.What is 95% of 560?
  5. 5.What is the amount (principal + simple interest) on ₹2000 at 7% per year for 5 years (in ₹)?
  6. 6.A shopkeeper buys a cycle for ₹300 and sells it for ₹170. What is the loss (in ₹)?
  7. 7.What is the simple interest on ₹1000 at 10% per year for 2 years (in ₹)?
  8. 8.A sewing machine costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
  9. 9.What is the simple interest on ₹2000 at 5% per year for 2 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹8700 at 12% per year for 4 years (in ₹)?
  11. 11.What is 85% of 680?
  12. 12.A sewing machine costs ₹2000. It is sold at a 25% loss. What is the selling price (in ₹)?
  13. 13.What is 25% of 60?
  14. 14.What is the amount (principal + simple interest) on ₹1900 at 2% per year for 2 years (in ₹)?
  15. 15.What is the simple interest on ₹3300 at 2% per year for 2 years (in ₹)?
  16. 16.A watch costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
  17. 17.What is 65% of 920?
  18. 18.A cricket kit costs ₹3700. It is sold at a 10% profit. What is the selling price (in ₹)?
  19. 19.What is 20% of 320?
  20. 20.What is 40% of 560?
  21. 21.What is 65% of 560?
  22. 22.What is the amount (principal + simple interest) on ₹1000 at 10% per year for 4 years (in ₹)?
  23. 23.A watch bought for ₹1000 is sold for ₹1250. What is the profit per cent?
  24. 24.What is the amount (principal + simple interest) on ₹5800 at 7% per year for 3 years (in ₹)?
  25. 25.A mobile phone costs ₹600. It is sold at a 40% loss. What is the selling price (in ₹)?
  26. 26.What is 60% of 480?
  27. 27.A shopkeeper buys a cycle for ₹850 and sells it for ₹790. What is the loss (in ₹)?
  28. 28.A watch bought for ₹2400 is sold for ₹1800. What is the loss per cent?
  29. 29.What is 75% of 920?
  30. 30.What is 70% of 380?
  31. 31.What is the simple interest on ₹1400 at 8% per year for 3 years (in ₹)?
  32. 32.What is 20% of 920?
  33. 33.A shopkeeper buys a cooler for ₹550 and sells it for ₹650. What is the profit (in ₹)?
  34. 34.What is the simple interest on ₹2900 at 3% per year for 1 year (in ₹)?
  35. 35.What is the simple interest on ₹1300 at 2% per year for 5 years (in ₹)?
  36. 36.What is 60% of 320?
  37. 37.A cricket kit costs ₹2700. It is sold at a 5% profit. What is the selling price (in ₹)?
  38. 38.A fan bought for ₹1700 is sold for ₹2380. What is the profit per cent?
  39. 39.The price of a box of mangoes changed from ₹40 to ₹24. What is the percentage decrease?
  40. 40.What is the simple interest on ₹2700 at 2% per year for 3 years (in ₹)?

Answer key

  1. 540
  2. 5408
  3. 5
  4. 532
  5. 2700
  6. 130
  7. 200
  8. 1700
  9. 200
  10. 12876
  11. 578
  12. 1500
  13. 15
  14. 1976
  15. 132
  16. 1045
  17. 598
  18. 4070
  19. 64
  20. 224
  21. 364
  22. 1400
  23. 25
  24. 7018
  25. 360
  26. 288
  27. 60
  28. 25
  29. 690
  30. 266
  31. 336
  32. 184
  33. 100
  34. 87
  35. 130
  36. 192
  37. 2835
  38. 40
  39. 40
  40. 162

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