Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 285 · 40 sums

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.

1. 1.A shopkeeper buys a fan for ₹2950 and sells it for ₹3160. What is the profit (in ₹)?
2. 2.A shopkeeper buys a sewing machine for ₹600 and sells it for ₹690. What is the profit (in ₹)?
3. 3.The price of a school bag changed from ₹40 to ₹38. What is the percentage decrease?
4. 4.A fan bought for ₹2500 is sold for ₹2375. What is the loss per cent?
5. 5.What is the simple interest on ₹6600 at 4% per year for 5 years (in ₹)?
6. 6.A fan bought for ₹1100 is sold for ₹770. What is the loss per cent?
7. 7.A cricket kit bought for ₹1600 is sold for ₹1408. What is the loss per cent?
8. 8.What is the simple interest on ₹2600 at 6% per year for 1 year (in ₹)?
9. 9.What is 30% of 460?
10. 10.A cricket kit costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
11. 11.What is the simple interest on ₹8800 at 8% per year for 4 years (in ₹)?
12. 12.What is the simple interest on ₹8500 at 10% per year for 2 years (in ₹)?
13. 13.What is the amount (principal + simple interest) on ₹1200 at 10% per year for 1 year (in ₹)?
14. 14.What is the simple interest on ₹6100 at 11% per year for 2 years (in ₹)?
15. 15.What is 95% of 980?
16. 16.A shopkeeper buys a watch for ₹2300 and sells it for ₹2340. What is the profit (in ₹)?
17. 17.What is the simple interest on ₹6600 at 6% per year for 5 years (in ₹)?
18. 18.A table bought for ₹2300 is sold for ₹2875. What is the profit per cent?
19. 19.A shopkeeper buys a table for ₹1200 and sells it for ₹1420. What is the profit (in ₹)?
20. 20.A cycle bought for ₹2600 is sold for ₹2470. What is the loss per cent?
21. 21.A fan costs ₹200. It is sold at a 40% profit. What is the selling price (in ₹)?
22. 22.What is the simple interest on ₹6600 at 7% per year for 2 years (in ₹)?
23. 23.The price of a bus pass changed from ₹50 to ₹40. What is the percentage decrease?
24. 24.A mobile phone costs ₹2700. It is sold at a 50% loss. What is the selling price (in ₹)?
25. 25.A shopkeeper buys a watch for ₹500 and sells it for ₹700. What is the profit (in ₹)?
26. 26.What is the simple interest on ₹6500 at 12% per year for 1 year (in ₹)?
27. 27.What is the amount (principal + simple interest) on ₹3200 at 12% per year for 5 years (in ₹)?
28. 28.What is the simple interest on ₹4100 at 10% per year for 4 years (in ₹)?
29. 29.The price of a bus pass changed from ₹80 to ₹20. What is the percentage decrease?
30. 30.What is 30% of 60?
31. 31.A cricket kit bought for ₹200 is sold for ₹280. What is the profit per cent?
32. 32.A cricket kit bought for ₹900 is sold for ₹1125. What is the profit per cent?
33. 33.What is the amount (principal + simple interest) on ₹9200 at 10% per year for 1 year (in ₹)?
34. 34.What is the simple interest on ₹3400 at 5% per year for 2 years (in ₹)?
35. 35.What is the simple interest on ₹8200 at 12% per year for 3 years (in ₹)?
36. 36.A watch costs ₹500. It is sold at a 40% profit. What is the selling price (in ₹)?
37. 37.The price of a pair of shoes changed from ₹20 to ₹5. What is the percentage decrease?
38. 38.What is the simple interest on ₹6600 at 3% per year for 1 year (in ₹)?
39. 39.A table costs ₹4000. It is sold at a 30% loss. What is the selling price (in ₹)?
40. 40.A cycle bought for ₹2800 is sold for ₹3360. What is the profit per cent?

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