Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 332 · 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 cricket kit bought for ₹1300 is sold for ₹1495. What is the profit per cent?
2. 2.What is the amount (principal + simple interest) on ₹2700 at 2% per year for 5 years (in ₹)?
3. 3.What is the simple interest on ₹9600 at 12% per year for 5 years (in ₹)?
4. 4.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1420. What is the profit (in ₹)?
5. 5.What is 60% of 620?
6. 6.A shopkeeper buys a table for ₹550 and sells it for ₹620. What is the profit (in ₹)?
7. 7.A shopkeeper buys a cycle for ₹850 and sells it for ₹990. What is the profit (in ₹)?
8. 8.What is 35% of 520?
9. 9.A shopkeeper buys a watch for ₹2650 and sells it for ₹2850. What is the profit (in ₹)?
10. 10.A shopkeeper buys a mobile phone for ₹2600 and sells it for ₹2650. What is the profit (in ₹)?
11. 11.A cricket kit costs ₹1700. It is sold at a 40% loss. What is the selling price (in ₹)?
12. 12.A cricket kit costs ₹3400. It is sold at a 40% profit. What is the selling price (in ₹)?
13. 13.A watch bought for ₹3800 is sold for ₹2850. What is the loss per cent?
14. 14.What is the simple interest on ₹2200 at 4% per year for 3 years (in ₹)?
15. 15.What is 5% of 500?
16. 16.The price of a bus pass changed from ₹200 to ₹320. What is the percentage increase?
17. 17.A shopkeeper buys a fan for ₹2450 and sells it for ₹2300. What is the loss (in ₹)?
18. 18.A shopkeeper buys a cooler for ₹3000 and sells it for ₹3120. What is the profit (in ₹)?
19. 19.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1250. What is the loss (in ₹)?
20. 20.What is the simple interest on ₹1800 at 8% per year for 1 year (in ₹)?
21. 21.What is the amount (principal + simple interest) on ₹9000 at 11% per year for 3 years (in ₹)?
22. 22.A cycle costs ₹300. It is sold at a 10% loss. What is the selling price (in ₹)?
23. 23.A fan bought for ₹500 is sold for ₹425. What is the loss per cent?
24. 24.What is the simple interest on ₹7700 at 8% per year for 3 years (in ₹)?
25. 25.What is the simple interest on ₹800 at 3% per year for 2 years (in ₹)?
26. 26.A watch bought for ₹500 is sold for ₹440. What is the loss per cent?
27. 27.A shopkeeper buys a watch for ₹550 and sells it for ₹520. What is the loss (in ₹)?
28. 28.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2810. What is the profit (in ₹)?
29. 29.A shopkeeper buys a cooler for ₹2850 and sells it for ₹2590. What is the loss (in ₹)?
30. 30.A shopkeeper buys a fan for ₹450 and sells it for ₹340. What is the loss (in ₹)?
31. 31.What is 75% of 760?
32. 32.The price of a cricket ball changed from ₹20 to ₹14. What is the percentage decrease?
33. 33.The price of a school bag changed from ₹400 to ₹392. What is the percentage decrease?
34. 34.The price of a school bag changed from ₹50 to ₹65. What is the percentage increase?
35. 35.A shopkeeper buys a cricket kit for ₹250 and sells it for ₹240. What is the loss (in ₹)?
36. 36.What is the amount (principal + simple interest) on ₹8500 at 10% per year for 5 years (in ₹)?
37. 37.What is 25% of 920?
38. 38.What is the simple interest on ₹9700 at 3% per year for 5 years (in ₹)?
39. 39.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1770. What is the loss (in ₹)?
40. 40.What is the simple interest on ₹6000 at 11% per year for 1 year (in ₹)?

Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets