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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 345 · 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 amount (principal + simple interest) on ₹3400 at 3% per year for 1 year (in ₹)?
  2. 2.What is 40% of 760?
  3. 3.A shopkeeper buys a fan for ₹500 and sells it for ₹540. What is the profit (in ₹)?
  4. 4.A cooler bought for ₹500 is sold for ₹440. What is the loss per cent?
  5. 5.What is the amount (principal + simple interest) on ₹8800 at 9% per year for 1 year (in ₹)?
  6. 6.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹910. What is the profit (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2310. What is the loss (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹4800 at 9% per year for 4 years (in ₹)?
  9. 9.A mobile phone costs ₹1600. It is sold at a 10% profit. What is the selling price (in ₹)?
  10. 10.A fan bought for ₹2800 is sold for ₹4200. What is the profit per cent?
  11. 11.A cycle bought for ₹3000 is sold for ₹2850. What is the loss per cent?
  12. 12.What is the amount (principal + simple interest) on ₹8600 at 2% per year for 1 year (in ₹)?
  13. 13.The price of a box of mangoes changed from ₹20 to ₹19. What is the percentage decrease?
  14. 14.A cooler costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
  15. 15.What is 45% of 620?
  16. 16.What is the simple interest on ₹2500 at 12% per year for 1 year (in ₹)?
  17. 17.What is 85% of 500?
  18. 18.A sewing machine bought for ₹3100 is sold for ₹2728. What is the loss per cent?
  19. 19.What is the amount (principal + simple interest) on ₹5100 at 2% per year for 1 year (in ₹)?
  20. 20.A sewing machine costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
  21. 21.What is 45% of 40?
  22. 22.What is 60% of 540?
  23. 23.What is the amount (principal + simple interest) on ₹2000 at 12% per year for 3 years (in ₹)?
  24. 24.What is 45% of 760?
  25. 25.What is 80% of 660?
  26. 26.A shopkeeper buys a table for ₹2650 and sells it for ₹2750. What is the profit (in ₹)?
  27. 27.What is the simple interest on ₹4100 at 11% per year for 1 year (in ₹)?
  28. 28.What is 30% of 800?
  29. 29.What is the amount (principal + simple interest) on ₹9200 at 7% per year for 5 years (in ₹)?
  30. 30.A cycle bought for ₹2100 is sold for ₹1050. What is the loss per cent?
  31. 31.The price of a bus pass changed from ₹80 to ₹88. What is the percentage increase?
  32. 32.A shopkeeper buys a cooler for ₹2950 and sells it for ₹3190. What is the profit (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹2800 at 4% per year for 1 year (in ₹)?
  34. 34.A shopkeeper buys a cycle for ₹850 and sells it for ₹1090. What is the profit (in ₹)?
  35. 35.What is 95% of 800?
  36. 36.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1380. What is the loss (in ₹)?
  37. 37.A watch bought for ₹200 is sold for ₹260. What is the profit per cent?
  38. 38.A sewing machine bought for ₹3400 is sold for ₹1700. What is the loss per cent?
  39. 39.What is the simple interest on ₹6800 at 6% per year for 2 years (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 5 years (in ₹)?

Answer key

  1. 3502
  2. 304
  3. 40
  4. 12
  5. 9592
  6. 210
  7. 140
  8. 6528
  9. 1760
  10. 50
  11. 5
  12. 8772
  13. 5
  14. 440
  15. 279
  16. 300
  17. 425
  18. 12
  19. 5202
  20. 1600
  21. 18
  22. 324
  23. 2720
  24. 342
  25. 528
  26. 100
  27. 451
  28. 240
  29. 12420
  30. 50
  31. 10
  32. 240
  33. 2912
  34. 240
  35. 760
  36. 220
  37. 30
  38. 50
  39. 816
  40. 1725

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