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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 402 · 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.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2430. What is the loss (in ₹)?
  2. 2.A fan bought for ₹1500 is sold for ₹1125. What is the loss per cent?
  3. 3.What is 30% of 320?
  4. 4.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1570. What is the profit (in ₹)?
  5. 5.What is 25% of 680?
  6. 6.What is the amount (principal + simple interest) on ₹4900 at 2% per year for 4 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹9300 at 4% per year for 4 years (in ₹)?
  8. 8.A cycle bought for ₹4000 is sold for ₹3400. What is the loss per cent?
  9. 9.What is the amount (principal + simple interest) on ₹3500 at 5% per year for 3 years (in ₹)?
  10. 10.A shopkeeper buys a cooler for ₹1550 and sells it for ₹1800. What is the profit (in ₹)?
  11. 11.A table costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
  12. 12.The price of a cricket ball changed from ₹400 to ₹200. What is the percentage decrease?
  13. 13.A shopkeeper buys a watch for ₹1350 and sells it for ₹1220. What is the loss (in ₹)?
  14. 14.A shopkeeper buys a cycle for ₹300 and sells it for ₹550. What is the profit (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹9200 at 3% per year for 5 years (in ₹)?
  16. 16.What is 10% of 360?
  17. 17.What is 85% of 60?
  18. 18.A sewing machine bought for ₹900 is sold for ₹540. What is the loss per cent?
  19. 19.What is the amount (principal + simple interest) on ₹7100 at 9% per year for 1 year (in ₹)?
  20. 20.What is 85% of 740?
  21. 21.A cycle costs ₹3500. It is sold at a 40% loss. What is the selling price (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹2500 at 10% per year for 3 years (in ₹)?
  23. 23.What is the simple interest on ₹7600 at 2% per year for 5 years (in ₹)?
  24. 24.A mobile phone costs ₹3600. It is sold at a 40% loss. What is the selling price (in ₹)?
  25. 25.A cycle bought for ₹3900 is sold for ₹4875. What is the profit per cent?
  26. 26.What is the simple interest on ₹600 at 12% per year for 2 years (in ₹)?
  27. 27.The price of a box of mangoes changed from ₹500 to ₹625. What is the percentage increase?
  28. 28.What is 35% of 200?
  29. 29.A cricket kit costs ₹1200. It is sold at a 50% profit. What is the selling price (in ₹)?
  30. 30.What is the simple interest on ₹600 at 9% per year for 1 year (in ₹)?
  31. 31.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹10. What is the loss (in ₹)?
  32. 32.What is the simple interest on ₹3900 at 2% per year for 3 years (in ₹)?
  33. 33.A mobile phone bought for ₹1400 is sold for ₹1260. What is the loss per cent?
  34. 34.What is the amount (principal + simple interest) on ₹1200 at 5% per year for 1 year (in ₹)?
  35. 35.What is 65% of 940?
  36. 36.A shopkeeper buys a fan for ₹1750 and sells it for ₹1640. What is the loss (in ₹)?
  37. 37.What is 70% of 560?
  38. 38.A sewing machine costs ₹3000. It is sold at a 12% loss. What is the selling price (in ₹)?
  39. 39.What is 75% of 80?
  40. 40.What is 85% of 220?

Answer key

  1. 70
  2. 25
  3. 96
  4. 120
  5. 170
  6. 5292
  7. 10788
  8. 15
  9. 4025
  10. 250
  11. 1700
  12. 50
  13. 130
  14. 250
  15. 10580
  16. 36
  17. 51
  18. 40
  19. 7739
  20. 629
  21. 2100
  22. 3250
  23. 760
  24. 2160
  25. 25
  26. 144
  27. 25
  28. 70
  29. 1800
  30. 54
  31. 190
  32. 234
  33. 10
  34. 1260
  35. 611
  36. 110
  37. 392
  38. 2640
  39. 60
  40. 187

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