Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 418 · 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 table for ₹550 and sells it for ₹840. What is the profit (in ₹)?
2. 2.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2790. What is the profit (in ₹)?
3. 3.What is the amount (principal + simple interest) on ₹7600 at 3% per year for 4 years (in ₹)?
4. 4.A fan bought for ₹400 is sold for ₹360. What is the loss per cent?
5. 5.A cooler bought for ₹400 is sold for ₹500. What is the profit per cent?
6. 6.A sewing machine costs ₹1400. It is sold at a 40% loss. What is the selling price (in ₹)?
7. 7.What is the simple interest on ₹7300 at 2% per year for 1 year (in ₹)?
8. 8.What is 35% of 500?
9. 9.What is the simple interest on ₹1700 at 10% per year for 4 years (in ₹)?
10. 10.What is 35% of 640?
11. 11.The price of a school bag changed from ₹50 to ₹70. What is the percentage increase?
12. 12.What is 80% of 900?
13. 13.What is the amount (principal + simple interest) on ₹7800 at 9% per year for 1 year (in ₹)?
14. 14.A mobile phone costs ₹2500. It is sold at a 30% loss. What is the selling price (in ₹)?
15. 15.The price of a bus pass changed from ₹250 to ₹450. What is the percentage increase?
16. 16.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 3 years (in ₹)?
17. 17.The price of a cricket ball changed from ₹400 to ₹520. What is the percentage increase?
18. 18.A sewing machine bought for ₹500 is sold for ₹750. What is the profit per cent?
19. 19.A cycle bought for ₹2600 is sold for ₹3900. What is the profit per cent?
20. 20.The price of a cricket ball changed from ₹100 to ₹101. What is the percentage increase?
21. 21.A shopkeeper buys a cycle for ₹350 and sells it for ₹510. What is the profit (in ₹)?
22. 22.A shopkeeper buys a fan for ₹2450 and sells it for ₹2270. What is the loss (in ₹)?
23. 23.What is the amount (principal + simple interest) on ₹1900 at 11% per year for 3 years (in ₹)?
24. 24.A fan bought for ₹3900 is sold for ₹3510. What is the loss per cent?
25. 25.A cricket kit costs ₹4000. It is sold at a 50% profit. What is the selling price (in ₹)?
26. 26.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹1070. What is the profit (in ₹)?
27. 27.The price of a water bottle changed from ₹250 to ₹225. What is the percentage decrease?
28. 28.What is the simple interest on ₹7500 at 7% per year for 5 years (in ₹)?
29. 29.A watch bought for ₹600 is sold for ₹570. What is the loss per cent?
30. 30.A mobile phone bought for ₹3800 is sold for ₹4560. What is the profit per cent?
31. 31.A shopkeeper buys a cricket kit for ₹2100 and sells it for ₹2050. What is the loss (in ₹)?
32. 32.The price of a box of mangoes changed from ₹250 to ₹25. What is the percentage decrease?
33. 33.What is 60% of 560?
34. 34.What is 90% of 300?
35. 35.What is the amount (principal + simple interest) on ₹4000 at 7% per year for 3 years (in ₹)?
36. 36.The price of a bus pass changed from ₹40 to ₹52. What is the percentage increase?
37. 37.What is the amount (principal + simple interest) on ₹2200 at 6% per year for 3 years (in ₹)?
38. 38.A shopkeeper buys a table for ₹1750 and sells it for ₹1960. What is the profit (in ₹)?
39. 39.A shopkeeper buys a watch for ₹1450 and sells it for ₹1200. What is the loss (in ₹)?
40. 40.A cricket kit costs ₹1200. It is sold at a 50% profit. What is the selling price (in ₹)?

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