Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 507 · 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 fan costs ₹1000. It is sold at a 30% profit. What is the selling price (in ₹)?
2. 2.A shopkeeper buys a mobile phone for ₹350 and sells it for ₹270. What is the loss (in ₹)?
3. 3.A shopkeeper buys a table for ₹2700 and sells it for ₹2640. What is the loss (in ₹)?
4. 4.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1650. What is the loss (in ₹)?
5. 5.What is 25% of 240?
6. 6.A cricket kit bought for ₹2500 is sold for ₹2750. What is the profit per cent?
7. 7.A mobile phone bought for ₹2000 is sold for ₹2800. What is the profit per cent?
8. 8.A watch bought for ₹600 is sold for ₹780. What is the profit per cent?
9. 9.A sewing machine costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
10. 10.What is 75% of 1000?
11. 11.The price of a pair of shoes changed from ₹100 to ₹150. What is the percentage increase?
12. 12.The price of a box of mangoes changed from ₹250 to ₹350. What is the percentage increase?
13. 13.What is 65% of 260?
14. 14.What is 5% of 260?
15. 15.What is the amount (principal + simple interest) on ₹4200 at 5% per year for 4 years (in ₹)?
16. 16.What is 10% of 40?
17. 17.The price of a cricket ball changed from ₹20 to ₹18. What is the percentage decrease?
18. 18.A shopkeeper buys a cycle for ₹450 and sells it for ₹480. What is the profit (in ₹)?
19. 19.What is 20% of 1000?
20. 20.What is the amount (principal + simple interest) on ₹800 at 6% per year for 4 years (in ₹)?
21. 21.A shopkeeper buys a fan for ₹2550 and sells it for ₹2830. What is the profit (in ₹)?
22. 22.The price of a box of mangoes changed from ₹500 to ₹950. What is the percentage increase?
23. 23.A sewing machine costs ₹2600. It is sold at a 30% profit. What is the selling price (in ₹)?
24. 24.What is the amount (principal + simple interest) on ₹2300 at 3% per year for 5 years (in ₹)?
25. 25.A cricket kit bought for ₹2000 is sold for ₹2300. What is the profit per cent?
26. 26.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3010. What is the profit (in ₹)?
27. 27.What is the simple interest on ₹3200 at 4% per year for 3 years (in ₹)?
28. 28.What is 5% of 140?
29. 29.What is the amount (principal + simple interest) on ₹7500 at 11% per year for 5 years (in ₹)?
30. 30.A mobile phone bought for ₹3500 is sold for ₹2800. What is the loss per cent?
31. 31.What is the amount (principal + simple interest) on ₹5000 at 2% per year for 3 years (in ₹)?
32. 32.What is 90% of 300?
33. 33.What is 15% of 180?
34. 34.A watch bought for ₹3700 is sold for ₹4440. What is the profit per cent?
35. 35.A cricket kit bought for ₹2600 is sold for ₹1300. What is the loss per cent?
36. 36.What is 60% of 420?
37. 37.The price of a box of mangoes changed from ₹40 to ₹50. What is the percentage increase?
38. 38.What is the simple interest on ₹7200 at 4% per year for 2 years (in ₹)?
39. 39.What is the amount (principal + simple interest) on ₹1000 at 12% per year for 1 year (in ₹)?
40. 40.What is the simple interest on ₹8000 at 7% per year for 2 years (in ₹)?

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