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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 614 · 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 simple interest on ₹1800 at 7% per year for 5 years (in ₹)?
  2. 2.What is 60% of 220?
  3. 3.What is 30% of 440?
  4. 4.A cycle bought for ₹500 is sold for ₹250. What is the loss per cent?
  5. 5.A shopkeeper buys a fan for ₹650 and sells it for ₹870. What is the profit (in ₹)?
  6. 6.A shopkeeper buys a sewing machine for ₹2600 and sells it for ₹2610. What is the profit (in ₹)?
  7. 7.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹1840. What is the loss (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹3900 at 12% per year for 4 years (in ₹)?
  9. 9.What is the simple interest on ₹3500 at 10% per year for 1 year (in ₹)?
  10. 10.A mobile phone costs ₹500. It is sold at a 30% loss. What is the selling price (in ₹)?
  11. 11.What is the simple interest on ₹9300 at 3% per year for 3 years (in ₹)?
  12. 12.What is the simple interest on ₹4400 at 8% per year for 3 years (in ₹)?
  13. 13.What is 30% of 860?
  14. 14.The price of a school bag changed from ₹500 to ₹600. What is the percentage increase?
  15. 15.A fan bought for ₹2500 is sold for ₹2375. What is the loss per cent?
  16. 16.What is the amount (principal + simple interest) on ₹4400 at 4% per year for 4 years (in ₹)?
  17. 17.A cricket kit bought for ₹3000 is sold for ₹3450. What is the profit per cent?
  18. 18.A cycle bought for ₹1100 is sold for ₹1540. What is the profit per cent?
  19. 19.What is 10% of 800?
  20. 20.What is 75% of 340?
  21. 21.The price of a pair of shoes changed from ₹100 to ₹95. What is the percentage decrease?
  22. 22.A shopkeeper buys a table for ₹2500 and sells it for ₹2550. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a fan for ₹900 and sells it for ₹1010. What is the profit (in ₹)?
  24. 24.A fan costs ₹1400. It is sold at a 15% loss. What is the selling price (in ₹)?
  25. 25.What is 65% of 240?
  26. 26.A shopkeeper buys a cooler for ₹250 and sells it for ₹460. What is the profit (in ₹)?
  27. 27.What is the simple interest on ₹2400 at 9% per year for 2 years (in ₹)?
  28. 28.What is the simple interest on ₹9700 at 7% per year for 3 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹700 at 9% per year for 2 years (in ₹)?
  30. 30.A sewing machine costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1040. What is the loss (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹8800 at 6% per year for 1 year (in ₹)?
  33. 33.The price of a cricket ball changed from ₹400 to ₹720. What is the percentage increase?
  34. 34.A watch costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
  35. 35.What is the simple interest on ₹7000 at 11% per year for 3 years (in ₹)?
  36. 36.What is 90% of 260?
  37. 37.What is 5% of 260?
  38. 38.What is the amount (principal + simple interest) on ₹1400 at 4% per year for 5 years (in ₹)?
  39. 39.A shopkeeper buys a watch for ₹1700 and sells it for ₹1740. What is the profit (in ₹)?
  40. 40.What is 40% of 720?

Answer key

  1. 630
  2. 132
  3. 132
  4. 50
  5. 220
  6. 10
  7. 210
  8. 5772
  9. 350
  10. 350
  11. 837
  12. 1056
  13. 258
  14. 20
  15. 5
  16. 5104
  17. 15
  18. 40
  19. 80
  20. 255
  21. 5
  22. 50
  23. 110
  24. 1190
  25. 156
  26. 210
  27. 432
  28. 2037
  29. 826
  30. 2250
  31. 260
  32. 9328
  33. 80
  34. 2000
  35. 2310
  36. 234
  37. 13
  38. 1680
  39. 40
  40. 288

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