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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 618 · 40 sums
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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 ₹8700 at 9% per year for 2 years (in ₹)?
  2. 2.The price of a water bottle changed from ₹200 to ₹202. What is the percentage increase?
  3. 3.What is the amount (principal + simple interest) on ₹2400 at 11% per year for 1 year (in ₹)?
  4. 4.The price of a cricket ball changed from ₹40 to ₹56. What is the percentage increase?
  5. 5.A cricket kit bought for ₹2800 is sold for ₹1400. What is the loss per cent?
  6. 6.A cycle costs ₹2500. It is sold at a 5% profit. What is the selling price (in ₹)?
  7. 7.A sewing machine bought for ₹1100 is sold for ₹880. What is the loss per cent?
  8. 8.What is the simple interest on ₹2900 at 11% per year for 5 years (in ₹)?
  9. 9.What is 55% of 100?
  10. 10.A watch bought for ₹3500 is sold for ₹2625. What is the loss per cent?
  11. 11.What is the simple interest on ₹6300 at 11% per year for 2 years (in ₹)?
  12. 12.What is 75% of 200?
  13. 13.The price of a pair of shoes changed from ₹20 to ₹25. What is the percentage increase?
  14. 14.A watch bought for ₹1100 is sold for ₹660. What is the loss per cent?
  15. 15.The price of a pair of shoes changed from ₹80 to ₹64. What is the percentage decrease?
  16. 16.A watch bought for ₹1600 is sold for ₹1840. What is the profit per cent?
  17. 17.A cooler costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
  18. 18.A cooler bought for ₹800 is sold for ₹760. What is the loss per cent?
  19. 19.A shopkeeper buys a table for ₹2000 and sells it for ₹1920. What is the loss (in ₹)?
  20. 20.What is 15% of 260?
  21. 21.What is 40% of 440?
  22. 22.A fan costs ₹1000. It is sold at a 25% loss. What is the selling price (in ₹)?
  23. 23.A watch costs ₹1300. It is sold at a 10% profit. What is the selling price (in ₹)?
  24. 24.What is 35% of 660?
  25. 25.The price of a cricket ball changed from ₹80 to ₹8. What is the percentage decrease?
  26. 26.A fan bought for ₹200 is sold for ₹176. What is the loss per cent?
  27. 27.What is 40% of 220?
  28. 28.A cooler costs ₹3500. It is sold at a 10% profit. What is the selling price (in ₹)?
  29. 29.A cycle bought for ₹500 is sold for ₹550. What is the profit per cent?
  30. 30.A table costs ₹3200. It is sold at a 40% loss. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹7900 at 9% per year for 3 years (in ₹)?
  32. 32.The price of a pair of shoes changed from ₹250 to ₹225. What is the percentage decrease?
  33. 33.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
  34. 34.What is the amount (principal + simple interest) on ₹8300 at 10% per year for 1 year (in ₹)?
  35. 35.The price of a school bag changed from ₹50 to ₹75. What is the percentage increase?
  36. 36.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1700. What is the profit (in ₹)?
  37. 37.A cycle bought for ₹3500 is sold for ₹4550. What is the profit per cent?
  38. 38.What is the simple interest on ₹2500 at 10% per year for 1 year (in ₹)?
  39. 39.What is 70% of 220?
  40. 40.What is the simple interest on ₹8600 at 12% per year for 4 years (in ₹)?

Answer key

  1. 1566
  2. 1
  3. 2664
  4. 40
  5. 50
  6. 2625
  7. 20
  8. 1595
  9. 55
  10. 25
  11. 1386
  12. 150
  13. 25
  14. 40
  15. 20
  16. 15
  17. 1100
  18. 5
  19. 80
  20. 39
  21. 176
  22. 750
  23. 1430
  24. 231
  25. 90
  26. 12
  27. 88
  28. 3850
  29. 10
  30. 1920
  31. 2133
  32. 10
  33. 40
  34. 9130
  35. 50
  36. 200
  37. 30
  38. 250
  39. 154
  40. 4128

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