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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 713 · 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.

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  1. 1.A shopkeeper buys a cycle for ₹850 and sells it for ₹1150. What is the profit (in ₹)?
  2. 2.What is the simple interest on ₹6700 at 6% per year for 1 year (in ₹)?
  3. 3.The price of a pair of shoes changed from ₹50 to ₹70. What is the percentage increase?
  4. 4.A cooler costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
  5. 5.What is 85% of 800?
  6. 6.What is 95% of 160?
  7. 7.What is 35% of 540?
  8. 8.What is 40% of 100?
  9. 9.What is 5% of 620?
  10. 10.What is the amount (principal + simple interest) on ₹1700 at 6% per year for 3 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹6800 at 5% per year for 5 years (in ₹)?
  12. 12.A cycle bought for ₹1300 is sold for ₹1560. What is the profit per cent?
  13. 13.What is the simple interest on ₹2000 at 7% per year for 3 years (in ₹)?
  14. 14.A sewing machine bought for ₹3500 is sold for ₹2975. What is the loss per cent?
  15. 15.A table costs ₹1100. It is sold at a 12% profit. What is the selling price (in ₹)?
  16. 16.The price of a cricket ball changed from ₹200 to ₹260. What is the percentage increase?
  17. 17.The price of a pair of shoes changed from ₹25 to ₹10. What is the percentage decrease?
  18. 18.The price of a school bag changed from ₹80 to ₹72. What is the percentage decrease?
  19. 19.What is 60% of 540?
  20. 20.The price of a school bag changed from ₹50 to ₹40. What is the percentage decrease?
  21. 21.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 5 years (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹4200 at 12% per year for 1 year (in ₹)?
  23. 23.A cooler costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
  24. 24.A fan bought for ₹2700 is sold for ₹2025. What is the loss per cent?
  25. 25.A fan costs ₹1700. It is sold at a 30% loss. What is the selling price (in ₹)?
  26. 26.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
  27. 27.A watch costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
  28. 28.What is the simple interest on ₹2500 at 2% per year for 5 years (in ₹)?
  29. 29.A sewing machine costs ₹4000. It is sold at a 25% loss. What is the selling price (in ₹)?
  30. 30.The price of a water bottle changed from ₹80 to ₹64. What is the percentage decrease?
  31. 31.The price of a pair of shoes changed from ₹200 to ₹350. What is the percentage increase?
  32. 32.What is 25% of 440?
  33. 33.What is the amount (principal + simple interest) on ₹5000 at 12% per year for 1 year (in ₹)?
  34. 34.What is the simple interest on ₹8600 at 7% per year for 3 years (in ₹)?
  35. 35.A shopkeeper buys a cooler for ₹950 and sells it for ₹1040. What is the profit (in ₹)?
  36. 36.The price of a box of mangoes changed from ₹20 to ₹32. What is the percentage increase?
  37. 37.The price of a cricket ball changed from ₹20 to ₹35. What is the percentage increase?
  38. 38.What is the amount (principal + simple interest) on ₹8300 at 11% per year for 4 years (in ₹)?
  39. 39.A cooler bought for ₹400 is sold for ₹480. What is the profit per cent?
  40. 40.What is 15% of 700?

Answer key

  1. 300
  2. 402
  3. 40
  4. 704
  5. 680
  6. 152
  7. 189
  8. 40
  9. 31
  10. 2006
  11. 8500
  12. 20
  13. 420
  14. 15
  15. 1232
  16. 30
  17. 60
  18. 10
  19. 324
  20. 20
  21. 11160
  22. 4704
  23. 1500
  24. 25
  25. 1190
  26. 40
  27. 210
  28. 250
  29. 3000
  30. 20
  31. 75
  32. 110
  33. 5600
  34. 1806
  35. 90
  36. 60
  37. 75
  38. 11952
  39. 20
  40. 105

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