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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 744 · 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 ₹4700 at 3% per year for 3 years (in ₹)?
  2. 2.A shopkeeper buys a fan for ₹2050 and sells it for ₹2010. What is the loss (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹1100 at 4% per year for 5 years (in ₹)?
  4. 4.A shopkeeper buys a fan for ₹650 and sells it for ₹540. What is the loss (in ₹)?
  5. 5.A cycle costs ₹3100. It is sold at a 20% loss. What is the selling price (in ₹)?
  6. 6.What is the simple interest on ₹6600 at 7% per year for 1 year (in ₹)?
  7. 7.What is 95% of 100?
  8. 8.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹1020. What is the profit (in ₹)?
  9. 9.A cricket kit costs ₹3200. It is sold at a 30% loss. What is the selling price (in ₹)?
  10. 10.A fan costs ₹3300. It is sold at a 40% profit. What is the selling price (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹8700 at 5% per year for 5 years (in ₹)?
  12. 12.What is 5% of 80?
  13. 13.What is the simple interest on ₹7400 at 2% per year for 3 years (in ₹)?
  14. 14.What is the simple interest on ₹3500 at 7% per year for 4 years (in ₹)?
  15. 15.A sewing machine bought for ₹3300 is sold for ₹2475. What is the loss per cent?
  16. 16.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹2020. What is the profit (in ₹)?
  17. 17.What is the simple interest on ₹4200 at 2% per year for 1 year (in ₹)?
  18. 18.What is 15% of 60?
  19. 19.What is the simple interest on ₹7200 at 11% per year for 1 year (in ₹)?
  20. 20.A cricket kit costs ₹1200. It is sold at a 50% loss. What is the selling price (in ₹)?
  21. 21.What is the simple interest on ₹2400 at 9% per year for 5 years (in ₹)?
  22. 22.What is 55% of 820?
  23. 23.What is the simple interest on ₹2600 at 7% per year for 5 years (in ₹)?
  24. 24.What is 85% of 500?
  25. 25.A cooler bought for ₹800 is sold for ₹1120. What is the profit per cent?
  26. 26.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹1010. What is the profit (in ₹)?
  27. 27.What is 95% of 560?
  28. 28.A mobile phone costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2220. What is the profit (in ₹)?
  30. 30.A mobile phone bought for ₹1700 is sold for ₹1955. What is the profit per cent?
  31. 31.What is the amount (principal + simple interest) on ₹6200 at 3% per year for 3 years (in ₹)?
  32. 32.What is 5% of 720?
  33. 33.What is the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
  34. 34.What is the simple interest on ₹4900 at 10% per year for 2 years (in ₹)?
  35. 35.What is 10% of 340?
  36. 36.A sewing machine bought for ₹300 is sold for ₹150. What is the loss per cent?
  37. 37.What is the amount (principal + simple interest) on ₹5000 at 4% per year for 4 years (in ₹)?
  38. 38.A table costs ₹1400. It is sold at a 10% profit. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a watch for ₹650 and sells it for ₹660. What is the profit (in ₹)?
  40. 40.What is 60% of 300?

Answer key

  1. 423
  2. 40
  3. 1320
  4. 110
  5. 2480
  6. 462
  7. 95
  8. 170
  9. 2240
  10. 4620
  11. 10875
  12. 4
  13. 444
  14. 980
  15. 25
  16. 120
  17. 84
  18. 9
  19. 792
  20. 600
  21. 1080
  22. 451
  23. 910
  24. 425
  25. 40
  26. 160
  27. 532
  28. 225
  29. 170
  30. 15
  31. 6758
  32. 36
  33. 400
  34. 980
  35. 34
  36. 50
  37. 5800
  38. 1540
  39. 10
  40. 180

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