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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 762 · 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 amount (principal + simple interest) on ₹2400 at 5% per year for 2 years (in ₹)?
  2. 2.What is the simple interest on ₹9200 at 6% per year for 4 years (in ₹)?
  3. 3.What is 85% of 760?
  4. 4.What is the amount (principal + simple interest) on ₹8100 at 3% per year for 1 year (in ₹)?
  5. 5.A watch costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
  6. 6.The price of a water bottle changed from ₹20 to ₹30. What is the percentage increase?
  7. 7.A fan bought for ₹3400 is sold for ₹2720. What is the loss per cent?
  8. 8.What is 80% of 860?
  9. 9.What is 40% of 160?
  10. 10.A table costs ₹2000. It is sold at a 50% loss. What is the selling price (in ₹)?
  11. 11.What is the simple interest on ₹5500 at 12% per year for 4 years (in ₹)?
  12. 12.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2440. What is the loss (in ₹)?
  13. 13.A fan costs ₹2600. It is sold at a 25% loss. What is the selling price (in ₹)?
  14. 14.The price of a box of mangoes changed from ₹50 to ₹30. What is the percentage decrease?
  15. 15.A watch bought for ₹1800 is sold for ₹1980. What is the profit per cent?
  16. 16.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 5 years (in ₹)?
  17. 17.What is 40% of 1000?
  18. 18.A cycle costs ₹2200. It is sold at a 50% loss. What is the selling price (in ₹)?
  19. 19.A cycle costs ₹300. It is sold at a 20% loss. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a cooler for ₹300 and sells it for ₹150. What is the loss (in ₹)?
  21. 21.What is 25% of 880?
  22. 22.What is the simple interest on ₹4300 at 4% per year for 1 year (in ₹)?
  23. 23.The price of a pair of shoes changed from ₹250 to ₹25. What is the percentage decrease?
  24. 24.What is the simple interest on ₹4100 at 12% per year for 4 years (in ₹)?
  25. 25.What is the simple interest on ₹7900 at 10% per year for 3 years (in ₹)?
  26. 26.What is 65% of 980?
  27. 27.A fan costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
  28. 28.A cooler bought for ₹3600 is sold for ₹3168. What is the loss per cent?
  29. 29.What is 45% of 840?
  30. 30.What is the amount (principal + simple interest) on ₹8300 at 5% per year for 2 years (in ₹)?
  31. 31.A sewing machine costs ₹1900. It is sold at a 30% profit. What is the selling price (in ₹)?
  32. 32.What is the simple interest on ₹7200 at 5% per year for 2 years (in ₹)?
  33. 33.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1930. What is the profit (in ₹)?
  34. 34.A cricket kit bought for ₹2400 is sold for ₹1680. What is the loss per cent?
  35. 35.A shopkeeper buys a cycle for ₹650 and sells it for ₹760. What is the profit (in ₹)?
  36. 36.A shopkeeper buys a cycle for ₹1000 and sells it for ₹990. What is the loss (in ₹)?
  37. 37.A table costs ₹3500. It is sold at a 5% loss. What is the selling price (in ₹)?
  38. 38.What is 15% of 480?
  39. 39.What is 5% of 520?
  40. 40.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹560. What is the loss (in ₹)?

Answer key

  1. 2640
  2. 2208
  3. 646
  4. 8343
  5. 4875
  6. 50
  7. 20
  8. 688
  9. 64
  10. 1000
  11. 2640
  12. 10
  13. 1950
  14. 40
  15. 10
  16. 11160
  17. 400
  18. 1100
  19. 240
  20. 150
  21. 220
  22. 172
  23. 90
  24. 1968
  25. 2370
  26. 637
  27. 3570
  28. 12
  29. 378
  30. 9130
  31. 2470
  32. 720
  33. 180
  34. 30
  35. 110
  36. 10
  37. 3325
  38. 72
  39. 26
  40. 290

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