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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 784 · 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 ₹7100 at 8% per year for 3 years (in ₹)?
  2. 2.The price of a water bottle changed from ₹50 to ₹95. What is the percentage increase?
  3. 3.The price of a pair of shoes changed from ₹80 to ₹76. What is the percentage decrease?
  4. 4.A shopkeeper buys a fan for ₹350 and sells it for ₹190. What is the loss (in ₹)?
  5. 5.The price of a pair of shoes changed from ₹20 to ₹15. What is the percentage decrease?
  6. 6.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?
  7. 7.What is 30% of 860?
  8. 8.What is the simple interest on ₹2400 at 7% per year for 3 years (in ₹)?
  9. 9.What is 15% of 640?
  10. 10.What is the simple interest on ₹2500 at 5% per year for 5 years (in ₹)?
  11. 11.A shopkeeper buys a cooler for ₹2800 and sells it for ₹2750. What is the loss (in ₹)?
  12. 12.What is 15% of 240?
  13. 13.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1390. What is the loss (in ₹)?
  14. 14.What is 15% of 80?
  15. 15.A table bought for ₹600 is sold for ₹840. What is the profit per cent?
  16. 16.What is the amount (principal + simple interest) on ₹4400 at 2% per year for 3 years (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹5200 at 5% per year for 5 years (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹2300 at 3% per year for 2 years (in ₹)?
  19. 19.The price of a box of mangoes changed from ₹40 to ₹20. What is the percentage decrease?
  20. 20.A shopkeeper buys a watch for ₹1800 and sells it for ₹1740. What is the loss (in ₹)?
  21. 21.What is 45% of 680?
  22. 22.The price of a water bottle changed from ₹25 to ₹40. What is the percentage increase?
  23. 23.A fan bought for ₹1600 is sold for ₹1520. What is the loss per cent?
  24. 24.What is the simple interest on ₹600 at 4% per year for 3 years (in ₹)?
  25. 25.What is the simple interest on ₹6900 at 2% per year for 1 year (in ₹)?
  26. 26.The price of a pair of shoes changed from ₹80 to ₹100. What is the percentage increase?
  27. 27.A table costs ₹1500. It is sold at a 40% loss. What is the selling price (in ₹)?
  28. 28.What is 70% of 40?
  29. 29.A watch bought for ₹1200 is sold for ₹1680. What is the profit per cent?
  30. 30.A watch bought for ₹200 is sold for ₹100. What is the loss per cent?
  31. 31.What is 60% of 500?
  32. 32.The price of a school bag changed from ₹80 to ₹88. What is the percentage increase?
  33. 33.The price of a box of mangoes changed from ₹400 to ₹320. What is the percentage decrease?
  34. 34.The price of a school bag changed from ₹50 to ₹49. What is the percentage decrease?
  35. 35.What is 15% of 880?
  36. 36.What is 85% of 880?
  37. 37.What is the amount (principal + simple interest) on ₹8400 at 7% per year for 5 years (in ₹)?
  38. 38.A fan bought for ₹2000 is sold for ₹2300. What is the profit per cent?
  39. 39.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹70. What is the loss (in ₹)?
  40. 40.A cricket kit costs ₹2100. It is sold at a 20% loss. What is the selling price (in ₹)?

Answer key

  1. 8804
  2. 90
  3. 5
  4. 160
  5. 25
  6. 30
  7. 258
  8. 504
  9. 96
  10. 625
  11. 50
  12. 36
  13. 60
  14. 12
  15. 40
  16. 4664
  17. 6500
  18. 2438
  19. 50
  20. 60
  21. 306
  22. 60
  23. 5
  24. 72
  25. 138
  26. 25
  27. 900
  28. 28
  29. 40
  30. 50
  31. 300
  32. 10
  33. 20
  34. 2
  35. 132
  36. 748
  37. 11340
  38. 15
  39. 130
  40. 1680

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