Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 883 · 40 sums

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.

1. 1.A cricket kit bought for ₹3800 is sold for ₹3040. What is the loss per cent?
2. 2.A fan bought for ₹1200 is sold for ₹720. What is the loss per cent?
3. 3.A shopkeeper buys a cooler for ₹1050 and sells it for ₹970. What is the loss (in ₹)?
4. 4.A cycle bought for ₹300 is sold for ₹375. What is the profit per cent?
5. 5.A cycle bought for ₹2200 is sold for ₹1936. What is the loss per cent?
6. 6.A shopkeeper buys a cooler for ₹1650 and sells it for ₹1390. What is the loss (in ₹)?
7. 7.What is the simple interest on ₹800 at 12% per year for 4 years (in ₹)?
8. 8.The price of a cricket ball changed from ₹200 to ₹204. What is the percentage increase?
9. 9.The price of a cricket ball changed from ₹200 to ₹202. What is the percentage increase?
10. 10.What is the amount (principal + simple interest) on ₹2900 at 3% per year for 5 years (in ₹)?
11. 11.What is 55% of 40?
12. 12.A shopkeeper buys a cooler for ₹500 and sells it for ₹340. What is the loss (in ₹)?
13. 13.What is 70% of 600?
14. 14.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹250. What is the loss (in ₹)?
15. 15.A shopkeeper buys a watch for ₹650 and sells it for ₹680. What is the profit (in ₹)?
16. 16.A fan bought for ₹700 is sold for ₹980. What is the profit per cent?
17. 17.What is the simple interest on ₹8400 at 2% per year for 3 years (in ₹)?
18. 18.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹170. What is the loss (in ₹)?
19. 19.What is 70% of 920?
20. 20.What is 90% of 320?
21. 21.What is the amount (principal + simple interest) on ₹9000 at 4% per year for 5 years (in ₹)?
22. 22.What is 60% of 820?
23. 23.What is 20% of 900?
24. 24.The price of a pair of shoes changed from ₹200 to ₹190. What is the percentage decrease?
25. 25.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
26. 26.A fan costs ₹1000. It is sold at a 50% loss. What is the selling price (in ₹)?
27. 27.What is 35% of 820?
28. 28.A shopkeeper buys a cycle for ₹300 and sells it for ₹490. What is the profit (in ₹)?
29. 29.The price of a pair of shoes changed from ₹500 to ₹700. What is the percentage increase?
30. 30.What is the simple interest on ₹2200 at 3% per year for 4 years (in ₹)?
31. 31.A table costs ₹1500. It is sold at a 12% loss. What is the selling price (in ₹)?
32. 32.The price of a pair of shoes changed from ₹80 to ₹72. What is the percentage decrease?
33. 33.A cycle bought for ₹2400 is sold for ₹2520. What is the profit per cent?
34. 34.A mobile phone costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
35. 35.What is the amount (principal + simple interest) on ₹1600 at 12% per year for 5 years (in ₹)?
36. 36.What is 45% of 360?
37. 37.What is the amount (principal + simple interest) on ₹4500 at 7% per year for 4 years (in ₹)?
38. 38.What is the amount (principal + simple interest) on ₹8200 at 2% per year for 1 year (in ₹)?
39. 39.What is the amount (principal + simple interest) on ₹5700 at 8% per year for 5 years (in ₹)?
40. 40.What is the simple interest on ₹6900 at 2% per year for 3 years (in ₹)?

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