CBSE Class 7 Maths Worksheet

Comparing Quantities - Simple Interest, Profit and Loss

1. Calculate the Profit or Loss and Profit percent or Loss percent: If CP is Rs 332 and SP is Rs 350

2. Choose the correct answer: The CP of a chair is Rs. 3300. If it is sold at a loss of 10%, then SP is
_____
A) Rs. 3000
B) Rs. 3070
C) Rs. 2790
D) Rs. 2970

3. Choose the correct answer: If CP = Rs. 950 and gain = 6%, then SP = ?
A) Rs. 1100
B) Rs. 1007
C) Rs. 1117
D) Rs. 1170

4. Calculate the Profit or Loss and Profit percent or Loss percent if CP is Rs 4560, SP is Rs 5000

5. Choose the correct answer: The simple interest of Rs. 1000 for 2 years at 5% p.a. is Rs. ______
A) 200
B) 1000
C) 100
D) 2000

6. Find the simple Interest and Amount: Principal is Rs 2000, Rate per annum is 5%, Time is 5 years?

7. Find the simple Interest and Amount: Principal is 4500, 4% per annum, Time is 4 years?

8. A book was sold for Rs. 550 with a profit of 10%. What was its cost price?

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9. Choose the correct answer: 1/12 : 1/60 = _____
A) 0.1673611111111111
B) 4.4444444444444446E-2
C) 0.20902777777777778
D) 4.5138888888888888E-2

10. A dinner set was sold for Rs. 16000 at a loss of 20%. What was the cost price?

11. A shopkeeper bought a Curtain for Rs 990 and sold it for Rs 1890. Find the gain percentage?

12. Calculate the Profit or Loss and Profit percent or Loss percent: If CP is 2600 and SP is Rs 2470

13. Complete the following: CP = Rs. 1200, SP = Rs. 1250, Profit = ______

14. A man borrowed Rs 8000 from a bank at 8% per annum. Find the amount he has to pay after 4 years?

15. Rakesh lent at Rs 8000 for 5 years at 15% per annum and borrowed Rs 6000 for 3 years at 12% per
annum. How much did he gain or loss?

16. Calculate the Profit or Loss and Profit percent or Loss percent: CP is Rs 1520, SP is Rs 1520?

17. What rate gives Rs 250 as interest on a sum of 55,000 in 2 years?

18. Complete the following: CP = Rs. 720, SP = ______, Profit = Rs. 55.50

19. Seema sells a bed for Rs. 14500. She losses 20% in the bargain. What was the price at which she
bought it?

20. An item costing Rs. 10 is sold at 10% discount. What is its selling price?
A) Rs.10
B) Rs. 100
C) Rs. 90
D) Rs. 9

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 CBSE Class 7 Maths Worksheet

Comparing Quantities - Simple Interest, Profit and Loss

Answers

1. Profit = Rs. 18

2. Option D

3. Option B

4. Profit = Rs. 440

5. Option C

6. 500, 2500

7. 720, 4520

8. Rs. 500

9. Option C

10. Rs. 20000

11. 900, 90.9%

12. Loss = Rs. 130

13. Rs. 50

14. Rs 10560

15. Gain Rs 3840

16. No profit, no loss

17. 2.2000000000000001E-3

18. Rs. 775. 50

19. Rs 18125

20. Option D

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