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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 104 · 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.

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  1. 1.A shopkeeper buys a cooler for ₹200 and sells it for ₹390. What is the profit (in ₹)?
  2. 2.What is the simple interest on ₹2600 at 5% per year for 1 year (in ₹)?
  3. 3.A watch costs ₹3200. It is sold at a 30% loss. What is the selling price (in ₹)?
  4. 4.What is 10% of 100?
  5. 5.A shopkeeper buys a table for ₹2800 and sells it for ₹2990. What is the profit (in ₹)?
  6. 6.The price of a water bottle changed from ₹500 to ₹125. What is the percentage decrease?
  7. 7.A sewing machine costs ₹700. It is sold at a 5% loss. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹3000 at 6% per year for 2 years (in ₹)?
  9. 9.What is 10% of 240?
  10. 10.The price of a bus pass changed from ₹50 to ₹70. What is the percentage increase?
  11. 11.The price of a bus pass changed from ₹40 to ₹42. What is the percentage increase?
  12. 12.A mobile phone bought for ₹400 is sold for ₹320. What is the loss per cent?
  13. 13.What is 85% of 560?
  14. 14.What is the simple interest on ₹1000 at 2% per year for 4 years (in ₹)?
  15. 15.The price of a box of mangoes changed from ₹50 to ₹20. What is the percentage decrease?
  16. 16.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹580. What is the loss (in ₹)?
  17. 17.A sewing machine costs ₹1800. It is sold at a 50% loss. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹2200 at 2% per year for 1 year (in ₹)?
  19. 19.A cricket kit bought for ₹2800 is sold for ₹2240. What is the loss per cent?
  20. 20.The price of a bus pass changed from ₹100 to ₹140. What is the percentage increase?
  21. 21.The price of a bus pass changed from ₹50 to ₹20. What is the percentage decrease?
  22. 22.What is 35% of 420?
  23. 23.A table costs ₹1000. It is sold at a 40% profit. What is the selling price (in ₹)?
  24. 24.What is 5% of 860?
  25. 25.What is the amount (principal + simple interest) on ₹8900 at 2% per year for 2 years (in ₹)?
  26. 26.What is the simple interest on ₹4300 at 3% per year for 2 years (in ₹)?
  27. 27.What is the simple interest on ₹900 at 4% per year for 2 years (in ₹)?
  28. 28.A sewing machine costs ₹3200. It is sold at a 10% profit. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2990. What is the profit (in ₹)?
  30. 30.What is 55% of 380?
  31. 31.The price of a school bag changed from ₹100 to ₹10. What is the percentage decrease?
  32. 32.A mobile phone costs ₹1300. It is sold at a 40% profit. What is the selling price (in ₹)?
  33. 33.What is 95% of 220?
  34. 34.What is the amount (principal + simple interest) on ₹8000 at 5% per year for 4 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹9600 at 6% per year for 3 years (in ₹)?
  36. 36.What is 70% of 200?
  37. 37.What is the amount (principal + simple interest) on ₹7800 at 8% per year for 4 years (in ₹)?
  38. 38.A cycle bought for ₹1600 is sold for ₹1120. What is the loss per cent?
  39. 39.A shopkeeper buys a cycle for ₹2100 and sells it for ₹1980. What is the loss (in ₹)?
  40. 40.A sewing machine costs ₹3400. It is sold at a 50% profit. What is the selling price (in ₹)?

Answer key

  1. 190
  2. 130
  3. 2240
  4. 10
  5. 190
  6. 75
  7. 665
  8. 360
  9. 24
  10. 40
  11. 5
  12. 20
  13. 476
  14. 80
  15. 60
  16. 120
  17. 900
  18. 44
  19. 20
  20. 40
  21. 60
  22. 147
  23. 1400
  24. 43
  25. 9256
  26. 258
  27. 72
  28. 3520
  29. 190
  30. 209
  31. 90
  32. 1820
  33. 209
  34. 9600
  35. 11328
  36. 140
  37. 10296
  38. 30
  39. 120
  40. 5100

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