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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 136 · 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 table for ₹1100 and sells it for ₹1310. What is the profit (in ₹)?
  2. 2.What is 90% of 980?
  3. 3.The price of a bus pass changed from ₹100 to ₹150. What is the percentage increase?
  4. 4.The price of a water bottle changed from ₹80 to ₹128. What is the percentage increase?
  5. 5.A cricket kit costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
  6. 6.What is the simple interest on ₹6700 at 4% per year for 2 years (in ₹)?
  7. 7.What is the simple interest on ₹600 at 11% per year for 1 year (in ₹)?
  8. 8.A shopkeeper buys a cycle for ₹500 and sells it for ₹760. What is the profit (in ₹)?
  9. 9.What is 90% of 680?
  10. 10.What is the amount (principal + simple interest) on ₹1300 at 3% per year for 1 year (in ₹)?
  11. 11.What is the simple interest on ₹2900 at 4% per year for 2 years (in ₹)?
  12. 12.What is 95% of 720?
  13. 13.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
  14. 14.A cooler costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
  15. 15.What is 70% of 200?
  16. 16.The price of a water bottle changed from ₹200 to ₹198. What is the percentage decrease?
  17. 17.A shopkeeper buys a fan for ₹1250 and sells it for ₹1420. What is the profit (in ₹)?
  18. 18.A watch bought for ₹1900 is sold for ₹2850. What is the profit per cent?
  19. 19.What is the amount (principal + simple interest) on ₹6700 at 8% per year for 3 years (in ₹)?
  20. 20.The price of a box of mangoes changed from ₹500 to ₹800. What is the percentage increase?
  21. 21.What is the simple interest on ₹7000 at 10% per year for 2 years (in ₹)?
  22. 22.A shopkeeper buys a watch for ₹2850 and sells it for ₹2960. What is the profit (in ₹)?
  23. 23.What is the simple interest on ₹8300 at 2% per year for 3 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹7900 at 5% per year for 3 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹3200 at 4% per year for 5 years (in ₹)?
  26. 26.The price of a box of mangoes changed from ₹250 to ₹100. What is the percentage decrease?
  27. 27.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2560. What is the profit (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹3600 at 6% per year for 3 years (in ₹)?
  29. 29.A mobile phone bought for ₹1100 is sold for ₹1210. What is the profit per cent?
  30. 30.What is the amount (principal + simple interest) on ₹9300 at 6% per year for 5 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹2100 at 12% per year for 5 years (in ₹)?
  32. 32.What is 35% of 800?
  33. 33.A sewing machine bought for ₹2900 is sold for ₹2175. What is the loss per cent?
  34. 34.A cycle costs ₹3500. It is sold at a 15% profit. What is the selling price (in ₹)?
  35. 35.A cooler costs ₹900. It is sold at a 10% loss. What is the selling price (in ₹)?
  36. 36.The price of a bus pass changed from ₹20 to ₹10. What is the percentage decrease?
  37. 37.A shopkeeper buys a watch for ₹2300 and sells it for ₹2240. What is the loss (in ₹)?
  38. 38.A cricket kit costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹2860. What is the loss (in ₹)?
  40. 40.What is 60% of 540?

Answer key

  1. 210
  2. 882
  3. 50
  4. 60
  5. 630
  6. 536
  7. 66
  8. 260
  9. 612
  10. 1339
  11. 232
  12. 684
  13. 40
  14. 2520
  15. 140
  16. 1
  17. 170
  18. 50
  19. 8308
  20. 60
  21. 1400
  22. 110
  23. 498
  24. 9085
  25. 3840
  26. 60
  27. 110
  28. 4248
  29. 10
  30. 12090
  31. 3360
  32. 280
  33. 25
  34. 4025
  35. 810
  36. 50
  37. 60
  38. 560
  39. 40
  40. 324

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