Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 137 · 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 cycle bought for ₹700 is sold for ₹770. What is the profit per cent?
2. 2.What is the amount (principal + simple interest) on ₹10000 at 6% per year for 4 years (in ₹)?
3. 3.A shopkeeper buys a watch for ₹2350 and sells it for ₹2650. What is the profit (in ₹)?
4. 4.What is 65% of 60?
5. 5.A mobile phone costs ₹3800. It is sold at a 10% loss. What is the selling price (in ₹)?
6. 6.What is the amount (principal + simple interest) on ₹6800 at 11% per year for 5 years (in ₹)?
7. 7.What is the simple interest on ₹5400 at 5% per year for 1 year (in ₹)?
8. 8.A shopkeeper buys a cricket kit for ₹2600 and sells it for ₹2370. What is the loss (in ₹)?
9. 9.A cycle bought for ₹2000 is sold for ₹1600. What is the loss per cent?
10. 10.The price of a school bag changed from ₹20 to ₹21. What is the percentage increase?
11. 11.A shopkeeper buys a table for ₹1100 and sells it for ₹1220. What is the profit (in ₹)?
12. 12.What is the amount (principal + simple interest) on ₹1100 at 2% per year for 4 years (in ₹)?
13. 13.What is 25% of 440?
14. 14.What is the simple interest on ₹4300 at 6% per year for 1 year (in ₹)?
15. 15.A watch costs ₹3200. It is sold at a 30% profit. What is the selling price (in ₹)?
16. 16.A fan costs ₹900. It is sold at a 10% loss. What is the selling price (in ₹)?
17. 17.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹3120. What is the profit (in ₹)?
18. 18.A mobile phone bought for ₹200 is sold for ₹140. What is the loss per cent?
19. 19.What is the amount (principal + simple interest) on ₹7300 at 10% per year for 5 years (in ₹)?
20. 20.What is 55% of 980?
21. 21.A cycle bought for ₹2700 is sold for ₹3240. What is the profit per cent?
22. 22.A shopkeeper buys a mobile phone for ₹400 and sells it for ₹300. What is the loss (in ₹)?
23. 23.What is the amount (principal + simple interest) on ₹3000 at 11% per year for 1 year (in ₹)?
24. 24.The price of a cricket ball changed from ₹40 to ₹28. What is the percentage decrease?
25. 25.A watch bought for ₹1200 is sold for ₹960. What is the loss per cent?
26. 26.The price of a water bottle changed from ₹250 to ₹200. What is the percentage decrease?
27. 27.A table bought for ₹700 is sold for ₹784. What is the profit per cent?
28. 28.What is the amount (principal + simple interest) on ₹2800 at 6% per year for 2 years (in ₹)?
29. 29.What is the amount (principal + simple interest) on ₹5200 at 5% per year for 5 years (in ₹)?
30. 30.What is 70% of 660?
31. 31.What is 20% of 1000?
32. 32.A cycle bought for ₹1000 is sold for ₹1500. What is the profit per cent?
33. 33.What is 70% of 620?
34. 34.What is the simple interest on ₹7000 at 8% per year for 1 year (in ₹)?
35. 35.What is the simple interest on ₹8100 at 4% per year for 4 years (in ₹)?
36. 36.What is 30% of 300?
37. 37.A cooler bought for ₹900 is sold for ₹675. What is the loss per cent?
38. 38.A shopkeeper buys a table for ₹1150 and sells it for ₹1210. What is the profit (in ₹)?
39. 39.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2130. What is the profit (in ₹)?
40. 40.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹2200. What is the profit (in ₹)?

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