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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 222 · 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 cricket kit for ₹1600 and sells it for ₹1580. What is the loss (in ₹)?
  2. 2.What is the simple interest on ₹7700 at 9% per year for 1 year (in ₹)?
  3. 3.A shopkeeper buys a mobile phone for ₹900 and sells it for ₹940. What is the profit (in ₹)?
  4. 4.The price of a pair of shoes changed from ₹50 to ₹75. What is the percentage increase?
  5. 5.What is the simple interest on ₹9800 at 3% per year for 4 years (in ₹)?
  6. 6.A sewing machine costs ₹2700. It is sold at a 20% profit. What is the selling price (in ₹)?
  7. 7.What is the simple interest on ₹3600 at 12% per year for 1 year (in ₹)?
  8. 8.A table costs ₹3700. It is sold at a 20% loss. What is the selling price (in ₹)?
  9. 9.What is the simple interest on ₹2200 at 4% per year for 3 years (in ₹)?
  10. 10.A cycle costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
  11. 11.What is 95% of 900?
  12. 12.What is the simple interest on ₹3600 at 5% per year for 1 year (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹500 at 8% per year for 5 years (in ₹)?
  14. 14.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1150. What is the profit (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹3600 at 12% per year for 2 years (in ₹)?
  16. 16.What is the simple interest on ₹6500 at 6% per year for 4 years (in ₹)?
  17. 17.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
  18. 18.A cycle costs ₹3800. It is sold at a 40% loss. What is the selling price (in ₹)?
  19. 19.A cricket kit costs ₹1100. It is sold at a 25% profit. What is the selling price (in ₹)?
  20. 20.A fan bought for ₹200 is sold for ₹240. What is the profit per cent?
  21. 21.What is 10% of 160?
  22. 22.A fan bought for ₹2500 is sold for ₹1500. What is the loss per cent?
  23. 23.A watch costs ₹600. It is sold at a 25% loss. What is the selling price (in ₹)?
  24. 24.The price of a water bottle changed from ₹500 to ₹625. What is the percentage increase?
  25. 25.What is 55% of 920?
  26. 26.A shopkeeper buys a cycle for ₹1150 and sells it for ₹1260. What is the profit (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹3600 at 4% per year for 5 years (in ₹)?
  28. 28.A table costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
  29. 29.A watch bought for ₹3500 is sold for ₹3850. What is the profit per cent?
  30. 30.A mobile phone costs ₹1800. It is sold at a 5% profit. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1610. What is the profit (in ₹)?
  32. 32.A watch bought for ₹1800 is sold for ₹2070. What is the profit per cent?
  33. 33.What is the simple interest on ₹2100 at 9% per year for 1 year (in ₹)?
  34. 34.What is 5% of 1000?
  35. 35.The price of a water bottle changed from ₹25 to ₹20. What is the percentage decrease?
  36. 36.A watch costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
  37. 37.The price of a bus pass changed from ₹80 to ₹72. What is the percentage decrease?
  38. 38.What is the simple interest on ₹6100 at 9% per year for 3 years (in ₹)?
  39. 39.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹940. What is the profit (in ₹)?
  40. 40.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹110. What is the loss (in ₹)?

Answer key

  1. 20
  2. 693
  3. 40
  4. 50
  5. 1176
  6. 3240
  7. 432
  8. 2960
  9. 264
  10. 3150
  11. 855
  12. 180
  13. 700
  14. 50
  15. 4464
  16. 1560
  17. 60
  18. 2280
  19. 1375
  20. 20
  21. 16
  22. 40
  23. 450
  24. 25
  25. 506
  26. 110
  27. 4320
  28. 330
  29. 10
  30. 1890
  31. 210
  32. 15
  33. 189
  34. 50
  35. 20
  36. 1600
  37. 10
  38. 1647
  39. 290
  40. 90

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