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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 236 · 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 sewing machine for ₹2100 and sells it for ₹2380. What is the profit (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹4200 at 7% per year for 1 year (in ₹)?
  3. 3.What is the simple interest on ₹2500 at 3% per year for 2 years (in ₹)?
  4. 4.What is the simple interest on ₹2600 at 11% per year for 5 years (in ₹)?
  5. 5.What is the simple interest on ₹6100 at 7% per year for 4 years (in ₹)?
  6. 6.A fan bought for ₹1500 is sold for ₹1950. What is the profit per cent?
  7. 7.A shopkeeper buys a fan for ₹1400 and sells it for ₹1260. What is the loss (in ₹)?
  8. 8.What is the simple interest on ₹3200 at 7% per year for 4 years (in ₹)?
  9. 9.A shopkeeper buys a cooler for ₹300 and sells it for ₹520. What is the profit (in ₹)?
  10. 10.A table costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹10000 at 8% per year for 1 year (in ₹)?
  12. 12.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1670. What is the profit (in ₹)?
  13. 13.What is the simple interest on ₹1100 at 9% per year for 5 years (in ₹)?
  14. 14.What is 10% of 680?
  15. 15.A watch bought for ₹2200 is sold for ₹2090. What is the loss per cent?
  16. 16.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1030. What is the loss (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹3300 at 7% per year for 3 years (in ₹)?
  18. 18.What is 75% of 420?
  19. 19.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹150. What is the loss (in ₹)?
  20. 20.A shopkeeper buys a fan for ₹1750 and sells it for ₹1960. What is the profit (in ₹)?
  21. 21.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2450. What is the profit (in ₹)?
  22. 22.A mobile phone costs ₹1500. It is sold at a 25% profit. What is the selling price (in ₹)?
  23. 23.The price of a bus pass changed from ₹200 to ₹202. What is the percentage increase?
  24. 24.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
  25. 25.A mobile phone costs ₹1400. It is sold at a 40% loss. What is the selling price (in ₹)?
  26. 26.What is the simple interest on ₹6800 at 3% per year for 5 years (in ₹)?
  27. 27.What is 40% of 200?
  28. 28.What is 90% of 100?
  29. 29.A shopkeeper buys a table for ₹1100 and sells it for ₹910. What is the loss (in ₹)?
  30. 30.What is 95% of 640?
  31. 31.A shopkeeper buys a watch for ₹400 and sells it for ₹290. What is the loss (in ₹)?
  32. 32.A mobile phone costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹1700 at 12% per year for 3 years (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹7500 at 11% per year for 5 years (in ₹)?
  35. 35.What is 65% of 960?
  36. 36.A cooler costs ₹300. It is sold at a 15% profit. What is the selling price (in ₹)?
  37. 37.What is 20% of 960?
  38. 38.A cricket kit costs ₹3800. It is sold at a 15% loss. What is the selling price (in ₹)?
  39. 39.What is 20% of 100?
  40. 40.A cricket kit costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?

Answer key

  1. 280
  2. 4494
  3. 150
  4. 1430
  5. 1708
  6. 30
  7. 140
  8. 896
  9. 220
  10. 2750
  11. 10800
  12. 70
  13. 495
  14. 68
  15. 5
  16. 70
  17. 3993
  18. 315
  19. 50
  20. 210
  21. 150
  22. 1875
  23. 1
  24. 40
  25. 840
  26. 1020
  27. 80
  28. 90
  29. 190
  30. 608
  31. 110
  32. 440
  33. 612
  34. 11625
  35. 624
  36. 345
  37. 192
  38. 3230
  39. 20
  40. 4030

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