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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 274 · 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.What is the amount (principal + simple interest) on ₹9600 at 8% per year for 1 year (in ₹)?
  2. 2.A shopkeeper buys a watch for ₹2400 and sells it for ₹2620. What is the profit (in ₹)?
  3. 3.A shopkeeper buys a cooler for ₹950 and sells it for ₹810. What is the loss (in ₹)?
  4. 4.A fan costs ₹1300. It is sold at a 40% loss. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹8900 at 9% per year for 2 years (in ₹)?
  6. 6.A mobile phone bought for ₹3600 is sold for ₹4500. What is the profit per cent?
  7. 7.A fan bought for ₹4000 is sold for ₹4480. What is the profit per cent?
  8. 8.A shopkeeper buys a watch for ₹950 and sells it for ₹1200. What is the profit (in ₹)?
  9. 9.A shopkeeper buys a mobile phone for ₹1750 and sells it for ₹1680. What is the loss (in ₹)?
  10. 10.A cricket kit bought for ₹2300 is sold for ₹1840. What is the loss per cent?
  11. 11.What is the simple interest on ₹8900 at 2% per year for 5 years (in ₹)?
  12. 12.What is the simple interest on ₹6500 at 10% per year for 5 years (in ₹)?
  13. 13.The price of a bus pass changed from ₹200 to ₹220. What is the percentage increase?
  14. 14.A sewing machine bought for ₹200 is sold for ₹170. What is the loss per cent?
  15. 15.What is 40% of 720?
  16. 16.The price of a cricket ball changed from ₹250 to ₹255. What is the percentage increase?
  17. 17.A watch bought for ₹2800 is sold for ₹2660. What is the loss per cent?
  18. 18.What is 80% of 140?
  19. 19.The price of a box of mangoes changed from ₹80 to ₹96. What is the percentage increase?
  20. 20.The price of a water bottle changed from ₹20 to ₹30. What is the percentage increase?
  21. 21.A cooler bought for ₹800 is sold for ₹400. What is the loss per cent?
  22. 22.A table bought for ₹800 is sold for ₹560. What is the loss per cent?
  23. 23.A mobile phone costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
  24. 24.What is 60% of 940?
  25. 25.The price of a box of mangoes changed from ₹500 to ₹350. What is the percentage decrease?
  26. 26.A cycle costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
  27. 27.A fan bought for ₹600 is sold for ₹570. What is the loss per cent?
  28. 28.A shopkeeper buys a mobile phone for ₹250 and sells it for ₹400. What is the profit (in ₹)?
  29. 29.A sewing machine bought for ₹2200 is sold for ₹2530. What is the profit per cent?
  30. 30.A watch bought for ₹2000 is sold for ₹1700. What is the loss per cent?
  31. 31.What is the simple interest on ₹8100 at 5% per year for 2 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹1800 at 5% per year for 4 years (in ₹)?
  33. 33.A sewing machine costs ₹2800. It is sold at a 10% profit. What is the selling price (in ₹)?
  34. 34.What is 25% of 60?
  35. 35.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹2130. What is the profit (in ₹)?
  36. 36.What is the simple interest on ₹8800 at 3% per year for 2 years (in ₹)?
  37. 37.A sewing machine costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
  38. 38.What is the simple interest on ₹1300 at 10% per year for 1 year (in ₹)?
  39. 39.What is the simple interest on ₹5300 at 3% per year for 5 years (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹5100 at 4% per year for 5 years (in ₹)?

Answer key

  1. 10368
  2. 220
  3. 140
  4. 780
  5. 10502
  6. 25
  7. 12
  8. 250
  9. 70
  10. 20
  11. 890
  12. 3250
  13. 10
  14. 15
  15. 288
  16. 2
  17. 5
  18. 112
  19. 20
  20. 50
  21. 50
  22. 30
  23. 2520
  24. 564
  25. 30
  26. 4875
  27. 5
  28. 150
  29. 15
  30. 15
  31. 810
  32. 2160
  33. 3080
  34. 15
  35. 30
  36. 528
  37. 1584
  38. 130
  39. 795
  40. 6120

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