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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 330 · 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 mobile phone costs ₹600. It is sold at a 15% profit. What is the selling price (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹3000 at 8% per year for 5 years (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹5100 at 6% per year for 2 years (in ₹)?
  4. 4.A shopkeeper buys a fan for ₹1650 and sells it for ₹1590. What is the loss (in ₹)?
  5. 5.A watch bought for ₹3700 is sold for ₹5550. What is the profit per cent?
  6. 6.A shopkeeper buys a cycle for ₹600 and sells it for ₹340. What is the loss (in ₹)?
  7. 7.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹2290. What is the profit (in ₹)?
  8. 8.What is 15% of 840?
  9. 9.A sewing machine costs ₹2400. It is sold at a 15% loss. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a cooler for ₹300 and sells it for ₹460. What is the profit (in ₹)?
  11. 11.A sewing machine bought for ₹3100 is sold for ₹3472. What is the profit per cent?
  12. 12.What is 5% of 920?
  13. 13.What is 5% of 100?
  14. 14.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  15. 15.A fan bought for ₹500 is sold for ₹625. What is the profit per cent?
  16. 16.What is the simple interest on ₹6000 at 6% per year for 2 years (in ₹)?
  17. 17.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2010. What is the loss (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹2200 at 12% per year for 2 years (in ₹)?
  19. 19.What is the simple interest on ₹1000 at 3% per year for 1 year (in ₹)?
  20. 20.The price of a school bag changed from ₹40 to ₹28. What is the percentage decrease?
  21. 21.What is the simple interest on ₹5300 at 8% per year for 3 years (in ₹)?
  22. 22.A shopkeeper buys a sewing machine for ₹1450 and sells it for ₹1680. What is the profit (in ₹)?
  23. 23.A sewing machine bought for ₹700 is sold for ₹350. What is the loss per cent?
  24. 24.A table bought for ₹1100 is sold for ₹935. What is the loss per cent?
  25. 25.A cycle costs ₹2200. It is sold at a 30% profit. What is the selling price (in ₹)?
  26. 26.A sewing machine bought for ₹300 is sold for ₹210. What is the loss per cent?
  27. 27.A fan bought for ₹3400 is sold for ₹4080. What is the profit per cent?
  28. 28.A mobile phone bought for ₹1000 is sold for ₹1250. What is the profit per cent?
  29. 29.What is 15% of 800?
  30. 30.A shopkeeper buys a mobile phone for ₹2950 and sells it for ₹3200. What is the profit (in ₹)?
  31. 31.A shopkeeper buys a cooler for ₹300 and sells it for ₹290. What is the loss (in ₹)?
  32. 32.A shopkeeper buys a table for ₹1350 and sells it for ₹1160. What is the loss (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹3900 at 3% per year for 2 years (in ₹)?
  34. 34.A cooler costs ₹300. It is sold at a 12% profit. What is the selling price (in ₹)?
  35. 35.What is 5% of 340?
  36. 36.The price of a school bag changed from ₹40 to ₹48. What is the percentage increase?
  37. 37.A shopkeeper buys a fan for ₹450 and sells it for ₹460. What is the profit (in ₹)?
  38. 38.What is the simple interest on ₹4900 at 9% per year for 1 year (in ₹)?
  39. 39.What is the simple interest on ₹4700 at 9% per year for 4 years (in ₹)?
  40. 40.What is the simple interest on ₹1100 at 6% per year for 1 year (in ₹)?

Answer key

  1. 690
  2. 4200
  3. 5712
  4. 60
  5. 50
  6. 260
  7. 190
  8. 126
  9. 2040
  10. 160
  11. 12
  12. 46
  13. 5
  14. 20
  15. 25
  16. 720
  17. 240
  18. 2728
  19. 30
  20. 30
  21. 1272
  22. 230
  23. 50
  24. 15
  25. 2860
  26. 30
  27. 20
  28. 25
  29. 120
  30. 250
  31. 10
  32. 190
  33. 4134
  34. 336
  35. 17
  36. 20
  37. 10
  38. 441
  39. 1692
  40. 66

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