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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 342 · 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 cooler for ₹1800 and sells it for ₹1830. What is the profit (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹600 at 9% per year for 1 year (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹700 at 3% per year for 3 years (in ₹)?
  4. 4.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2290. What is the loss (in ₹)?
  5. 5.The price of a pair of shoes changed from ₹20 to ₹14. What is the percentage decrease?
  6. 6.What is the amount (principal + simple interest) on ₹3900 at 4% per year for 5 years (in ₹)?
  7. 7.A cricket kit bought for ₹2100 is sold for ₹1575. What is the loss per cent?
  8. 8.A watch bought for ₹3600 is sold for ₹5040. What is the profit per cent?
  9. 9.A sewing machine bought for ₹3900 is sold for ₹2730. What is the loss per cent?
  10. 10.A cycle bought for ₹600 is sold for ₹570. What is the loss per cent?
  11. 11.What is 80% of 240?
  12. 12.The price of a bus pass changed from ₹20 to ₹32. What is the percentage increase?
  13. 13.The price of a water bottle changed from ₹250 to ₹375. What is the percentage increase?
  14. 14.What is the simple interest on ₹8300 at 5% per year for 5 years (in ₹)?
  15. 15.The price of a water bottle changed from ₹40 to ₹30. What is the percentage decrease?
  16. 16.What is the amount (principal + simple interest) on ₹9500 at 5% per year for 4 years (in ₹)?
  17. 17.What is the simple interest on ₹9300 at 4% per year for 5 years (in ₹)?
  18. 18.A cycle bought for ₹700 is sold for ₹910. What is the profit per cent?
  19. 19.What is 80% of 140?
  20. 20.What is the amount (principal + simple interest) on ₹9900 at 7% per year for 5 years (in ₹)?
  21. 21.What is 5% of 80?
  22. 22.What is 95% of 260?
  23. 23.A fan bought for ₹2300 is sold for ₹3450. What is the profit per cent?
  24. 24.A shopkeeper buys a cooler for ₹800 and sells it for ₹730. What is the loss (in ₹)?
  25. 25.A sewing machine bought for ₹200 is sold for ₹170. What is the loss per cent?
  26. 26.What is 60% of 960?
  27. 27.What is the amount (principal + simple interest) on ₹3900 at 12% per year for 1 year (in ₹)?
  28. 28.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2470. What is the loss (in ₹)?
  29. 29.A fan bought for ₹200 is sold for ₹240. What is the profit per cent?
  30. 30.What is the amount (principal + simple interest) on ₹2000 at 8% per year for 3 years (in ₹)?
  31. 31.A shopkeeper buys a cooler for ₹2650 and sells it for ₹2770. What is the profit (in ₹)?
  32. 32.A shopkeeper buys a fan for ₹2100 and sells it for ₹2270. What is the profit (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹6600 at 4% per year for 4 years (in ₹)?
  34. 34.A shopkeeper buys a cycle for ₹1650 and sells it for ₹1430. What is the loss (in ₹)?
  35. 35.The price of a water bottle changed from ₹25 to ₹20. What is the percentage decrease?
  36. 36.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1450. What is the loss (in ₹)?
  37. 37.A shopkeeper buys a fan for ₹1200 and sells it for ₹1260. What is the profit (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹3600 at 5% per year for 1 year (in ₹)?
  39. 39.What is 30% of 600?
  40. 40.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?

Answer key

  1. 30
  2. 654
  3. 763
  4. 10
  5. 30
  6. 4680
  7. 25
  8. 40
  9. 30
  10. 5
  11. 192
  12. 60
  13. 50
  14. 2075
  15. 25
  16. 11400
  17. 1860
  18. 30
  19. 112
  20. 13365
  21. 4
  22. 247
  23. 50
  24. 70
  25. 15
  26. 576
  27. 4368
  28. 30
  29. 20
  30. 2480
  31. 120
  32. 170
  33. 7656
  34. 220
  35. 20
  36. 50
  37. 60
  38. 3780
  39. 180
  40. 20

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