Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 379 · 40 sums

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.

1. 1.A shopkeeper buys a watch for ₹450 and sells it for ₹230. What is the loss (in ₹)?
2. 2.A watch bought for ₹1800 is sold for ₹1890. What is the profit per cent?
3. 3.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1780. What is the profit (in ₹)?
4. 4.A cycle costs ₹4000. It is sold at a 40% profit. What is the selling price (in ₹)?
5. 5.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1250. What is the profit (in ₹)?
6. 6.What is 30% of 720?
7. 7.What is the simple interest on ₹7200 at 2% per year for 5 years (in ₹)?
8. 8.A cycle bought for ₹2200 is sold for ₹1760. What is the loss per cent?
9. 9.The price of a box of mangoes changed from ₹50 to ₹30. What is the percentage decrease?
10. 10.A fan costs ₹1100. It is sold at a 20% loss. What is the selling price (in ₹)?
11. 11.What is 15% of 320?
12. 12.A shopkeeper buys a mobile phone for ₹1200 and sells it for ₹1340. What is the profit (in ₹)?
13. 13.What is the amount (principal + simple interest) on ₹7100 at 10% per year for 1 year (in ₹)?
14. 14.A watch bought for ₹3300 is sold for ₹4950. What is the profit per cent?
15. 15.A cricket kit bought for ₹3500 is sold for ₹4550. What is the profit per cent?
16. 16.What is 55% of 320?
17. 17.A mobile phone costs ₹2700. It is sold at a 50% loss. What is the selling price (in ₹)?
18. 18.What is 25% of 220?
19. 19.A cooler bought for ₹1800 is sold for ₹2160. What is the profit per cent?
20. 20.A fan costs ₹3400. It is sold at a 10% profit. What is the selling price (in ₹)?
21. 21.A shopkeeper buys a cycle for ₹1400 and sells it for ₹1390. What is the loss (in ₹)?
22. 22.A cycle bought for ₹4000 is sold for ₹3000. What is the loss per cent?
23. 23.What is the amount (principal + simple interest) on ₹8800 at 2% per year for 1 year (in ₹)?
24. 24.The price of a bus pass changed from ₹20 to ₹19. What is the percentage decrease?
25. 25.What is 15% of 60?
26. 26.What is 60% of 400?
27. 27.The price of a box of mangoes changed from ₹25 to ₹20. What is the percentage decrease?
28. 28.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹1080. What is the loss (in ₹)?
29. 29.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1880. What is the profit (in ₹)?
30. 30.What is 25% of 320?
31. 31.A cycle costs ₹1200. It is sold at a 10% profit. What is the selling price (in ₹)?
32. 32.What is the simple interest on ₹6000 at 2% per year for 1 year (in ₹)?
33. 33.A shopkeeper buys a fan for ₹2500 and sells it for ₹2410. What is the loss (in ₹)?
34. 34.A watch bought for ₹1600 is sold for ₹2240. What is the profit per cent?
35. 35.A shopkeeper buys a fan for ₹1950 and sells it for ₹1660. What is the loss (in ₹)?
36. 36.The price of a school bag changed from ₹50 to ₹5. What is the percentage decrease?
37. 37.What is 15% of 500?
38. 38.The price of a school bag changed from ₹500 to ₹750. What is the percentage increase?
39. 39.What is 25% of 40?
40. 40.What is 85% of 600?

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