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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 406 · 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 watch for ₹1500 and sells it for ₹1480. What is the loss (in ₹)?
  2. 2.A cooler costs ₹1000. It is sold at a 20% profit. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹6700 at 12% per year for 5 years (in ₹)?
  4. 4.What is 90% of 580?
  5. 5.What is 25% of 760?
  6. 6.A cricket kit bought for ₹2600 is sold for ₹1820. What is the loss per cent?
  7. 7.What is 25% of 40?
  8. 8.What is 15% of 160?
  9. 9.What is the amount (principal + simple interest) on ₹4400 at 12% per year for 2 years (in ₹)?
  10. 10.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1410. What is the loss (in ₹)?
  11. 11.The price of a cricket ball changed from ₹400 to ₹640. What is the percentage increase?
  12. 12.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1580. What is the profit (in ₹)?
  13. 13.A table bought for ₹600 is sold for ₹300. What is the loss per cent?
  14. 14.A sewing machine costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹3700 at 6% per year for 4 years (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹6400 at 3% per year for 3 years (in ₹)?
  17. 17.A cooler costs ₹3600. It is sold at a 40% loss. What is the selling price (in ₹)?
  18. 18.The price of a pair of shoes changed from ₹400 to ₹480. What is the percentage increase?
  19. 19.What is 10% of 180?
  20. 20.What is the simple interest on ₹9100 at 4% per year for 4 years (in ₹)?
  21. 21.What is 10% of 620?
  22. 22.What is the simple interest on ₹500 at 5% per year for 1 year (in ₹)?
  23. 23.What is 55% of 540?
  24. 24.What is the simple interest on ₹4900 at 11% per year for 4 years (in ₹)?
  25. 25.What is the simple interest on ₹1900 at 7% per year for 2 years (in ₹)?
  26. 26.A shopkeeper buys a fan for ₹2200 and sells it for ₹2170. What is the loss (in ₹)?
  27. 27.What is the simple interest on ₹4000 at 6% per year for 5 years (in ₹)?
  28. 28.A cycle bought for ₹1000 is sold for ₹1400. What is the profit per cent?
  29. 29.A cycle costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
  30. 30.The price of a school bag changed from ₹400 to ₹600. What is the percentage increase?
  31. 31.What is the amount (principal + simple interest) on ₹1900 at 8% per year for 1 year (in ₹)?
  32. 32.A shopkeeper buys a fan for ₹900 and sells it for ₹920. What is the profit (in ₹)?
  33. 33.The price of a pair of shoes changed from ₹20 to ₹35. What is the percentage increase?
  34. 34.The price of a box of mangoes changed from ₹25 to ₹20. What is the percentage decrease?
  35. 35.A table costs ₹3800. It is sold at a 25% loss. What is the selling price (in ₹)?
  36. 36.The price of a water bottle changed from ₹80 to ₹16. What is the percentage decrease?
  37. 37.What is the simple interest on ₹1700 at 8% per year for 5 years (in ₹)?
  38. 38.A table bought for ₹1100 is sold for ₹1650. What is the profit per cent?
  39. 39.What is the amount (principal + simple interest) on ₹6600 at 5% per year for 1 year (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹1300 at 5% per year for 2 years (in ₹)?

Answer key

  1. 20
  2. 1200
  3. 4020
  4. 522
  5. 190
  6. 30
  7. 10
  8. 24
  9. 5456
  10. 290
  11. 60
  12. 230
  13. 50
  14. 805
  15. 4588
  16. 6976
  17. 2160
  18. 20
  19. 18
  20. 1456
  21. 62
  22. 25
  23. 297
  24. 2156
  25. 266
  26. 30
  27. 1200
  28. 40
  29. 225
  30. 50
  31. 2052
  32. 20
  33. 75
  34. 20
  35. 2850
  36. 80
  37. 680
  38. 50
  39. 6930
  40. 1430

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