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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 498 · 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 table for ₹1650 and sells it for ₹1350. What is the loss (in ₹)?
  2. 2.What is the simple interest on ₹9500 at 2% per year for 3 years (in ₹)?
  3. 3.What is 80% of 800?
  4. 4.What is 75% of 780?
  5. 5.The price of a school bag changed from ₹50 to ₹80. What is the percentage increase?
  6. 6.The price of a cricket ball changed from ₹200 to ₹204. What is the percentage increase?
  7. 7.What is 55% of 280?
  8. 8.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
  9. 9.What is the simple interest on ₹4500 at 7% per year for 5 years (in ₹)?
  10. 10.A fan bought for ₹3000 is sold for ₹2640. What is the loss per cent?
  11. 11.A mobile phone bought for ₹1800 is sold for ₹1350. What is the loss per cent?
  12. 12.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
  13. 13.A table bought for ₹1500 is sold for ₹1680. What is the profit per cent?
  14. 14.A cycle costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?
  15. 15.A shopkeeper buys a cycle for ₹250 and sells it for ₹60. What is the loss (in ₹)?
  16. 16.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1100. What is the loss (in ₹)?
  17. 17.A cricket kit bought for ₹3800 is sold for ₹4180. What is the profit per cent?
  18. 18.What is 65% of 460?
  19. 19.A watch bought for ₹600 is sold for ₹510. What is the loss per cent?
  20. 20.A cooler costs ₹1400. It is sold at a 25% loss. What is the selling price (in ₹)?
  21. 21.What is 20% of 800?
  22. 22.A cricket kit costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹8200 at 11% per year for 1 year (in ₹)?
  24. 24.A cooler costs ₹1500. It is sold at a 15% loss. What is the selling price (in ₹)?
  25. 25.A cricket kit bought for ₹1400 is sold for ₹1750. What is the profit per cent?
  26. 26.A cycle costs ₹300. It is sold at a 15% loss. What is the selling price (in ₹)?
  27. 27.A mobile phone bought for ₹1200 is sold for ₹1800. What is the profit per cent?
  28. 28.What is the amount (principal + simple interest) on ₹1900 at 10% per year for 1 year (in ₹)?
  29. 29.What is the simple interest on ₹7000 at 10% per year for 1 year (in ₹)?
  30. 30.A cooler bought for ₹1000 is sold for ₹1150. What is the profit per cent?
  31. 31.The price of a cricket ball changed from ₹40 to ₹28. What is the percentage decrease?
  32. 32.A cricket kit costs ₹200. It is sold at a 20% loss. What is the selling price (in ₹)?
  33. 33.The price of a school bag changed from ₹40 to ₹50. What is the percentage increase?
  34. 34.What is 20% of 840?
  35. 35.The price of a bus pass changed from ₹250 to ₹25. What is the percentage decrease?
  36. 36.A sewing machine costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
  37. 37.A shopkeeper buys a cooler for ₹2200 and sells it for ₹2130. What is the loss (in ₹)?
  38. 38.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹1780. What is the loss (in ₹)?
  39. 39.What is the simple interest on ₹4600 at 12% per year for 4 years (in ₹)?
  40. 40.A shopkeeper buys a fan for ₹400 and sells it for ₹430. What is the profit (in ₹)?

Answer key

  1. 300
  2. 570
  3. 640
  4. 585
  5. 60
  6. 2
  7. 154
  8. 40
  9. 1575
  10. 12
  11. 25
  12. 60
  13. 12
  14. 2450
  15. 190
  16. 100
  17. 10
  18. 299
  19. 15
  20. 1050
  21. 160
  22. 480
  23. 9102
  24. 1275
  25. 25
  26. 255
  27. 50
  28. 2090
  29. 700
  30. 15
  31. 30
  32. 160
  33. 25
  34. 168
  35. 90
  36. 225
  37. 70
  38. 70
  39. 2208
  40. 30

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