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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 519 · 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 ₹1750 and sells it for ₹1900. What is the profit (in ₹)?
  2. 2.What is the simple interest on ₹9400 at 2% per year for 5 years (in ₹)?
  3. 3.What is 90% of 440?
  4. 4.What is 75% of 320?
  5. 5.What is the simple interest on ₹8500 at 11% per year for 3 years (in ₹)?
  6. 6.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹660. What is the loss (in ₹)?
  7. 7.The price of a box of mangoes changed from ₹50 to ₹49. What is the percentage decrease?
  8. 8.What is 15% of 880?
  9. 9.The price of a bus pass changed from ₹400 to ₹700. What is the percentage increase?
  10. 10.A shopkeeper buys a cooler for ₹2200 and sells it for ₹2420. What is the profit (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹7500 at 4% per year for 3 years (in ₹)?
  12. 12.The price of a cricket ball changed from ₹250 to ₹245. What is the percentage decrease?
  13. 13.What is 65% of 360?
  14. 14.What is the amount (principal + simple interest) on ₹6700 at 6% per year for 2 years (in ₹)?
  15. 15.What is the simple interest on ₹7700 at 12% per year for 4 years (in ₹)?
  16. 16.The price of a school bag changed from ₹500 to ₹875. What is the percentage increase?
  17. 17.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 5 years (in ₹)?
  18. 18.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹830. What is the profit (in ₹)?
  19. 19.A shopkeeper buys a table for ₹600 and sells it for ₹540. What is the loss (in ₹)?
  20. 20.A fan costs ₹2500. It is sold at a 30% profit. What is the selling price (in ₹)?
  21. 21.What is 35% of 180?
  22. 22.A sewing machine costs ₹3400. It is sold at a 12% loss. What is the selling price (in ₹)?
  23. 23.The price of a bus pass changed from ₹400 to ₹408. What is the percentage increase?
  24. 24.A mobile phone bought for ₹1400 is sold for ₹1540. What is the profit per cent?
  25. 25.What is 10% of 260?
  26. 26.What is the simple interest on ₹1100 at 5% per year for 5 years (in ₹)?
  27. 27.A fan costs ₹3700. It is sold at a 40% loss. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a table for ₹1850 and sells it for ₹2030. What is the profit (in ₹)?
  29. 29.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
  30. 30.What is the simple interest on ₹4000 at 3% per year for 5 years (in ₹)?
  31. 31.A shopkeeper buys a fan for ₹1700 and sells it for ₹1520. What is the loss (in ₹)?
  32. 32.A cycle costs ₹3000. It is sold at a 25% profit. What is the selling price (in ₹)?
  33. 33.A cooler bought for ₹3900 is sold for ₹3315. What is the loss per cent?
  34. 34.What is the simple interest on ₹2700 at 3% per year for 2 years (in ₹)?
  35. 35.A fan costs ₹1500. It is sold at a 12% loss. What is the selling price (in ₹)?
  36. 36.The price of a pair of shoes changed from ₹25 to ₹45. What is the percentage increase?
  37. 37.A fan bought for ₹1900 is sold for ₹2090. What is the profit per cent?
  38. 38.What is 80% of 800?
  39. 39.What is 60% of 1000?
  40. 40.What is the simple interest on ₹8600 at 11% per year for 1 year (in ₹)?

Answer key

  1. 150
  2. 940
  3. 396
  4. 240
  5. 2805
  6. 140
  7. 2
  8. 132
  9. 75
  10. 220
  11. 8400
  12. 2
  13. 234
  14. 7504
  15. 3696
  16. 75
  17. 7590
  18. 30
  19. 60
  20. 3250
  21. 63
  22. 2992
  23. 2
  24. 10
  25. 26
  26. 275
  27. 2220
  28. 180
  29. 30
  30. 600
  31. 180
  32. 3750
  33. 15
  34. 162
  35. 1320
  36. 80
  37. 10
  38. 640
  39. 600
  40. 946

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