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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 582 · 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 ₹1300 and sells it for ₹1220. What is the loss (in ₹)?
  2. 2.A fan bought for ₹2800 is sold for ₹3920. What is the profit per cent?
  3. 3.A shopkeeper buys a table for ₹2150 and sells it for ₹2400. What is the profit (in ₹)?
  4. 4.A shopkeeper buys a mobile phone for ₹2500 and sells it for ₹2710. What is the profit (in ₹)?
  5. 5.A shopkeeper buys a cooler for ₹2800 and sells it for ₹2970. What is the profit (in ₹)?
  6. 6.What is the simple interest on ₹8300 at 3% per year for 5 years (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹2860. What is the profit (in ₹)?
  8. 8.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹580. What is the loss (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹5100 at 10% per year for 1 year (in ₹)?
  10. 10.A mobile phone bought for ₹2700 is sold for ₹2160. What is the loss per cent?
  11. 11.A cricket kit costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
  12. 12.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
  13. 13.What is the simple interest on ₹7200 at 4% per year for 4 years (in ₹)?
  14. 14.The price of a cricket ball changed from ₹40 to ₹70. What is the percentage increase?
  15. 15.A cooler costs ₹400. It is sold at a 25% profit. What is the selling price (in ₹)?
  16. 16.What is the simple interest on ₹3800 at 2% per year for 3 years (in ₹)?
  17. 17.The price of a water bottle changed from ₹400 to ₹80. What is the percentage decrease?
  18. 18.What is 5% of 440?
  19. 19.What is the amount (principal + simple interest) on ₹2400 at 8% per year for 1 year (in ₹)?
  20. 20.A cricket kit bought for ₹1800 is sold for ₹1710. What is the loss per cent?
  21. 21.A shopkeeper buys a watch for ₹1450 and sells it for ₹1740. What is the profit (in ₹)?
  22. 22.A cycle costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
  23. 23.The price of a school bag changed from ₹500 to ₹510. What is the percentage increase?
  24. 24.A shopkeeper buys a sewing machine for ₹600 and sells it for ₹680. What is the profit (in ₹)?
  25. 25.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹930. What is the loss (in ₹)?
  26. 26.A table costs ₹1200. It is sold at a 10% profit. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹530. What is the loss (in ₹)?
  28. 28.A cricket kit costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
  29. 29.A watch costs ₹2800. It is sold at a 15% loss. What is the selling price (in ₹)?
  30. 30.The price of a water bottle changed from ₹20 to ₹36. What is the percentage increase?
  31. 31.What is the simple interest on ₹9800 at 5% per year for 4 years (in ₹)?
  32. 32.The price of a school bag changed from ₹20 to ₹15. What is the percentage decrease?
  33. 33.What is 30% of 920?
  34. 34.A watch bought for ₹2900 is sold for ₹4060. What is the profit per cent?
  35. 35.A shopkeeper buys a table for ₹500 and sells it for ₹370. What is the loss (in ₹)?
  36. 36.A sewing machine bought for ₹200 is sold for ₹176. What is the loss per cent?
  37. 37.A watch bought for ₹1600 is sold for ₹1520. What is the loss per cent?
  38. 38.What is the simple interest on ₹8100 at 11% per year for 3 years (in ₹)?
  39. 39.A shopkeeper buys a watch for ₹2200 and sells it for ₹2370. What is the profit (in ₹)?
  40. 40.The price of a cricket ball changed from ₹20 to ₹15. What is the percentage decrease?

Answer key

  1. 80
  2. 40
  3. 250
  4. 210
  5. 170
  6. 1245
  7. 10
  8. 20
  9. 5610
  10. 20
  11. 1710
  12. 40
  13. 1152
  14. 75
  15. 500
  16. 228
  17. 80
  18. 22
  19. 2592
  20. 5
  21. 290
  22. 1600
  23. 2
  24. 80
  25. 20
  26. 1320
  27. 20
  28. 910
  29. 2380
  30. 80
  31. 1960
  32. 25
  33. 276
  34. 40
  35. 130
  36. 12
  37. 5
  38. 2673
  39. 170
  40. 25

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