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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 584 · 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 sewing machine for ₹500 and sells it for ₹670. What is the profit (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹1800 at 3% per year for 1 year (in ₹)?
  3. 3.What is 60% of 820?
  4. 4.What is the amount (principal + simple interest) on ₹4600 at 10% per year for 5 years (in ₹)?
  5. 5.A sewing machine costs ₹3800. It is sold at a 40% loss. What is the selling price (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹10000 at 4% per year for 1 year (in ₹)?
  7. 7.A shopkeeper buys a table for ₹650 and sells it for ₹670. What is the profit (in ₹)?
  8. 8.What is the simple interest on ₹3800 at 12% per year for 4 years (in ₹)?
  9. 9.A watch costs ₹3500. It is sold at a 5% profit. What is the selling price (in ₹)?
  10. 10.The price of a box of mangoes changed from ₹250 to ₹50. What is the percentage decrease?
  11. 11.What is 25% of 760?
  12. 12.A watch bought for ₹1400 is sold for ₹1190. What is the loss per cent?
  13. 13.A shopkeeper buys a cricket kit for ₹1400 and sells it for ₹1650. What is the profit (in ₹)?
  14. 14.A mobile phone costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
  15. 15.A table costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
  16. 16.A table bought for ₹2900 is sold for ₹2320. What is the loss per cent?
  17. 17.What is the amount (principal + simple interest) on ₹9200 at 6% per year for 3 years (in ₹)?
  18. 18.A fan costs ₹4000. It is sold at a 50% profit. What is the selling price (in ₹)?
  19. 19.What is the simple interest on ₹1300 at 2% per year for 1 year (in ₹)?
  20. 20.A cycle costs ₹1800. It is sold at a 30% profit. What is the selling price (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹4300 at 4% per year for 1 year (in ₹)?
  22. 22.A fan bought for ₹1100 is sold for ₹880. What is the loss per cent?
  23. 23.A cycle costs ₹2900. It is sold at a 12% loss. What is the selling price (in ₹)?
  24. 24.A watch costs ₹2900. It is sold at a 20% loss. What is the selling price (in ₹)?
  25. 25.What is 20% of 200?
  26. 26.The price of a school bag changed from ₹250 to ₹50. What is the percentage decrease?
  27. 27.A shopkeeper buys a fan for ₹200 and sells it for ₹160. What is the loss (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹1500 at 6% per year for 3 years (in ₹)?
  29. 29.A sewing machine costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
  30. 30.What is the simple interest on ₹4600 at 3% per year for 2 years (in ₹)?
  31. 31.The price of a cricket ball changed from ₹50 to ₹35. What is the percentage decrease?
  32. 32.A sewing machine costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
  33. 33.A cricket kit bought for ₹1200 is sold for ₹840. What is the loss per cent?
  34. 34.What is the simple interest on ₹8900 at 10% per year for 3 years (in ₹)?
  35. 35.A fan bought for ₹2600 is sold for ₹3900. What is the profit per cent?
  36. 36.The price of a water bottle changed from ₹20 to ₹24. What is the percentage increase?
  37. 37.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹740. What is the profit (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹3300 at 4% per year for 1 year (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹2500 at 6% per year for 5 years (in ₹)?
  40. 40.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹1050. What is the profit (in ₹)?

Answer key

  1. 170
  2. 1854
  3. 492
  4. 6900
  5. 2280
  6. 10400
  7. 20
  8. 1824
  9. 3675
  10. 80
  11. 190
  12. 15
  13. 250
  14. 1700
  15. 896
  16. 20
  17. 10856
  18. 6000
  19. 26
  20. 2340
  21. 4472
  22. 20
  23. 2552
  24. 2320
  25. 40
  26. 80
  27. 40
  28. 1770
  29. 480
  30. 276
  31. 30
  32. 990
  33. 30
  34. 2670
  35. 50
  36. 20
  37. 240
  38. 3432
  39. 3250
  40. 100

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