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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 585 · 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 fan for ₹2500 and sells it for ₹2490. What is the loss (in ₹)?
  2. 2.A fan bought for ₹2900 is sold for ₹1740. What is the loss per cent?
  3. 3.What is the simple interest on ₹4300 at 3% per year for 1 year (in ₹)?
  4. 4.What is 95% of 300?
  5. 5.The price of a water bottle changed from ₹40 to ₹8. What is the percentage decrease?
  6. 6.A cycle costs ₹1900. It is sold at a 12% profit. What is the selling price (in ₹)?
  7. 7.A cycle bought for ₹1700 is sold for ₹1904. What is the profit per cent?
  8. 8.What is the amount (principal + simple interest) on ₹900 at 4% per year for 3 years (in ₹)?
  9. 9.What is the simple interest on ₹3200 at 7% per year for 5 years (in ₹)?
  10. 10.What is 75% of 360?
  11. 11.A watch bought for ₹900 is sold for ₹630. What is the loss per cent?
  12. 12.What is the simple interest on ₹7900 at 3% per year for 3 years (in ₹)?
  13. 13.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1290. What is the profit (in ₹)?
  14. 14.A mobile phone costs ₹1400. It is sold at a 50% loss. What is the selling price (in ₹)?
  15. 15.The price of a pair of shoes changed from ₹250 to ₹50. What is the percentage decrease?
  16. 16.The price of a water bottle changed from ₹250 to ₹175. What is the percentage decrease?
  17. 17.The price of a bus pass changed from ₹200 to ₹220. What is the percentage increase?
  18. 18.What is the simple interest on ₹3800 at 9% per year for 2 years (in ₹)?
  19. 19.What is the simple interest on ₹9000 at 4% per year for 5 years (in ₹)?
  20. 20.A cycle bought for ₹2600 is sold for ₹2288. What is the loss per cent?
  21. 21.What is 45% of 420?
  22. 22.A table costs ₹3400. It is sold at a 5% loss. What is the selling price (in ₹)?
  23. 23.What is the simple interest on ₹7600 at 12% per year for 4 years (in ₹)?
  24. 24.A cooler bought for ₹1200 is sold for ₹1320. What is the profit per cent?
  25. 25.A cricket kit bought for ₹1400 is sold for ₹1470. What is the profit per cent?
  26. 26.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1210. What is the loss (in ₹)?
  27. 27.What is the simple interest on ₹5700 at 9% per year for 3 years (in ₹)?
  28. 28.A sewing machine costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
  29. 29.The price of a school bag changed from ₹80 to ₹144. What is the percentage increase?
  30. 30.What is 40% of 60?
  31. 31.A shopkeeper buys a fan for ₹1050 and sells it for ₹1070. What is the profit (in ₹)?
  32. 32.What is 75% of 40?
  33. 33.What is 15% of 280?
  34. 34.A shopkeeper buys a cooler for ₹2750 and sells it for ₹2900. What is the profit (in ₹)?
  35. 35.A cycle costs ₹1600. It is sold at a 30% loss. What is the selling price (in ₹)?
  36. 36.A mobile phone costs ₹1900. It is sold at a 20% loss. What is the selling price (in ₹)?
  37. 37.What is 75% of 600?
  38. 38.What is the simple interest on ₹4000 at 7% per year for 2 years (in ₹)?
  39. 39.A cooler bought for ₹1800 is sold for ₹2016. What is the profit per cent?
  40. 40.A cooler costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 40
  3. 129
  4. 285
  5. 80
  6. 2128
  7. 12
  8. 1008
  9. 1120
  10. 270
  11. 30
  12. 711
  13. 290
  14. 700
  15. 80
  16. 30
  17. 10
  18. 684
  19. 1800
  20. 12
  21. 189
  22. 3230
  23. 3648
  24. 10
  25. 5
  26. 140
  27. 1539
  28. 1170
  29. 80
  30. 24
  31. 20
  32. 30
  33. 42
  34. 150
  35. 1120
  36. 1520
  37. 450
  38. 560
  39. 12
  40. 3000

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