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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 597 · 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.What is the amount (principal + simple interest) on ₹4000 at 5% per year for 5 years (in ₹)?
  2. 2.A shopkeeper buys a fan for ₹2450 and sells it for ₹2570. What is the profit (in ₹)?
  3. 3.A fan costs ₹800. It is sold at a 50% profit. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹690. What is the profit (in ₹)?
  5. 5.A shopkeeper buys a table for ₹2100 and sells it for ₹2260. What is the profit (in ₹)?
  6. 6.What is 30% of 260?
  7. 7.A cycle costs ₹1800. It is sold at a 20% loss. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹8600 at 5% per year for 1 year (in ₹)?
  9. 9.A shopkeeper buys a table for ₹1100 and sells it for ₹1330. What is the profit (in ₹)?
  10. 10.What is the simple interest on ₹9500 at 4% per year for 4 years (in ₹)?
  11. 11.A shopkeeper buys a watch for ₹1300 and sells it for ₹1550. What is the profit (in ₹)?
  12. 12.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1050. What is the loss (in ₹)?
  13. 13.A table bought for ₹400 is sold for ₹380. What is the loss per cent?
  14. 14.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹1560. What is the loss (in ₹)?
  15. 15.A shopkeeper buys a table for ₹2350 and sells it for ₹2570. What is the profit (in ₹)?
  16. 16.A cooler costs ₹2500. It is sold at a 50% profit. What is the selling price (in ₹)?
  17. 17.What is the simple interest on ₹2500 at 11% per year for 3 years (in ₹)?
  18. 18.What is the simple interest on ₹1300 at 5% per year for 1 year (in ₹)?
  19. 19.A table costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
  20. 20.What is the simple interest on ₹2800 at 5% per year for 4 years (in ₹)?
  21. 21.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹3000. What is the profit (in ₹)?
  22. 22.A watch costs ₹1100. It is sold at a 12% loss. What is the selling price (in ₹)?
  23. 23.A sewing machine bought for ₹2600 is sold for ₹2912. What is the profit per cent?
  24. 24.What is the simple interest on ₹7400 at 7% per year for 2 years (in ₹)?
  25. 25.A fan costs ₹3400. It is sold at a 10% loss. What is the selling price (in ₹)?
  26. 26.A cycle costs ₹900. It is sold at a 5% profit. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a fan for ₹500 and sells it for ₹410. What is the loss (in ₹)?
  28. 28.A cooler bought for ₹2600 is sold for ₹2470. What is the loss per cent?
  29. 29.A watch bought for ₹3800 is sold for ₹3610. What is the loss per cent?
  30. 30.What is 15% of 680?
  31. 31.A cycle bought for ₹500 is sold for ₹600. What is the profit per cent?
  32. 32.What is the simple interest on ₹3000 at 2% per year for 5 years (in ₹)?
  33. 33.What is 30% of 80?
  34. 34.A sewing machine bought for ₹3200 is sold for ₹2880. What is the loss per cent?
  35. 35.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1320. What is the loss (in ₹)?
  36. 36.What is 95% of 60?
  37. 37.A cooler costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
  38. 38.A watch costs ₹2500. It is sold at a 50% loss. What is the selling price (in ₹)?
  39. 39.A cycle costs ₹1300. It is sold at a 25% loss. What is the selling price (in ₹)?
  40. 40.What is 45% of 720?

Answer key

  1. 5000
  2. 120
  3. 1200
  4. 240
  5. 160
  6. 78
  7. 1440
  8. 430
  9. 230
  10. 1520
  11. 250
  12. 300
  13. 5
  14. 240
  15. 220
  16. 3750
  17. 825
  18. 65
  19. 210
  20. 560
  21. 100
  22. 968
  23. 12
  24. 1036
  25. 3060
  26. 945
  27. 90
  28. 5
  29. 5
  30. 102
  31. 20
  32. 300
  33. 24
  34. 10
  35. 130
  36. 57
  37. 3000
  38. 1250
  39. 975
  40. 324

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