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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 622 · 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 cycle for ₹2850 and sells it for ₹2690. What is the loss (in ₹)?
  2. 2.What is 85% of 740?
  3. 3.What is 15% of 680?
  4. 4.A fan bought for ₹2300 is sold for ₹2875. What is the profit per cent?
  5. 5.A cooler costs ₹500. It is sold at a 25% loss. What is the selling price (in ₹)?
  6. 6.The price of a box of mangoes changed from ₹400 to ₹720. What is the percentage increase?
  7. 7.What is the simple interest on ₹3200 at 8% per year for 1 year (in ₹)?
  8. 8.A table costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a table for ₹2700 and sells it for ₹2770. What is the profit (in ₹)?
  10. 10.A mobile phone costs ₹3200. It is sold at a 20% loss. What is the selling price (in ₹)?
  11. 11.A mobile phone bought for ₹500 is sold for ₹350. What is the loss per cent?
  12. 12.A cycle costs ₹3900. It is sold at a 40% profit. What is the selling price (in ₹)?
  13. 13.What is 95% of 540?
  14. 14.What is the simple interest on ₹5700 at 12% per year for 3 years (in ₹)?
  15. 15.What is the simple interest on ₹3500 at 10% per year for 1 year (in ₹)?
  16. 16.A cricket kit bought for ₹2700 is sold for ₹2160. What is the loss per cent?
  17. 17.A cricket kit bought for ₹3600 is sold for ₹4032. What is the profit per cent?
  18. 18.A shopkeeper buys a watch for ₹1850 and sells it for ₹1780. What is the loss (in ₹)?
  19. 19.The price of a cricket ball changed from ₹20 to ₹8. What is the percentage decrease?
  20. 20.What is the simple interest on ₹2900 at 12% per year for 4 years (in ₹)?
  21. 21.A table bought for ₹3600 is sold for ₹3960. What is the profit per cent?
  22. 22.A shopkeeper buys a mobile phone for ₹2850 and sells it for ₹2590. What is the loss (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹3700 at 12% per year for 1 year (in ₹)?
  24. 24.A watch costs ₹2000. It is sold at a 50% loss. What is the selling price (in ₹)?
  25. 25.A mobile phone costs ₹3900. It is sold at a 25% loss. What is the selling price (in ₹)?
  26. 26.What is 10% of 660?
  27. 27.What is 65% of 180?
  28. 28.A sewing machine bought for ₹1400 is sold for ₹1470. What is the profit per cent?
  29. 29.What is the simple interest on ₹7300 at 11% per year for 3 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹3100 at 9% per year for 2 years (in ₹)?
  31. 31.What is 35% of 640?
  32. 32.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2640. What is the loss (in ₹)?
  33. 33.The price of a bus pass changed from ₹80 to ₹60. What is the percentage decrease?
  34. 34.What is the simple interest on ₹8300 at 5% per year for 1 year (in ₹)?
  35. 35.What is the simple interest on ₹3000 at 4% per year for 3 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹3700 at 4% per year for 1 year (in ₹)?
  37. 37.A watch bought for ₹400 is sold for ₹480. What is the profit per cent?
  38. 38.What is the simple interest on ₹8400 at 12% per year for 5 years (in ₹)?
  39. 39.What is the simple interest on ₹3600 at 4% per year for 4 years (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹1800 at 11% per year for 1 year (in ₹)?

Answer key

  1. 160
  2. 629
  3. 102
  4. 25
  5. 375
  6. 80
  7. 256
  8. 3145
  9. 70
  10. 2560
  11. 30
  12. 5460
  13. 513
  14. 2052
  15. 350
  16. 20
  17. 12
  18. 70
  19. 60
  20. 1392
  21. 10
  22. 260
  23. 4144
  24. 1000
  25. 2925
  26. 66
  27. 117
  28. 5
  29. 2409
  30. 3658
  31. 224
  32. 60
  33. 25
  34. 415
  35. 360
  36. 3848
  37. 20
  38. 5040
  39. 576
  40. 1998

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