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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 65 · 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 cricket kit for ₹950 and sells it for ₹920. What is the loss (in ₹)?
  2. 2.What is 70% of 960?
  3. 3.The price of a pair of shoes changed from ₹400 to ₹240. What is the percentage decrease?
  4. 4.What is 10% of 380?
  5. 5.A fan costs ₹2100. It is sold at a 50% loss. What is the selling price (in ₹)?
  6. 6.What is 95% of 320?
  7. 7.A shopkeeper buys a cricket kit for ₹3000 and sells it for ₹2910. What is the loss (in ₹)?
  8. 8.A shopkeeper buys a table for ₹1550 and sells it for ₹1350. What is the loss (in ₹)?
  9. 9.What is 95% of 200?
  10. 10.What is the amount (principal + simple interest) on ₹5400 at 12% per year for 2 years (in ₹)?
  11. 11.What is the simple interest on ₹2600 at 7% per year for 5 years (in ₹)?
  12. 12.What is the simple interest on ₹6400 at 3% per year for 4 years (in ₹)?
  13. 13.A cricket kit costs ₹1000. It is sold at a 50% loss. What is the selling price (in ₹)?
  14. 14.What is 95% of 360?
  15. 15.A shopkeeper buys a table for ₹2500 and sells it for ₹2350. What is the loss (in ₹)?
  16. 16.What is the simple interest on ₹1900 at 2% per year for 1 year (in ₹)?
  17. 17.The price of a water bottle changed from ₹250 to ₹475. What is the percentage increase?
  18. 18.What is the amount (principal + simple interest) on ₹3200 at 10% per year for 1 year (in ₹)?
  19. 19.What is the simple interest on ₹4900 at 5% per year for 3 years (in ₹)?
  20. 20.A shopkeeper buys a mobile phone for ₹2500 and sells it for ₹2490. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a mobile phone for ₹1800 and sells it for ₹2100. What is the profit (in ₹)?
  22. 22.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2390. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a table for ₹2300 and sells it for ₹2000. What is the loss (in ₹)?
  24. 24.The price of a school bag changed from ₹400 to ₹408. What is the percentage increase?
  25. 25.A cycle bought for ₹3300 is sold for ₹3630. What is the profit per cent?
  26. 26.A cycle bought for ₹2700 is sold for ₹1620. What is the loss per cent?
  27. 27.What is 85% of 480?
  28. 28.A sewing machine bought for ₹1700 is sold for ₹1190. What is the loss per cent?
  29. 29.A sewing machine costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹2500 at 5% per year for 5 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹4500 at 3% per year for 1 year (in ₹)?
  32. 32.What is 20% of 80?
  33. 33.A mobile phone bought for ₹3300 is sold for ₹3696. What is the profit per cent?
  34. 34.The price of a school bag changed from ₹50 to ₹55. What is the percentage increase?
  35. 35.A table costs ₹3900. It is sold at a 12% loss. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a cycle for ₹2850 and sells it for ₹2630. What is the loss (in ₹)?
  37. 37.A fan bought for ₹1700 is sold for ₹1904. What is the profit per cent?
  38. 38.A shopkeeper buys a cycle for ₹1800 and sells it for ₹1970. What is the profit (in ₹)?
  39. 39.What is the simple interest on ₹4700 at 9% per year for 2 years (in ₹)?
  40. 40.A cooler costs ₹1100. It is sold at a 12% profit. What is the selling price (in ₹)?

Answer key

  1. 30
  2. 672
  3. 40
  4. 38
  5. 1050
  6. 304
  7. 90
  8. 200
  9. 190
  10. 6696
  11. 910
  12. 768
  13. 500
  14. 342
  15. 150
  16. 38
  17. 90
  18. 3520
  19. 735
  20. 10
  21. 300
  22. 40
  23. 300
  24. 2
  25. 10
  26. 40
  27. 408
  28. 30
  29. 2970
  30. 3125
  31. 4635
  32. 16
  33. 12
  34. 10
  35. 3432
  36. 220
  37. 12
  38. 170
  39. 846
  40. 1232

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