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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 686 · 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 mobile phone for ₹1700 and sells it for ₹1780. What is the profit (in ₹)?
  2. 2.A mobile phone costs ₹3500. It is sold at a 40% profit. What is the selling price (in ₹)?
  3. 3.What is 40% of 440?
  4. 4.What is the simple interest on ₹4800 at 8% per year for 1 year (in ₹)?
  5. 5.The price of a cricket ball changed from ₹25 to ₹35. What is the percentage increase?
  6. 6.What is the amount (principal + simple interest) on ₹7400 at 10% per year for 1 year (in ₹)?
  7. 7.What is the simple interest on ₹3700 at 9% per year for 1 year (in ₹)?
  8. 8.A shopkeeper buys a cycle for ₹200 and sells it for ₹120. What is the loss (in ₹)?
  9. 9.What is 60% of 80?
  10. 10.A shopkeeper buys a sewing machine for ₹400 and sells it for ₹320. What is the loss (in ₹)?
  11. 11.What is 20% of 320?
  12. 12.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1750. What is the profit (in ₹)?
  13. 13.A cricket kit bought for ₹1400 is sold for ₹700. What is the loss per cent?
  14. 14.A cricket kit costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
  15. 15.A watch bought for ₹4000 is sold for ₹3000. What is the loss per cent?
  16. 16.A cycle costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹9900 at 11% per year for 1 year (in ₹)?
  18. 18.A cricket kit bought for ₹2100 is sold for ₹2415. What is the profit per cent?
  19. 19.The price of a school bag changed from ₹50 to ₹30. What is the percentage decrease?
  20. 20.A cooler bought for ₹900 is sold for ₹720. What is the loss per cent?
  21. 21.What is 15% of 760?
  22. 22.A fan costs ₹2500. It is sold at a 30% profit. What is the selling price (in ₹)?
  23. 23.A cricket kit costs ₹1600. It is sold at a 40% profit. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹990. What is the profit (in ₹)?
  25. 25.A cycle costs ₹2500. It is sold at a 40% loss. What is the selling price (in ₹)?
  26. 26.A cricket kit bought for ₹2500 is sold for ₹2375. What is the loss per cent?
  27. 27.What is the amount (principal + simple interest) on ₹1300 at 6% per year for 3 years (in ₹)?
  28. 28.What is 75% of 1000?
  29. 29.What is the amount (principal + simple interest) on ₹2600 at 8% per year for 1 year (in ₹)?
  30. 30.What is 75% of 660?
  31. 31.What is 10% of 440?
  32. 32.A shopkeeper buys a fan for ₹1300 and sells it for ₹1290. What is the loss (in ₹)?
  33. 33.The price of a pair of shoes changed from ₹50 to ₹95. What is the percentage increase?
  34. 34.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹3050. What is the profit (in ₹)?
  35. 35.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2650. What is the profit (in ₹)?
  36. 36.A table costs ₹3100. It is sold at a 12% loss. What is the selling price (in ₹)?
  37. 37.What is the simple interest on ₹3300 at 11% per year for 5 years (in ₹)?
  38. 38.What is 25% of 920?
  39. 39.A cooler bought for ₹900 is sold for ₹765. What is the loss per cent?
  40. 40.The price of a water bottle changed from ₹80 to ₹40. What is the percentage decrease?

Answer key

  1. 80
  2. 4900
  3. 176
  4. 384
  5. 40
  6. 8140
  7. 333
  8. 80
  9. 48
  10. 80
  11. 64
  12. 150
  13. 50
  14. 1568
  15. 25
  16. 480
  17. 10989
  18. 15
  19. 40
  20. 20
  21. 114
  22. 3250
  23. 2240
  24. 190
  25. 1500
  26. 5
  27. 1534
  28. 750
  29. 2808
  30. 495
  31. 44
  32. 10
  33. 90
  34. 250
  35. 200
  36. 2728
  37. 1815
  38. 230
  39. 15
  40. 50

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