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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 693 · 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 ₹2550 and sells it for ₹2480. What is the loss (in ₹)?
  2. 2.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
  3. 3.A cooler bought for ₹200 is sold for ₹300. What is the profit per cent?
  4. 4.The price of a school bag changed from ₹100 to ₹150. What is the percentage increase?
  5. 5.A shopkeeper buys a table for ₹700 and sells it for ₹750. What is the profit (in ₹)?
  6. 6.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2710. What is the profit (in ₹)?
  7. 7.A table costs ₹4000. It is sold at a 5% loss. What is the selling price (in ₹)?
  8. 8.The price of a pair of shoes changed from ₹80 to ₹84. What is the percentage increase?
  9. 9.A mobile phone bought for ₹1400 is sold for ₹2100. What is the profit per cent?
  10. 10.A mobile phone costs ₹2000. It is sold at a 50% profit. What is the selling price (in ₹)?
  11. 11.What is 30% of 920?
  12. 12.What is the simple interest on ₹2900 at 5% per year for 2 years (in ₹)?
  13. 13.The price of a cricket ball changed from ₹250 to ₹100. What is the percentage decrease?
  14. 14.What is 10% of 140?
  15. 15.What is the simple interest on ₹8700 at 5% per year for 1 year (in ₹)?
  16. 16.The price of a box of mangoes changed from ₹250 to ₹150. What is the percentage decrease?
  17. 17.A shopkeeper buys a sewing machine for ₹2850 and sells it for ₹2720. What is the loss (in ₹)?
  18. 18.A mobile phone costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
  19. 19.What is the simple interest on ₹4400 at 6% per year for 1 year (in ₹)?
  20. 20.What is the simple interest on ₹4300 at 2% per year for 4 years (in ₹)?
  21. 21.What is 65% of 380?
  22. 22.A shopkeeper buys a fan for ₹2550 and sells it for ₹2760. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹610. What is the profit (in ₹)?
  24. 24.A shopkeeper buys a table for ₹2900 and sells it for ₹2840. What is the loss (in ₹)?
  25. 25.What is the simple interest on ₹5700 at 6% per year for 3 years (in ₹)?
  26. 26.A mobile phone costs ₹1300. It is sold at a 25% profit. What is the selling price (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹9500 at 6% per year for 1 year (in ₹)?
  28. 28.A cycle bought for ₹1500 is sold for ₹2100. What is the profit per cent?
  29. 29.What is the simple interest on ₹3000 at 11% per year for 1 year (in ₹)?
  30. 30.The price of a water bottle changed from ₹20 to ₹26. What is the percentage increase?
  31. 31.What is the simple interest on ₹600 at 11% per year for 5 years (in ₹)?
  32. 32.A shopkeeper buys a cycle for ₹700 and sells it for ₹520. What is the loss (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹9900 at 6% per year for 3 years (in ₹)?
  34. 34.A cooler costs ₹1900. It is sold at a 25% profit. What is the selling price (in ₹)?
  35. 35.A cooler bought for ₹500 is sold for ₹600. What is the profit per cent?
  36. 36.A cycle bought for ₹1000 is sold for ₹800. What is the loss per cent?
  37. 37.A shopkeeper buys a sewing machine for ₹2850 and sells it for ₹2630. What is the loss (in ₹)?
  38. 38.What is 45% of 120?
  39. 39.A shopkeeper buys a table for ₹1050 and sells it for ₹1200. What is the profit (in ₹)?
  40. 40.What is the simple interest on ₹1500 at 8% per year for 1 year (in ₹)?

Answer key

  1. 70
  2. 20
  3. 50
  4. 50
  5. 50
  6. 160
  7. 3800
  8. 5
  9. 50
  10. 3000
  11. 276
  12. 290
  13. 60
  14. 14
  15. 435
  16. 40
  17. 130
  18. 2945
  19. 264
  20. 344
  21. 247
  22. 210
  23. 60
  24. 60
  25. 1026
  26. 1625
  27. 10070
  28. 40
  29. 330
  30. 30
  31. 330
  32. 180
  33. 11682
  34. 2375
  35. 20
  36. 20
  37. 220
  38. 54
  39. 150
  40. 120

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