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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 694 · 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 ₹850 and sells it for ₹770. What is the loss (in ₹)?
  2. 2.What is 90% of 600?
  3. 3.What is 95% of 780?
  4. 4.A cycle costs ₹3200. It is sold at a 5% loss. What is the selling price (in ₹)?
  5. 5.A mobile phone costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
  6. 6.A fan bought for ₹3600 is sold for ₹4500. What is the profit per cent?
  7. 7.What is 55% of 920?
  8. 8.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹950. What is the profit (in ₹)?
  9. 9.The price of a bus pass changed from ₹25 to ₹30. What is the percentage increase?
  10. 10.What is the amount (principal + simple interest) on ₹7900 at 6% per year for 3 years (in ₹)?
  11. 11.A shopkeeper buys a watch for ₹3000 and sells it for ₹3120. What is the profit (in ₹)?
  12. 12.A shopkeeper buys a cooler for ₹950 and sells it for ₹1140. What is the profit (in ₹)?
  13. 13.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
  14. 14.What is 60% of 520?
  15. 15.A cycle costs ₹300. It is sold at a 25% profit. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a cooler for ₹1900 and sells it for ₹1880. What is the loss (in ₹)?
  17. 17.A sewing machine costs ₹2300. It is sold at a 5% loss. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹7100 at 3% per year for 1 year (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹6500 at 5% per year for 4 years (in ₹)?
  20. 20.What is the simple interest on ₹3700 at 8% per year for 1 year (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹1000 at 7% per year for 3 years (in ₹)?
  22. 22.The price of a box of mangoes changed from ₹400 to ₹760. What is the percentage increase?
  23. 23.What is the simple interest on ₹4200 at 5% per year for 5 years (in ₹)?
  24. 24.What is the simple interest on ₹4900 at 5% per year for 1 year (in ₹)?
  25. 25.A shopkeeper buys a cycle for ₹800 and sells it for ₹1040. What is the profit (in ₹)?
  26. 26.A fan bought for ₹2600 is sold for ₹1950. What is the loss per cent?
  27. 27.A shopkeeper buys a fan for ₹1600 and sells it for ₹1690. What is the profit (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹5200 at 8% per year for 1 year (in ₹)?
  29. 29.What is the simple interest on ₹9100 at 9% per year for 1 year (in ₹)?
  30. 30.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
  31. 31.A fan bought for ₹1600 is sold for ₹1792. What is the profit per cent?
  32. 32.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1290. What is the loss (in ₹)?
  33. 33.The price of a water bottle changed from ₹500 to ₹750. What is the percentage increase?
  34. 34.The price of a school bag changed from ₹100 to ₹70. What is the percentage decrease?
  35. 35.What is 30% of 140?
  36. 36.What is the simple interest on ₹6600 at 2% per year for 3 years (in ₹)?
  37. 37.A shopkeeper buys a cooler for ₹2150 and sells it for ₹1880. What is the loss (in ₹)?
  38. 38.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2770. What is the loss (in ₹)?
  39. 39.The price of a water bottle changed from ₹200 to ₹210. What is the percentage increase?
  40. 40.The price of a pair of shoes changed from ₹40 to ₹44. What is the percentage increase?

Answer key

  1. 80
  2. 540
  3. 741
  4. 3040
  5. 1105
  6. 25
  7. 506
  8. 300
  9. 20
  10. 9322
  11. 120
  12. 190
  13. 40
  14. 312
  15. 375
  16. 20
  17. 2185
  18. 213
  19. 7800
  20. 296
  21. 1210
  22. 90
  23. 1050
  24. 245
  25. 240
  26. 25
  27. 90
  28. 5616
  29. 819
  30. 40
  31. 12
  32. 60
  33. 50
  34. 30
  35. 42
  36. 396
  37. 270
  38. 30
  39. 5
  40. 10

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