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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 698 · 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.What is the amount (principal + simple interest) on ₹1300 at 10% per year for 5 years (in ₹)?
  2. 2.A sewing machine costs ₹3000. It is sold at a 25% loss. What is the selling price (in ₹)?
  3. 3.A cycle costs ₹2900. It is sold at a 40% loss. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹2900. What is the loss (in ₹)?
  5. 5.A cooler bought for ₹1300 is sold for ₹1170. What is the loss per cent?
  6. 6.What is 80% of 780?
  7. 7.The price of a box of mangoes changed from ₹80 to ₹128. What is the percentage increase?
  8. 8.A sewing machine bought for ₹3400 is sold for ₹1700. What is the loss per cent?
  9. 9.What is the amount (principal + simple interest) on ₹8400 at 12% per year for 1 year (in ₹)?
  10. 10.A shopkeeper buys a cooler for ₹1800 and sells it for ₹1960. What is the profit (in ₹)?
  11. 11.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
  12. 12.What is 70% of 920?
  13. 13.What is 5% of 460?
  14. 14.What is 5% of 640?
  15. 15.The price of a bus pass changed from ₹250 to ₹400. What is the percentage increase?
  16. 16.What is the simple interest on ₹4300 at 12% per year for 2 years (in ₹)?
  17. 17.The price of a water bottle changed from ₹250 to ₹125. What is the percentage decrease?
  18. 18.A shopkeeper buys a fan for ₹2150 and sells it for ₹2300. What is the profit (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹7400 at 7% per year for 5 years (in ₹)?
  20. 20.A shopkeeper buys a cooler for ₹2900 and sells it for ₹2930. What is the profit (in ₹)?
  21. 21.A cooler costs ₹2500. It is sold at a 5% profit. What is the selling price (in ₹)?
  22. 22.What is 75% of 800?
  23. 23.A fan bought for ₹3900 is sold for ₹2730. What is the loss per cent?
  24. 24.What is the simple interest on ₹5000 at 11% per year for 4 years (in ₹)?
  25. 25.A cooler bought for ₹2000 is sold for ₹1200. What is the loss per cent?
  26. 26.A watch bought for ₹200 is sold for ₹120. What is the loss per cent?
  27. 27.A sewing machine bought for ₹1500 is sold for ₹1680. What is the profit per cent?
  28. 28.A sewing machine bought for ₹2100 is sold for ₹2625. What is the profit per cent?
  29. 29.The price of a bus pass changed from ₹40 to ₹44. What is the percentage increase?
  30. 30.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹1000. What is the loss (in ₹)?
  31. 31.A cycle bought for ₹2600 is sold for ₹3120. What is the profit per cent?
  32. 32.What is the amount (principal + simple interest) on ₹9900 at 9% per year for 4 years (in ₹)?
  33. 33.A sewing machine costs ₹3300. It is sold at a 5% profit. What is the selling price (in ₹)?
  34. 34.What is the simple interest on ₹7200 at 5% per year for 5 years (in ₹)?
  35. 35.A watch costs ₹3100. It is sold at a 10% loss. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹3600 at 2% per year for 4 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 4 years (in ₹)?
  38. 38.What is 5% of 140?
  39. 39.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹500. What is the profit (in ₹)?
  40. 40.A shopkeeper buys a cycle for ₹1900 and sells it for ₹2120. What is the profit (in ₹)?

Answer key

  1. 1950
  2. 2250
  3. 1740
  4. 50
  5. 10
  6. 624
  7. 60
  8. 50
  9. 9408
  10. 160
  11. 20
  12. 644
  13. 23
  14. 32
  15. 60
  16. 1032
  17. 50
  18. 150
  19. 9990
  20. 30
  21. 2625
  22. 600
  23. 30
  24. 2200
  25. 40
  26. 40
  27. 12
  28. 25
  29. 10
  30. 100
  31. 20
  32. 13464
  33. 3465
  34. 1800
  35. 2790
  36. 3888
  37. 7452
  38. 7
  39. 100
  40. 220

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