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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 699 · 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 table for ₹300 and sells it for ₹290. What is the loss (in ₹)?
  2. 2.A cricket kit bought for ₹3300 is sold for ₹1980. What is the loss per cent?
  3. 3.The price of a cricket ball changed from ₹200 to ₹300. What is the percentage increase?
  4. 4.What is the amount (principal + simple interest) on ₹3800 at 5% per year for 3 years (in ₹)?
  5. 5.The price of a cricket ball changed from ₹40 to ₹10. What is the percentage decrease?
  6. 6.What is the amount (principal + simple interest) on ₹8200 at 3% per year for 2 years (in ₹)?
  7. 7.What is the simple interest on ₹7600 at 9% per year for 5 years (in ₹)?
  8. 8.A cooler bought for ₹1100 is sold for ₹1155. What is the profit per cent?
  9. 9.What is the amount (principal + simple interest) on ₹1100 at 12% per year for 1 year (in ₹)?
  10. 10.What is 85% of 360?
  11. 11.What is 15% of 680?
  12. 12.What is the simple interest on ₹1300 at 8% per year for 5 years (in ₹)?
  13. 13.A cooler costs ₹2600. It is sold at a 10% profit. What is the selling price (in ₹)?
  14. 14.A mobile phone bought for ₹500 is sold for ₹650. What is the profit per cent?
  15. 15.A shopkeeper buys a table for ₹1900 and sells it for ₹2090. What is the profit (in ₹)?
  16. 16.A shopkeeper buys a fan for ₹2900 and sells it for ₹2990. What is the profit (in ₹)?
  17. 17.What is the simple interest on ₹2600 at 9% per year for 1 year (in ₹)?
  18. 18.What is 5% of 320?
  19. 19.What is 20% of 340?
  20. 20.What is 15% of 860?
  21. 21.What is the amount (principal + simple interest) on ₹800 at 11% per year for 4 years (in ₹)?
  22. 22.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2290. What is the loss (in ₹)?
  23. 23.What is the simple interest on ₹9500 at 7% per year for 5 years (in ₹)?
  24. 24.A cycle bought for ₹3500 is sold for ₹2625. What is the loss per cent?
  25. 25.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹740. What is the loss (in ₹)?
  26. 26.What is 10% of 500?
  27. 27.A shopkeeper buys a cricket kit for ₹2100 and sells it for ₹1840. What is the loss (in ₹)?
  28. 28.The price of a cricket ball changed from ₹250 to ₹25. What is the percentage decrease?
  29. 29.A cricket kit bought for ₹3000 is sold for ₹3600. What is the profit per cent?
  30. 30.A mobile phone bought for ₹3000 is sold for ₹2550. What is the loss per cent?
  31. 31.What is the simple interest on ₹2500 at 10% per year for 1 year (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹9400 at 6% per year for 3 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹3800 at 12% per year for 1 year (in ₹)?
  34. 34.What is the simple interest on ₹1000 at 6% per year for 1 year (in ₹)?
  35. 35.What is 20% of 840?
  36. 36.A fan costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
  37. 37.What is 70% of 680?
  38. 38.A shopkeeper buys a sewing machine for ₹2450 and sells it for ₹2400. What is the loss (in ₹)?
  39. 39.The price of a water bottle changed from ₹400 to ₹280. What is the percentage decrease?
  40. 40.What is 10% of 900?

Answer key

  1. 10
  2. 40
  3. 50
  4. 4370
  5. 75
  6. 8692
  7. 3420
  8. 5
  9. 1232
  10. 306
  11. 102
  12. 520
  13. 2860
  14. 30
  15. 190
  16. 90
  17. 234
  18. 16
  19. 68
  20. 129
  21. 1152
  22. 210
  23. 3325
  24. 25
  25. 210
  26. 50
  27. 260
  28. 90
  29. 20
  30. 15
  31. 250
  32. 11092
  33. 4256
  34. 60
  35. 168
  36. 630
  37. 476
  38. 50
  39. 30
  40. 90

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