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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 709 · 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 watch for ₹800 and sells it for ₹790. What is the loss (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹1100 at 8% per year for 4 years (in ₹)?
  3. 3.What is 85% of 680?
  4. 4.What is 90% of 540?
  5. 5.The price of a cricket ball changed from ₹400 to ₹560. What is the percentage increase?
  6. 6.The price of a cricket ball changed from ₹50 to ₹70. What is the percentage increase?
  7. 7.What is the amount (principal + simple interest) on ₹8000 at 2% per year for 2 years (in ₹)?
  8. 8.The price of a cricket ball changed from ₹25 to ₹45. What is the percentage increase?
  9. 9.A watch bought for ₹3300 is sold for ₹4125. What is the profit per cent?
  10. 10.What is 30% of 560?
  11. 11.A sewing machine costs ₹3800. It is sold at a 15% profit. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹1200. What is the profit (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹3000 at 4% per year for 1 year (in ₹)?
  14. 14.A cricket kit costs ₹1200. It is sold at a 50% profit. What is the selling price (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹3000 at 4% per year for 3 years (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹4700 at 4% per year for 1 year (in ₹)?
  17. 17.A cricket kit costs ₹3600. It is sold at a 50% loss. What is the selling price (in ₹)?
  18. 18.A shopkeeper buys a fan for ₹1600 and sells it for ₹1410. What is the loss (in ₹)?
  19. 19.A mobile phone costs ₹1700. It is sold at a 25% profit. What is the selling price (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹6200 at 10% per year for 3 years (in ₹)?
  21. 21.What is 55% of 560?
  22. 22.The price of a box of mangoes changed from ₹100 to ₹70. What is the percentage decrease?
  23. 23.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
  24. 24.The price of a bus pass changed from ₹40 to ₹50. What is the percentage increase?
  25. 25.The price of a pair of shoes changed from ₹400 to ₹360. What is the percentage decrease?
  26. 26.A mobile phone costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a cycle for ₹1950 and sells it for ₹2190. What is the profit (in ₹)?
  28. 28.What is 10% of 180?
  29. 29.A cooler bought for ₹3700 is sold for ₹2220. What is the loss per cent?
  30. 30.The price of a water bottle changed from ₹20 to ₹26. What is the percentage increase?
  31. 31.The price of a box of mangoes changed from ₹400 to ₹600. What is the percentage increase?
  32. 32.A cycle costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹2700 at 12% per year for 5 years (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹700 at 4% per year for 1 year (in ₹)?
  35. 35.What is the simple interest on ₹6300 at 5% per year for 1 year (in ₹)?
  36. 36.A cycle costs ₹3400. It is sold at a 15% profit. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹9800 at 2% per year for 4 years (in ₹)?
  38. 38.What is the simple interest on ₹6400 at 12% per year for 5 years (in ₹)?
  39. 39.What is 45% of 320?
  40. 40.A mobile phone costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 1452
  3. 578
  4. 486
  5. 40
  6. 40
  7. 8320
  8. 80
  9. 25
  10. 168
  11. 4370
  12. 100
  13. 3120
  14. 1800
  15. 3360
  16. 4888
  17. 1800
  18. 190
  19. 2125
  20. 8060
  21. 308
  22. 30
  23. 20
  24. 25
  25. 10
  26. 1750
  27. 240
  28. 18
  29. 40
  30. 30
  31. 50
  32. 630
  33. 4320
  34. 728
  35. 315
  36. 3910
  37. 10584
  38. 3840
  39. 144
  40. 448

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