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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 719 · 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 mobile phone for ₹1600 and sells it for ₹1670. What is the profit (in ₹)?
  2. 2.The price of a bus pass changed from ₹250 to ₹225. What is the percentage decrease?
  3. 3.What is the amount (principal + simple interest) on ₹700 at 6% per year for 5 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹3000 at 8% per year for 1 year (in ₹)?
  5. 5.A watch bought for ₹500 is sold for ₹750. What is the profit per cent?
  6. 6.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹850. What is the profit (in ₹)?
  7. 7.What is the simple interest on ₹700 at 9% per year for 2 years (in ₹)?
  8. 8.The price of a school bag changed from ₹80 to ₹40. What is the percentage decrease?
  9. 9.What is 25% of 180?
  10. 10.A cycle bought for ₹3800 is sold for ₹3420. What is the loss per cent?
  11. 11.What is the simple interest on ₹5700 at 10% per year for 1 year (in ₹)?
  12. 12.What is 85% of 260?
  13. 13.A fan costs ₹1100. It is sold at a 10% profit. What is the selling price (in ₹)?
  14. 14.What is the simple interest on ₹9500 at 9% per year for 4 years (in ₹)?
  15. 15.A watch bought for ₹900 is sold for ₹1350. What is the profit per cent?
  16. 16.What is the simple interest on ₹8900 at 9% per year for 1 year (in ₹)?
  17. 17.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2390. What is the profit (in ₹)?
  18. 18.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹640. What is the profit (in ₹)?
  19. 19.A shopkeeper buys a table for ₹1950 and sells it for ₹1990. What is the profit (in ₹)?
  20. 20.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹970. What is the loss (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹4500 at 10% per year for 5 years (in ₹)?
  22. 22.What is the simple interest on ₹5900 at 5% per year for 2 years (in ₹)?
  23. 23.A shopkeeper buys a cooler for ₹2000 and sells it for ₹1760. What is the loss (in ₹)?
  24. 24.A cooler costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
  25. 25.What is the simple interest on ₹7900 at 7% per year for 3 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹7100 at 2% per year for 4 years (in ₹)?
  27. 27.A fan costs ₹500. It is sold at a 50% profit. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a table for ₹400 and sells it for ₹450. What is the profit (in ₹)?
  29. 29.A shopkeeper buys a cricket kit for ₹2100 and sells it for ₹2180. What is the profit (in ₹)?
  30. 30.A cycle costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?
  31. 31.The price of a water bottle changed from ₹100 to ₹90. What is the percentage decrease?
  32. 32.A fan bought for ₹600 is sold for ₹672. What is the profit per cent?
  33. 33.What is 25% of 380?
  34. 34.What is 25% of 760?
  35. 35.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2510. What is the loss (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹6000 at 2% per year for 4 years (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹100 to ₹175. What is the percentage increase?
  38. 38.A fan costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹4900 at 4% per year for 5 years (in ₹)?
  40. 40.What is 70% of 100?

Answer key

  1. 70
  2. 10
  3. 910
  4. 3240
  5. 50
  6. 50
  7. 126
  8. 50
  9. 45
  10. 10
  11. 570
  12. 221
  13. 1210
  14. 3420
  15. 50
  16. 801
  17. 140
  18. 290
  19. 40
  20. 130
  21. 6750
  22. 590
  23. 240
  24. 2520
  25. 1659
  26. 7668
  27. 750
  28. 50
  29. 80
  30. 2450
  31. 10
  32. 12
  33. 95
  34. 190
  35. 190
  36. 6480
  37. 75
  38. 2945
  39. 5880
  40. 70

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