Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 758 · 40 sums

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.

1. 1.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹910. What is the profit (in ₹)?
2. 2.A shopkeeper buys a cooler for ₹550 and sells it for ₹250. What is the loss (in ₹)?
3. 3.What is the amount (principal + simple interest) on ₹1800 at 6% per year for 1 year (in ₹)?
4. 4.A shopkeeper buys a fan for ₹2450 and sells it for ₹2710. What is the profit (in ₹)?
5. 5.A cooler bought for ₹2300 is sold for ₹1380. What is the loss per cent?
6. 6.What is the simple interest on ₹7500 at 3% per year for 3 years (in ₹)?
7. 7.What is 90% of 520?
8. 8.A cooler bought for ₹1000 is sold for ₹1500. What is the profit per cent?
9. 9.A cooler costs ₹600. It is sold at a 12% loss. What is the selling price (in ₹)?
10. 10.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹590. What is the loss (in ₹)?
11. 11.What is the amount (principal + simple interest) on ₹1600 at 3% per year for 1 year (in ₹)?
12. 12.A cycle bought for ₹3800 is sold for ₹4940. What is the profit per cent?
13. 13.What is the amount (principal + simple interest) on ₹7100 at 2% per year for 1 year (in ₹)?
14. 14.The price of a school bag changed from ₹20 to ₹36. What is the percentage increase?
15. 15.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹450. What is the loss (in ₹)?
16. 16.A cricket kit costs ₹400. It is sold at a 25% loss. What is the selling price (in ₹)?
17. 17.What is 5% of 740?
18. 18.A cricket kit costs ₹1100. It is sold at a 50% profit. What is the selling price (in ₹)?
19. 19.What is 80% of 300?
20. 20.What is 70% of 260?
21. 21.What is 35% of 700?
22. 22.A shopkeeper buys a watch for ₹1100 and sells it for ₹820. What is the loss (in ₹)?
23. 23.What is the simple interest on ₹4000 at 3% per year for 2 years (in ₹)?
24. 24.What is 60% of 240?
25. 25.A cooler costs ₹600. It is sold at a 40% profit. What is the selling price (in ₹)?
26. 26.What is 10% of 320?
27. 27.What is the amount (principal + simple interest) on ₹5500 at 10% per year for 5 years (in ₹)?
28. 28.A shopkeeper buys a watch for ₹300 and sells it for ₹80. What is the loss (in ₹)?
29. 29.What is 80% of 40?
30. 30.What is the simple interest on ₹1000 at 7% per year for 2 years (in ₹)?
31. 31.A shopkeeper buys a fan for ₹850 and sells it for ₹950. What is the profit (in ₹)?
32. 32.A sewing machine bought for ₹3200 is sold for ₹3680. What is the profit per cent?
33. 33.What is the amount (principal + simple interest) on ₹2600 at 9% per year for 5 years (in ₹)?
34. 34.What is the amount (principal + simple interest) on ₹900 at 6% per year for 4 years (in ₹)?
35. 35.What is 5% of 140?
36. 36.The price of a pair of shoes changed from ₹200 to ₹196. What is the percentage decrease?
37. 37.What is the amount (principal + simple interest) on ₹7500 at 4% per year for 5 years (in ₹)?
38. 38.The price of a cricket ball changed from ₹40 to ₹52. What is the percentage increase?
39. 39.A cooler costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
40. 40.A shopkeeper buys a watch for ₹2200 and sells it for ₹2220. What is the profit (in ₹)?

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