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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 764 · 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 ₹700 and sells it for ₹880. What is the profit (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹9000 at 7% per year for 5 years (in ₹)?
  3. 3.What is 25% of 340?
  4. 4.What is the amount (principal + simple interest) on ₹9900 at 3% per year for 4 years (in ₹)?
  5. 5.The price of a bus pass changed from ₹50 to ₹40. What is the percentage decrease?
  6. 6.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹380. What is the loss (in ₹)?
  7. 7.What is the simple interest on ₹2800 at 7% per year for 1 year (in ₹)?
  8. 8.A cooler bought for ₹1100 is sold for ₹935. What is the loss per cent?
  9. 9.A table costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
  10. 10.A fan costs ₹3700. It is sold at a 20% loss. What is the selling price (in ₹)?
  11. 11.What is 75% of 820?
  12. 12.The price of a box of mangoes changed from ₹500 to ₹50. What is the percentage decrease?
  13. 13.The price of a water bottle changed from ₹100 to ₹120. What is the percentage increase?
  14. 14.What is 75% of 660?
  15. 15.A fan bought for ₹3400 is sold for ₹5100. What is the profit per cent?
  16. 16.A shopkeeper buys a watch for ₹2450 and sells it for ₹2150. What is the loss (in ₹)?
  17. 17.What is the simple interest on ₹3800 at 5% per year for 2 years (in ₹)?
  18. 18.What is the simple interest on ₹3100 at 6% per year for 4 years (in ₹)?
  19. 19.What is the simple interest on ₹1100 at 4% per year for 1 year (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹3300 at 7% per year for 3 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹7500 at 8% per year for 1 year (in ₹)?
  22. 22.A cycle bought for ₹2200 is sold for ₹2640. What is the profit per cent?
  23. 23.A fan costs ₹3600. It is sold at a 40% profit. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a cricket kit for ₹2550 and sells it for ₹2530. What is the loss (in ₹)?
  25. 25.A table costs ₹200. It is sold at a 40% loss. What is the selling price (in ₹)?
  26. 26.What is 15% of 700?
  27. 27.What is the amount (principal + simple interest) on ₹9500 at 6% per year for 4 years (in ₹)?
  28. 28.What is the simple interest on ₹2000 at 12% per year for 3 years (in ₹)?
  29. 29.A shopkeeper buys a watch for ₹1950 and sells it for ₹1680. What is the loss (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹6100 at 9% per year for 4 years (in ₹)?
  31. 31.What is the simple interest on ₹1100 at 4% per year for 3 years (in ₹)?
  32. 32.What is the simple interest on ₹3400 at 2% per year for 2 years (in ₹)?
  33. 33.A sewing machine costs ₹2400. It is sold at a 15% profit. What is the selling price (in ₹)?
  34. 34.What is the simple interest on ₹3400 at 6% per year for 3 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹7300 at 3% per year for 5 years (in ₹)?
  36. 36.A watch costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
  37. 37.What is the simple interest on ₹5000 at 3% per year for 4 years (in ₹)?
  38. 38.What is the simple interest on ₹500 at 9% per year for 3 years (in ₹)?
  39. 39.What is 15% of 480?
  40. 40.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1450. What is the loss (in ₹)?

Answer key

  1. 180
  2. 12150
  3. 85
  4. 11088
  5. 20
  6. 70
  7. 196
  8. 15
  9. 3024
  10. 2960
  11. 615
  12. 90
  13. 20
  14. 495
  15. 50
  16. 300
  17. 380
  18. 744
  19. 44
  20. 3993
  21. 8100
  22. 20
  23. 5040
  24. 20
  25. 120
  26. 105
  27. 11780
  28. 720
  29. 270
  30. 8296
  31. 132
  32. 136
  33. 2760
  34. 612
  35. 8395
  36. 2520
  37. 600
  38. 135
  39. 72
  40. 50

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