Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 799 · 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 watch bought for ₹3500 is sold for ₹4900. What is the profit per cent?
2. 2.A shopkeeper buys a mobile phone for ₹950 and sells it for ₹1160. What is the profit (in ₹)?
3. 3.What is the amount (principal + simple interest) on ₹3100 at 2% per year for 3 years (in ₹)?
4. 4.A cycle costs ₹3400. It is sold at a 10% profit. What is the selling price (in ₹)?
5. 5.What is 65% of 460?
6. 6.What is the simple interest on ₹5300 at 10% per year for 4 years (in ₹)?
7. 7.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹380. What is the profit (in ₹)?
8. 8.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2000. What is the loss (in ₹)?
9. 9.What is the amount (principal + simple interest) on ₹5100 at 9% per year for 1 year (in ₹)?
10. 10.The price of a box of mangoes changed from ₹100 to ₹150. What is the percentage increase?
11. 11.What is the simple interest on ₹7000 at 10% per year for 5 years (in ₹)?
12. 12.A shopkeeper buys a cycle for ₹2000 and sells it for ₹1910. What is the loss (in ₹)?
13. 13.A cooler bought for ₹700 is sold for ₹1050. What is the profit per cent?
14. 14.What is the amount (principal + simple interest) on ₹8200 at 8% per year for 2 years (in ₹)?
15. 15.What is the amount (principal + simple interest) on ₹7300 at 8% per year for 4 years (in ₹)?
16. 16.What is 45% of 420?
17. 17.What is the simple interest on ₹4600 at 10% per year for 5 years (in ₹)?
18. 18.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹160. What is the loss (in ₹)?
19. 19.What is 10% of 800?
20. 20.A watch bought for ₹700 is sold for ₹770. What is the profit per cent?
21. 21.A cycle bought for ₹2300 is sold for ₹1380. What is the loss per cent?
22. 22.The price of a cricket ball changed from ₹250 to ₹245. What is the percentage decrease?
23. 23.The price of a bus pass changed from ₹100 to ₹130. What is the percentage increase?
24. 24.What is the simple interest on ₹2900 at 3% per year for 5 years (in ₹)?
25. 25.A table bought for ₹1300 is sold for ₹1105. What is the loss per cent?
26. 26.A cricket kit costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
27. 27.A cycle bought for ₹3900 is sold for ₹4485. What is the profit per cent?
28. 28.What is the simple interest on ₹6500 at 5% per year for 3 years (in ₹)?
29. 29.A cricket kit bought for ₹1000 is sold for ₹500. What is the loss per cent?
30. 30.A mobile phone bought for ₹1200 is sold for ₹600. What is the loss per cent?
31. 31.What is 40% of 700?
32. 32.What is the simple interest on ₹1000 at 12% per year for 3 years (in ₹)?
33. 33.A shopkeeper buys a cricket kit for ₹2600 and sells it for ₹2810. What is the profit (in ₹)?
34. 34.The price of a pair of shoes changed from ₹25 to ₹45. What is the percentage increase?
35. 35.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹700. What is the loss (in ₹)?
36. 36.What is the amount (principal + simple interest) on ₹1900 at 9% per year for 5 years (in ₹)?
37. 37.The price of a water bottle changed from ₹500 to ₹475. What is the percentage decrease?
38. 38.What is the simple interest on ₹3300 at 7% per year for 1 year (in ₹)?
39. 39.What is 95% of 360?
40. 40.A cycle bought for ₹1900 is sold for ₹2470. What is the profit per cent?

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