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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 803 · 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 table costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹8600 at 7% per year for 3 years (in ₹)?
  3. 3.A shopkeeper buys a cooler for ₹1900 and sells it for ₹1940. What is the profit (in ₹)?
  4. 4.What is 60% of 160?
  5. 5.The price of a cricket ball changed from ₹250 to ₹450. What is the percentage increase?
  6. 6.The price of a water bottle changed from ₹80 to ₹64. What is the percentage decrease?
  7. 7.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹240. What is the profit (in ₹)?
  8. 8.A table bought for ₹1200 is sold for ₹720. What is the loss per cent?
  9. 9.What is 45% of 280?
  10. 10.The price of a box of mangoes changed from ₹500 to ₹200. What is the percentage decrease?
  11. 11.What is the simple interest on ₹9800 at 9% per year for 4 years (in ₹)?
  12. 12.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹360. What is the profit (in ₹)?
  13. 13.What is the simple interest on ₹6000 at 3% per year for 1 year (in ₹)?
  14. 14.The price of a bus pass changed from ₹50 to ₹70. What is the percentage increase?
  15. 15.What is the amount (principal + simple interest) on ₹10000 at 3% per year for 4 years (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹8900 at 12% per year for 2 years (in ₹)?
  17. 17.A shopkeeper buys a watch for ₹650 and sells it for ₹820. What is the profit (in ₹)?
  18. 18.What is the simple interest on ₹5000 at 11% per year for 4 years (in ₹)?
  19. 19.What is the simple interest on ₹700 at 2% per year for 4 years (in ₹)?
  20. 20.What is the simple interest on ₹2500 at 7% per year for 1 year (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹1800 at 5% per year for 2 years (in ₹)?
  22. 22.The price of a cricket ball changed from ₹250 to ₹50. What is the percentage decrease?
  23. 23.A watch costs ₹3300. It is sold at a 5% loss. What is the selling price (in ₹)?
  24. 24.What is 20% of 480?
  25. 25.A shopkeeper buys a watch for ₹1150 and sells it for ₹920. What is the loss (in ₹)?
  26. 26.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1680. What is the loss (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹9900 at 4% per year for 4 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹5300 at 12% per year for 2 years (in ₹)?
  29. 29.A cycle costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹2900 at 7% per year for 2 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹2000 at 4% per year for 4 years (in ₹)?
  32. 32.What is 35% of 660?
  33. 33.A shopkeeper buys a fan for ₹350 and sells it for ₹270. What is the loss (in ₹)?
  34. 34.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3040. What is the profit (in ₹)?
  35. 35.The price of a school bag changed from ₹20 to ₹38. What is the percentage increase?
  36. 36.A shopkeeper buys a fan for ₹2650 and sells it for ₹2570. What is the loss (in ₹)?
  37. 37.A cricket kit bought for ₹1000 is sold for ₹1100. What is the profit per cent?
  38. 38.The price of a bus pass changed from ₹400 to ₹380. What is the percentage decrease?
  39. 39.A watch bought for ₹2200 is sold for ₹2464. What is the profit per cent?
  40. 40.What is the amount (principal + simple interest) on ₹4000 at 12% per year for 3 years (in ₹)?

Answer key

  1. 900
  2. 10406
  3. 40
  4. 96
  5. 80
  6. 20
  7. 40
  8. 40
  9. 126
  10. 60
  11. 3528
  12. 10
  13. 180
  14. 40
  15. 11200
  16. 11036
  17. 170
  18. 2200
  19. 56
  20. 175
  21. 1980
  22. 80
  23. 3135
  24. 96
  25. 230
  26. 220
  27. 11484
  28. 6572
  29. 840
  30. 3306
  31. 2320
  32. 231
  33. 80
  34. 40
  35. 90
  36. 80
  37. 10
  38. 5
  39. 12
  40. 5440

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