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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 809 · 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 sewing machine costs ₹2800. It is sold at a 12% loss. What is the selling price (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹3400 at 9% per year for 3 years (in ₹)?
  3. 3.A shopkeeper buys a fan for ₹450 and sells it for ₹370. What is the loss (in ₹)?
  4. 4.The price of a pair of shoes changed from ₹25 to ₹45. What is the percentage increase?
  5. 5.A watch bought for ₹3300 is sold for ₹3795. What is the profit per cent?
  6. 6.What is the amount (principal + simple interest) on ₹6200 at 2% per year for 3 years (in ₹)?
  7. 7.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1290. What is the loss (in ₹)?
  8. 8.What is the simple interest on ₹8400 at 8% per year for 4 years (in ₹)?
  9. 9.The price of a cricket ball changed from ₹400 to ₹420. What is the percentage increase?
  10. 10.A sewing machine bought for ₹1300 is sold for ₹1690. What is the profit per cent?
  11. 11.What is 80% of 860?
  12. 12.What is 10% of 480?
  13. 13.A cooler bought for ₹2200 is sold for ₹1760. What is the loss per cent?
  14. 14.What is the amount (principal + simple interest) on ₹1500 at 8% per year for 1 year (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹7800 at 10% per year for 5 years (in ₹)?
  16. 16.A shopkeeper buys a fan for ₹400 and sells it for ₹260. What is the loss (in ₹)?
  17. 17.What is 35% of 740?
  18. 18.The price of a school bag changed from ₹50 to ₹45. What is the percentage decrease?
  19. 19.The price of a school bag changed from ₹100 to ₹130. What is the percentage increase?
  20. 20.What is 90% of 300?
  21. 21.A cycle bought for ₹1700 is sold for ₹1870. What is the profit per cent?
  22. 22.The price of a pair of shoes changed from ₹400 to ₹760. What is the percentage increase?
  23. 23.What is 5% of 500?
  24. 24.The price of a cricket ball changed from ₹200 to ₹280. What is the percentage increase?
  25. 25.A mobile phone costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
  26. 26.A cricket kit costs ₹600. It is sold at a 15% loss. What is the selling price (in ₹)?
  27. 27.A cycle costs ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
  28. 28.A watch bought for ₹2500 is sold for ₹2125. What is the loss per cent?
  29. 29.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2640. What is the profit (in ₹)?
  30. 30.What is the simple interest on ₹3800 at 8% per year for 1 year (in ₹)?
  31. 31.What is 40% of 300?
  32. 32.A cycle costs ₹2000. It is sold at a 30% profit. What is the selling price (in ₹)?
  33. 33.A cycle costs ₹700. It is sold at a 5% loss. What is the selling price (in ₹)?
  34. 34.A mobile phone bought for ₹3700 is sold for ₹3145. What is the loss per cent?
  35. 35.A sewing machine costs ₹200. It is sold at a 10% profit. What is the selling price (in ₹)?
  36. 36.A sewing machine costs ₹4000. It is sold at a 12% loss. What is the selling price (in ₹)?
  37. 37.The price of a water bottle changed from ₹50 to ₹65. What is the percentage increase?
  38. 38.What is the amount (principal + simple interest) on ₹900 at 2% per year for 3 years (in ₹)?
  39. 39.A mobile phone costs ₹300. It is sold at a 10% loss. What is the selling price (in ₹)?
  40. 40.What is the simple interest on ₹1600 at 6% per year for 4 years (in ₹)?

Answer key

  1. 2464
  2. 4318
  3. 80
  4. 80
  5. 15
  6. 6572
  7. 10
  8. 2688
  9. 5
  10. 30
  11. 688
  12. 48
  13. 20
  14. 1620
  15. 11700
  16. 140
  17. 259
  18. 10
  19. 30
  20. 270
  21. 10
  22. 90
  23. 25
  24. 40
  25. 3000
  26. 510
  27. 3248
  28. 15
  29. 90
  30. 304
  31. 120
  32. 2600
  33. 665
  34. 15
  35. 220
  36. 3520
  37. 30
  38. 954
  39. 270
  40. 384

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