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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 810 · 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 fan costs ₹3500. It is sold at a 10% loss. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹290. What is the loss (in ₹)?
  3. 3.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹600. What is the profit (in ₹)?
  4. 4.What is the simple interest on ₹2000 at 3% per year for 3 years (in ₹)?
  5. 5.What is the simple interest on ₹4600 at 8% per year for 1 year (in ₹)?
  6. 6.What is 10% of 800?
  7. 7.What is 5% of 780?
  8. 8.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
  9. 9.A cycle bought for ₹1700 is sold for ₹2125. What is the profit per cent?
  10. 10.The price of a bus pass changed from ₹25 to ₹5. What is the percentage decrease?
  11. 11.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1120. What is the loss (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹1200 at 3% per year for 1 year (in ₹)?
  13. 13.A watch bought for ₹500 is sold for ₹350. What is the loss per cent?
  14. 14.The price of a cricket ball changed from ₹500 to ₹900. What is the percentage increase?
  15. 15.A sewing machine costs ₹2400. It is sold at a 25% loss. What is the selling price (in ₹)?
  16. 16.What is 80% of 640?
  17. 17.What is the simple interest on ₹900 at 6% per year for 2 years (in ₹)?
  18. 18.The price of a box of mangoes changed from ₹80 to ₹140. What is the percentage increase?
  19. 19.A shopkeeper buys a cycle for ₹750 and sells it for ₹570. What is the loss (in ₹)?
  20. 20.A cooler costs ₹200. It is sold at a 20% loss. What is the selling price (in ₹)?
  21. 21.A cooler bought for ₹1800 is sold for ₹1620. What is the loss per cent?
  22. 22.What is the amount (principal + simple interest) on ₹800 at 3% per year for 5 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹1800 at 2% per year for 1 year (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹6800 at 12% per year for 3 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹800 at 7% per year for 5 years (in ₹)?
  26. 26.What is 35% of 700?
  27. 27.The price of a cricket ball changed from ₹50 to ₹20. What is the percentage decrease?
  28. 28.A fan costs ₹2900. It is sold at a 30% profit. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a mobile phone for ₹400 and sells it for ₹360. What is the loss (in ₹)?
  30. 30.A table bought for ₹300 is sold for ₹450. What is the profit per cent?
  31. 31.What is the simple interest on ₹9000 at 4% per year for 5 years (in ₹)?
  32. 32.What is the simple interest on ₹9200 at 2% per year for 1 year (in ₹)?
  33. 33.A cricket kit costs ₹1600. It is sold at a 50% loss. What is the selling price (in ₹)?
  34. 34.A mobile phone bought for ₹2400 is sold for ₹2640. What is the profit per cent?
  35. 35.A shopkeeper buys a cycle for ₹250 and sells it for ₹330. What is the profit (in ₹)?
  36. 36.What is the simple interest on ₹7500 at 12% per year for 1 year (in ₹)?
  37. 37.A cycle bought for ₹400 is sold for ₹420. What is the profit per cent?
  38. 38.A shopkeeper buys a cycle for ₹850 and sells it for ₹960. What is the profit (in ₹)?
  39. 39.A cooler bought for ₹800 is sold for ₹1120. What is the profit per cent?
  40. 40.What is 10% of 160?

Answer key

  1. 3150
  2. 160
  3. 100
  4. 180
  5. 368
  6. 80
  7. 39
  8. 20
  9. 25
  10. 80
  11. 80
  12. 1236
  13. 30
  14. 80
  15. 1800
  16. 512
  17. 108
  18. 75
  19. 180
  20. 160
  21. 10
  22. 920
  23. 1836
  24. 9248
  25. 1080
  26. 245
  27. 60
  28. 3770
  29. 40
  30. 50
  31. 1800
  32. 184
  33. 800
  34. 10
  35. 80
  36. 900
  37. 5
  38. 110
  39. 40
  40. 16

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