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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 812 · 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 ₹1000 and sells it for ₹1200. What is the profit (in ₹)?
  2. 2.The price of a school bag changed from ₹400 to ₹560. What is the percentage increase?
  3. 3.A cooler costs ₹3700. It is sold at a 50% profit. What is the selling price (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹9000 at 4% per year for 1 year (in ₹)?
  5. 5.What is the simple interest on ₹1600 at 3% per year for 1 year (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹4400 at 10% per year for 4 years (in ₹)?
  7. 7.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
  8. 8.What is the amount (principal + simple interest) on ₹2500 at 4% per year for 3 years (in ₹)?
  9. 9.A shopkeeper buys a table for ₹1700 and sells it for ₹1470. What is the loss (in ₹)?
  10. 10.The price of a box of mangoes changed from ₹200 to ₹120. What is the percentage decrease?
  11. 11.What is the amount (principal + simple interest) on ₹900 at 9% per year for 1 year (in ₹)?
  12. 12.A table costs ₹3700. It is sold at a 12% profit. What is the selling price (in ₹)?
  13. 13.The price of a water bottle changed from ₹40 to ₹70. What is the percentage increase?
  14. 14.What is 20% of 640?
  15. 15.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2480. What is the loss (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹4900 at 4% per year for 2 years (in ₹)?
  17. 17.A shopkeeper buys a table for ₹1400 and sells it for ₹1170. What is the loss (in ₹)?
  18. 18.A watch bought for ₹200 is sold for ₹100. What is the loss per cent?
  19. 19.What is 75% of 920?
  20. 20.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹1910. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹370. What is the loss (in ₹)?
  22. 22.A mobile phone costs ₹3600. It is sold at a 40% profit. What is the selling price (in ₹)?
  23. 23.A shopkeeper buys a fan for ₹1750 and sells it for ₹1920. What is the profit (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹9700 at 6% per year for 5 years (in ₹)?
  25. 25.What is the simple interest on ₹1600 at 5% per year for 1 year (in ₹)?
  26. 26.A cooler bought for ₹3900 is sold for ₹4485. What is the profit per cent?
  27. 27.What is the simple interest on ₹4900 at 5% per year for 1 year (in ₹)?
  28. 28.A shopkeeper buys a watch for ₹1500 and sells it for ₹1380. What is the loss (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹6600 at 5% per year for 1 year (in ₹)?
  30. 30.A cooler costs ₹2800. It is sold at a 10% profit. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹3300 at 6% per year for 1 year (in ₹)?
  32. 32.What is the simple interest on ₹2600 at 7% per year for 1 year (in ₹)?
  33. 33.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹410. What is the loss (in ₹)?
  34. 34.The price of a bus pass changed from ₹40 to ₹32. What is the percentage decrease?
  35. 35.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3170. What is the profit (in ₹)?
  36. 36.What is the simple interest on ₹1200 at 10% per year for 4 years (in ₹)?
  37. 37.A cricket kit costs ₹3700. It is sold at a 5% profit. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹1140. What is the profit (in ₹)?
  39. 39.A sewing machine costs ₹2100. It is sold at a 50% loss. What is the selling price (in ₹)?
  40. 40.A mobile phone bought for ₹500 is sold for ₹525. What is the profit per cent?

Answer key

  1. 200
  2. 40
  3. 5550
  4. 9360
  5. 48
  6. 6160
  7. 20
  8. 2800
  9. 230
  10. 40
  11. 981
  12. 4144
  13. 75
  14. 128
  15. 70
  16. 5292
  17. 230
  18. 50
  19. 690
  20. 40
  21. 230
  22. 5040
  23. 170
  24. 12610
  25. 80
  26. 15
  27. 245
  28. 120
  29. 6930
  30. 3080
  31. 198
  32. 182
  33. 240
  34. 20
  35. 170
  36. 480
  37. 3885
  38. 190
  39. 1050
  40. 5

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