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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 837 · 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 watch for ₹2200 and sells it for ₹1900. What is the loss (in ₹)?
  2. 2.What is 5% of 980?
  3. 3.A shopkeeper buys a cooler for ₹750 and sells it for ₹1030. What is the profit (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹5200 at 11% per year for 5 years (in ₹)?
  5. 5.What is the simple interest on ₹7300 at 10% per year for 3 years (in ₹)?
  6. 6.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1960. What is the profit (in ₹)?
  7. 7.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹1890. What is the loss (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹1900 at 5% per year for 1 year (in ₹)?
  9. 9.A cooler bought for ₹3400 is sold for ₹3570. What is the profit per cent?
  10. 10.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹1650. What is the loss (in ₹)?
  11. 11.A shopkeeper buys a fan for ₹1100 and sells it for ₹1160. What is the profit (in ₹)?
  12. 12.A mobile phone costs ₹3600. It is sold at a 12% profit. What is the selling price (in ₹)?
  13. 13.What is the simple interest on ₹2800 at 12% per year for 2 years (in ₹)?
  14. 14.A shopkeeper buys a table for ₹2550 and sells it for ₹2810. What is the profit (in ₹)?
  15. 15.What is 5% of 220?
  16. 16.What is the amount (principal + simple interest) on ₹9400 at 11% per year for 3 years (in ₹)?
  17. 17.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1780. What is the profit (in ₹)?
  18. 18.A table bought for ₹3200 is sold for ₹4480. What is the profit per cent?
  19. 19.A sewing machine costs ₹3800. It is sold at a 10% profit. What is the selling price (in ₹)?
  20. 20.A fan costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
  21. 21.What is 80% of 260?
  22. 22.What is the amount (principal + simple interest) on ₹9800 at 10% per year for 5 years (in ₹)?
  23. 23.A table bought for ₹3800 is sold for ₹2660. What is the loss per cent?
  24. 24.A mobile phone bought for ₹2300 is sold for ₹1955. What is the loss per cent?
  25. 25.The price of a box of mangoes changed from ₹40 to ₹56. What is the percentage increase?
  26. 26.The price of a school bag changed from ₹40 to ₹44. What is the percentage increase?
  27. 27.A mobile phone bought for ₹1500 is sold for ₹1320. What is the loss per cent?
  28. 28.What is the simple interest on ₹10000 at 12% per year for 5 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹1800 at 8% per year for 1 year (in ₹)?
  30. 30.What is 20% of 120?
  31. 31.What is 95% of 920?
  32. 32.What is 20% of 320?
  33. 33.A shopkeeper buys a watch for ₹1000 and sells it for ₹1010. What is the profit (in ₹)?
  34. 34.A shopkeeper buys a table for ₹1950 and sells it for ₹2100. What is the profit (in ₹)?
  35. 35.A cycle costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
  36. 36.What is 60% of 520?
  37. 37.What is the simple interest on ₹9100 at 12% per year for 1 year (in ₹)?
  38. 38.What is 30% of 220?
  39. 39.What is 10% of 420?
  40. 40.What is the amount (principal + simple interest) on ₹4800 at 12% per year for 1 year (in ₹)?

Answer key

  1. 300
  2. 49
  3. 280
  4. 8060
  5. 2190
  6. 210
  7. 210
  8. 1995
  9. 5
  10. 250
  11. 60
  12. 4032
  13. 672
  14. 260
  15. 11
  16. 12502
  17. 280
  18. 40
  19. 4180
  20. 1050
  21. 208
  22. 14700
  23. 30
  24. 15
  25. 40
  26. 10
  27. 12
  28. 6000
  29. 1944
  30. 24
  31. 874
  32. 64
  33. 10
  34. 150
  35. 3024
  36. 312
  37. 1092
  38. 66
  39. 42
  40. 5376

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