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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 846 · 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.What is the simple interest on ₹500 at 2% per year for 5 years (in ₹)?
  2. 2.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹820. What is the loss (in ₹)?
  3. 3.The price of a pair of shoes changed from ₹400 to ₹440. What is the percentage increase?
  4. 4.The price of a school bag changed from ₹100 to ₹175. What is the percentage increase?
  5. 5.What is the amount (principal + simple interest) on ₹8600 at 3% per year for 5 years (in ₹)?
  6. 6.A cycle costs ₹1700. It is sold at a 25% profit. What is the selling price (in ₹)?
  7. 7.A cycle bought for ₹2700 is sold for ₹1350. What is the loss per cent?
  8. 8.What is the amount (principal + simple interest) on ₹9700 at 7% per year for 5 years (in ₹)?
  9. 9.The price of a water bottle changed from ₹50 to ₹49. What is the percentage decrease?
  10. 10.A shopkeeper buys a cycle for ₹650 and sells it for ₹480. What is the loss (in ₹)?
  11. 11.What is the simple interest on ₹3800 at 12% per year for 3 years (in ₹)?
  12. 12.A shopkeeper buys a watch for ₹2550 and sells it for ₹2580. What is the profit (in ₹)?
  13. 13.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1400. What is the loss (in ₹)?
  14. 14.What is 45% of 380?
  15. 15.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹1190. What is the profit (in ₹)?
  16. 16.The price of a water bottle changed from ₹400 to ₹160. What is the percentage decrease?
  17. 17.What is the amount (principal + simple interest) on ₹7200 at 2% per year for 1 year (in ₹)?
  18. 18.What is the simple interest on ₹3200 at 4% per year for 4 years (in ₹)?
  19. 19.A table bought for ₹700 is sold for ₹770. What is the profit per cent?
  20. 20.What is the simple interest on ₹900 at 4% per year for 2 years (in ₹)?
  21. 21.A shopkeeper buys a fan for ₹2300 and sells it for ₹2430. What is the profit (in ₹)?
  22. 22.A shopkeeper buys a fan for ₹2950 and sells it for ₹2780. What is the loss (in ₹)?
  23. 23.A cycle bought for ₹1000 is sold for ₹1100. What is the profit per cent?
  24. 24.A fan costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
  25. 25.The price of a pair of shoes changed from ₹250 to ₹300. What is the percentage increase?
  26. 26.A shopkeeper buys a watch for ₹350 and sells it for ₹230. What is the loss (in ₹)?
  27. 27.What is the simple interest on ₹5100 at 4% per year for 1 year (in ₹)?
  28. 28.The price of a water bottle changed from ₹200 to ₹40. What is the percentage decrease?
  29. 29.What is the amount (principal + simple interest) on ₹3400 at 9% per year for 2 years (in ₹)?
  30. 30.What is the simple interest on ₹7800 at 4% per year for 2 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹8300 at 9% per year for 5 years (in ₹)?
  32. 32.A fan costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
  33. 33.A fan costs ₹500. It is sold at a 40% profit. What is the selling price (in ₹)?
  34. 34.A shopkeeper buys a watch for ₹300 and sells it for ₹230. What is the loss (in ₹)?
  35. 35.A shopkeeper buys a cooler for ₹1650 and sells it for ₹1610. What is the loss (in ₹)?
  36. 36.A cycle bought for ₹600 is sold for ₹630. What is the profit per cent?
  37. 37.What is the simple interest on ₹5800 at 7% per year for 5 years (in ₹)?
  38. 38.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
  39. 39.What is 45% of 180?
  40. 40.A cricket kit costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?

Answer key

  1. 50
  2. 180
  3. 10
  4. 75
  5. 9890
  6. 2125
  7. 50
  8. 13095
  9. 2
  10. 170
  11. 1368
  12. 30
  13. 200
  14. 171
  15. 90
  16. 60
  17. 7344
  18. 512
  19. 10
  20. 72
  21. 130
  22. 170
  23. 10
  24. 380
  25. 20
  26. 120
  27. 204
  28. 80
  29. 4012
  30. 624
  31. 12035
  32. 480
  33. 700
  34. 70
  35. 40
  36. 5
  37. 2030
  38. 40
  39. 81
  40. 1050

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