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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 850 · 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 cooler for ₹200 and sells it for ₹390. What is the profit (in ₹)?
  2. 2.What is the simple interest on ₹3900 at 11% per year for 2 years (in ₹)?
  3. 3.A cooler bought for ₹1000 is sold for ₹1100. What is the profit per cent?
  4. 4.The price of a school bag changed from ₹200 to ₹180. What is the percentage decrease?
  5. 5.A fan costs ₹2500. It is sold at a 20% loss. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a cooler for ₹200 and sells it for ₹290. What is the profit (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹7500 at 5% per year for 1 year (in ₹)?
  8. 8.What is the simple interest on ₹7400 at 11% per year for 4 years (in ₹)?
  9. 9.What is 15% of 860?
  10. 10.A watch bought for ₹3700 is sold for ₹3330. What is the loss per cent?
  11. 11.The price of a water bottle changed from ₹250 to ₹100. What is the percentage decrease?
  12. 12.What is the simple interest on ₹1600 at 3% per year for 1 year (in ₹)?
  13. 13.The price of a pair of shoes changed from ₹400 to ₹40. What is the percentage decrease?
  14. 14.A cricket kit bought for ₹800 is sold for ₹720. What is the loss per cent?
  15. 15.What is the amount (principal + simple interest) on ₹1900 at 3% per year for 4 years (in ₹)?
  16. 16.A cricket kit costs ₹3300. It is sold at a 20% loss. What is the selling price (in ₹)?
  17. 17.A watch costs ₹1300. It is sold at a 5% profit. What is the selling price (in ₹)?
  18. 18.A cycle costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
  19. 19.What is 80% of 320?
  20. 20.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1400. What is the loss (in ₹)?
  21. 21.What is 15% of 940?
  22. 22.What is the simple interest on ₹4100 at 8% per year for 1 year (in ₹)?
  23. 23.What is 25% of 640?
  24. 24.The price of a pair of shoes changed from ₹200 to ₹40. What is the percentage decrease?
  25. 25.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2220. What is the loss (in ₹)?
  26. 26.A shopkeeper buys a fan for ₹1450 and sells it for ₹1480. What is the profit (in ₹)?
  27. 27.The price of a bus pass changed from ₹500 to ₹50. What is the percentage decrease?
  28. 28.What is the simple interest on ₹6700 at 7% per year for 4 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹5900 at 2% per year for 5 years (in ₹)?
  30. 30.A cricket kit bought for ₹1300 is sold for ₹1560. What is the profit per cent?
  31. 31.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹140. What is the loss (in ₹)?
  32. 32.A shopkeeper buys a watch for ₹2900 and sells it for ₹2780. What is the loss (in ₹)?
  33. 33.A mobile phone bought for ₹1400 is sold for ₹1050. What is the loss per cent?
  34. 34.The price of a pair of shoes changed from ₹25 to ₹10. What is the percentage decrease?
  35. 35.The price of a cricket ball changed from ₹400 to ₹440. What is the percentage increase?
  36. 36.A mobile phone bought for ₹200 is sold for ₹150. What is the loss per cent?
  37. 37.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 5 years (in ₹)?
  38. 38.What is 5% of 720?
  39. 39.The price of a box of mangoes changed from ₹80 to ₹152. What is the percentage increase?
  40. 40.What is 70% of 500?

Answer key

  1. 190
  2. 858
  3. 10
  4. 10
  5. 2000
  6. 90
  7. 7875
  8. 3256
  9. 129
  10. 10
  11. 60
  12. 48
  13. 90
  14. 10
  15. 2128
  16. 2640
  17. 1365
  18. 1000
  19. 256
  20. 100
  21. 141
  22. 328
  23. 160
  24. 80
  25. 280
  26. 30
  27. 90
  28. 1876
  29. 6490
  30. 20
  31. 60
  32. 120
  33. 25
  34. 60
  35. 10
  36. 25
  37. 1300
  38. 36
  39. 90
  40. 350

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