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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 929 · 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 ₹1850 and sells it for ₹1990. What is the profit (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹2300 at 6% per year for 3 years (in ₹)?
  3. 3.A table costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
  4. 4.What is 75% of 200?
  5. 5.What is the amount (principal + simple interest) on ₹8700 at 5% per year for 5 years (in ₹)?
  6. 6.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1270. What is the profit (in ₹)?
  7. 7.What is 45% of 880?
  8. 8.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1430. What is the loss (in ₹)?
  9. 9.A shopkeeper buys a fan for ₹2050 and sells it for ₹2340. What is the profit (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹4300 at 3% per year for 1 year (in ₹)?
  11. 11.A cricket kit bought for ₹1400 is sold for ₹1610. What is the profit per cent?
  12. 12.A table bought for ₹4000 is sold for ₹3400. What is the loss per cent?
  13. 13.What is the amount (principal + simple interest) on ₹6800 at 3% per year for 1 year (in ₹)?
  14. 14.A sewing machine costs ₹600. It is sold at a 50% loss. What is the selling price (in ₹)?
  15. 15.The price of a water bottle changed from ₹50 to ₹65. What is the percentage increase?
  16. 16.What is the simple interest on ₹5400 at 4% per year for 2 years (in ₹)?
  17. 17.The price of a cricket ball changed from ₹200 to ₹240. What is the percentage increase?
  18. 18.What is 65% of 600?
  19. 19.What is the simple interest on ₹5400 at 2% per year for 1 year (in ₹)?
  20. 20.A watch costs ₹2400. It is sold at a 50% loss. What is the selling price (in ₹)?
  21. 21.A mobile phone bought for ₹1500 is sold for ₹750. What is the loss per cent?
  22. 22.What is 75% of 340?
  23. 23.The price of a school bag changed from ₹40 to ₹50. What is the percentage increase?
  24. 24.What is 85% of 160?
  25. 25.What is 95% of 360?
  26. 26.What is the amount (principal + simple interest) on ₹6300 at 12% per year for 5 years (in ₹)?
  27. 27.A fan costs ₹1400. It is sold at a 30% profit. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a fan for ₹550 and sells it for ₹350. What is the loss (in ₹)?
  29. 29.What is 25% of 460?
  30. 30.What is the simple interest on ₹2500 at 4% per year for 1 year (in ₹)?
  31. 31.A cycle costs ₹4000. It is sold at a 30% loss. What is the selling price (in ₹)?
  32. 32.What is the simple interest on ₹2000 at 8% per year for 1 year (in ₹)?
  33. 33.A cooler bought for ₹1300 is sold for ₹1625. What is the profit per cent?
  34. 34.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹710. What is the profit (in ₹)?
  35. 35.What is 5% of 440?
  36. 36.A shopkeeper buys a cooler for ₹2600 and sells it for ₹2530. What is the loss (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹3000 at 6% per year for 4 years (in ₹)?
  38. 38.The price of a bus pass changed from ₹80 to ₹112. What is the percentage increase?
  39. 39.A table costs ₹1500. It is sold at a 50% profit. What is the selling price (in ₹)?
  40. 40.A fan costs ₹2500. It is sold at a 12% profit. What is the selling price (in ₹)?

Answer key

  1. 140
  2. 2714
  3. 3450
  4. 150
  5. 10875
  6. 70
  7. 396
  8. 70
  9. 290
  10. 4429
  11. 15
  12. 15
  13. 7004
  14. 300
  15. 30
  16. 432
  17. 20
  18. 390
  19. 108
  20. 1200
  21. 50
  22. 255
  23. 25
  24. 136
  25. 342
  26. 10080
  27. 1820
  28. 200
  29. 115
  30. 100
  31. 2800
  32. 160
  33. 25
  34. 210
  35. 22
  36. 70
  37. 3720
  38. 40
  39. 2250
  40. 2800

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