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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 999 · 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.

NameDateTime takenScore ___ / 40
  1. 1.A shopkeeper buys a watch for ₹1100 and sells it for ₹900. What is the loss (in ₹)?
  2. 2.A sewing machine bought for ₹300 is sold for ₹375. What is the profit per cent?
  3. 3.What is the simple interest on ₹9000 at 7% per year for 5 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹1100 at 5% per year for 4 years (in ₹)?
  5. 5.A cooler costs ₹300. It is sold at a 25% profit. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a table for ₹1150 and sells it for ₹850. What is the loss (in ₹)?
  7. 7.What is 25% of 940?
  8. 8.What is 75% of 660?
  9. 9.What is 40% of 60?
  10. 10.A table bought for ₹3300 is sold for ₹3465. What is the profit per cent?
  11. 11.A cycle costs ₹500. It is sold at a 20% loss. What is the selling price (in ₹)?
  12. 12.What is the simple interest on ₹9900 at 5% per year for 2 years (in ₹)?
  13. 13.What is 75% of 360?
  14. 14.A shopkeeper buys a fan for ₹2550 and sells it for ₹2260. What is the loss (in ₹)?
  15. 15.A mobile phone bought for ₹2500 is sold for ₹2200. What is the loss per cent?
  16. 16.What is the simple interest on ₹6000 at 9% per year for 5 years (in ₹)?
  17. 17.What is the simple interest on ₹2600 at 3% per year for 1 year (in ₹)?
  18. 18.A watch bought for ₹3800 is sold for ₹3344. What is the loss per cent?
  19. 19.A fan bought for ₹3200 is sold for ₹3040. What is the loss per cent?
  20. 20.The price of a school bag changed from ₹40 to ₹30. What is the percentage decrease?
  21. 21.What is the simple interest on ₹4400 at 8% per year for 5 years (in ₹)?
  22. 22.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹810. What is the profit (in ₹)?
  23. 23.What is the simple interest on ₹7500 at 12% per year for 4 years (in ₹)?
  24. 24.A cricket kit costs ₹3900. It is sold at a 10% profit. What is the selling price (in ₹)?
  25. 25.A fan costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
  26. 26.A cricket kit costs ₹4000. It is sold at a 40% loss. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a fan for ₹2300 and sells it for ₹2560. What is the profit (in ₹)?
  28. 28.What is the simple interest on ₹9000 at 3% per year for 3 years (in ₹)?
  29. 29.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1330. What is the loss (in ₹)?
  30. 30.A sewing machine costs ₹3400. It is sold at a 15% profit. What is the selling price (in ₹)?
  31. 31.A watch costs ₹200. It is sold at a 10% profit. What is the selling price (in ₹)?
  32. 32.A shopkeeper buys a fan for ₹300 and sells it for ₹510. What is the profit (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹7400 at 9% per year for 4 years (in ₹)?
  34. 34.A fan costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
  35. 35.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹820. What is the profit (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹2800 at 3% per year for 2 years (in ₹)?
  37. 37.A cycle costs ₹2500. It is sold at a 15% profit. What is the selling price (in ₹)?
  38. 38.A mobile phone costs ₹2200. It is sold at a 20% loss. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1690. What is the profit (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹1300 at 12% per year for 1 year (in ₹)?

Answer key

  1. 200
  2. 25
  3. 3150
  4. 1320
  5. 375
  6. 300
  7. 235
  8. 495
  9. 24
  10. 5
  11. 400
  12. 990
  13. 270
  14. 290
  15. 12
  16. 2700
  17. 78
  18. 12
  19. 5
  20. 25
  21. 1760
  22. 10
  23. 3600
  24. 4290
  25. 3220
  26. 2400
  27. 260
  28. 810
  29. 270
  30. 3910
  31. 220
  32. 210
  33. 10064
  34. 900
  35. 170
  36. 2968
  37. 2875
  38. 1760
  39. 240
  40. 1456

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