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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 1 · 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 sewing machine for ₹250 and sells it for ₹280. What is the profit (in ₹)?
  2. 2.The price of a pair of shoes changed from ₹400 to ₹200. What is the percentage decrease?
  3. 3.A sewing machine costs ₹700. It is sold at a 5% loss. What is the selling price (in ₹)?
  4. 4.What is 5% of 960?
  5. 5.A cooler bought for ₹1400 is sold for ₹1330. What is the loss per cent?
  6. 6.What is the simple interest on ₹800 at 11% per year for 2 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹3400 at 5% per year for 4 years (in ₹)?
  8. 8.The price of a school bag changed from ₹200 to ₹380. What is the percentage increase?
  9. 9.A shopkeeper buys a cooler for ₹850 and sells it for ₹770. What is the loss (in ₹)?
  10. 10.A fan bought for ₹3300 is sold for ₹2310. What is the loss per cent?
  11. 11.A cricket kit costs ₹3400. It is sold at a 30% profit. What is the selling price (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹5000 at 12% per year for 1 year (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹1900 at 5% per year for 3 years (in ₹)?
  14. 14.The price of a water bottle changed from ₹80 to ₹64. What is the percentage decrease?
  15. 15.What is the simple interest on ₹8600 at 12% per year for 3 years (in ₹)?
  16. 16.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹1000. What is the profit (in ₹)?
  17. 17.The price of a bus pass changed from ₹50 to ₹5. What is the percentage decrease?
  18. 18.What is the simple interest on ₹1500 at 12% per year for 3 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹1700 at 4% per year for 1 year (in ₹)?
  20. 20.What is 60% of 720?
  21. 21.A table costs ₹2600. It is sold at a 40% loss. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a watch for ₹1800 and sells it for ₹1820. What is the profit (in ₹)?
  23. 23.A cricket kit costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
  24. 24.What is 10% of 300?
  25. 25.What is the simple interest on ₹8100 at 6% per year for 1 year (in ₹)?
  26. 26.A shopkeeper buys a table for ₹650 and sells it for ₹410. What is the loss (in ₹)?
  27. 27.The price of a school bag changed from ₹200 to ₹280. What is the percentage increase?
  28. 28.What is the simple interest on ₹4300 at 11% per year for 1 year (in ₹)?
  29. 29.A shopkeeper buys a watch for ₹450 and sells it for ₹290. What is the loss (in ₹)?
  30. 30.A shopkeeper buys a watch for ₹1050 and sells it for ₹1170. What is the profit (in ₹)?
  31. 31.What is the simple interest on ₹8800 at 12% per year for 4 years (in ₹)?
  32. 32.A sewing machine costs ₹3600. It is sold at a 15% profit. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹9100 at 5% per year for 2 years (in ₹)?
  34. 34.A watch bought for ₹300 is sold for ₹180. What is the loss per cent?
  35. 35.The price of a box of mangoes changed from ₹80 to ₹120. What is the percentage increase?
  36. 36.A table costs ₹1500. It is sold at a 20% loss. What is the selling price (in ₹)?
  37. 37.What is 60% of 780?
  38. 38.What is 80% of 580?
  39. 39.The price of a water bottle changed from ₹500 to ₹800. What is the percentage increase?
  40. 40.A cricket kit costs ₹1500. It is sold at a 12% profit. What is the selling price (in ₹)?

Answer key

  1. 30
  2. 50
  3. 665
  4. 48
  5. 5
  6. 176
  7. 4080
  8. 90
  9. 80
  10. 30
  11. 4420
  12. 5600
  13. 2185
  14. 20
  15. 3096
  16. 50
  17. 90
  18. 540
  19. 1768
  20. 432
  21. 1560
  22. 20
  23. 1500
  24. 30
  25. 486
  26. 240
  27. 40
  28. 473
  29. 160
  30. 120
  31. 4224
  32. 4140
  33. 910
  34. 40
  35. 50
  36. 1200
  37. 468
  38. 464
  39. 60
  40. 1680

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