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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 106 · 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.The price of a cricket ball changed from ₹25 to ₹10. What is the percentage decrease?
  2. 2.What is the amount (principal + simple interest) on ₹9100 at 8% per year for 2 years (in ₹)?
  3. 3.What is 75% of 840?
  4. 4.A shopkeeper buys a mobile phone for ₹2150 and sells it for ₹2370. What is the profit (in ₹)?
  5. 5.What is 45% of 940?
  6. 6.What is 30% of 820?
  7. 7.A shopkeeper buys a fan for ₹650 and sells it for ₹540. What is the loss (in ₹)?
  8. 8.A watch costs ₹1500. It is sold at a 10% loss. What is the selling price (in ₹)?
  9. 9.What is 35% of 1000?
  10. 10.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2970. What is the profit (in ₹)?
  11. 11.A mobile phone bought for ₹3600 is sold for ₹4140. What is the profit per cent?
  12. 12.A fan bought for ₹200 is sold for ₹224. What is the profit per cent?
  13. 13.What is 25% of 460?
  14. 14.What is the simple interest on ₹5200 at 6% per year for 4 years (in ₹)?
  15. 15.The price of a school bag changed from ₹50 to ₹51. What is the percentage increase?
  16. 16.What is the simple interest on ₹2900 at 5% per year for 3 years (in ₹)?
  17. 17.The price of a bus pass changed from ₹200 to ₹40. What is the percentage decrease?
  18. 18.A shopkeeper buys a watch for ₹1950 and sells it for ₹1700. What is the loss (in ₹)?
  19. 19.What is 45% of 720?
  20. 20.What is the simple interest on ₹1100 at 8% per year for 5 years (in ₹)?
  21. 21.A mobile phone costs ₹1400. It is sold at a 25% loss. What is the selling price (in ₹)?
  22. 22.A mobile phone costs ₹1800. It is sold at a 10% profit. What is the selling price (in ₹)?
  23. 23.A cricket kit bought for ₹2000 is sold for ₹1600. What is the loss per cent?
  24. 24.What is the amount (principal + simple interest) on ₹8100 at 9% per year for 5 years (in ₹)?
  25. 25.What is 15% of 940?
  26. 26.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2700. What is the loss (in ₹)?
  27. 27.What is the simple interest on ₹900 at 4% per year for 4 years (in ₹)?
  28. 28.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹420. What is the loss (in ₹)?
  29. 29.The price of a box of mangoes changed from ₹500 to ₹800. What is the percentage increase?
  30. 30.A table costs ₹2900. It is sold at a 12% loss. What is the selling price (in ₹)?
  31. 31.The price of a pair of shoes changed from ₹80 to ₹120. What is the percentage increase?
  32. 32.What is the amount (principal + simple interest) on ₹900 at 6% per year for 4 years (in ₹)?
  33. 33.What is 90% of 160?
  34. 34.A shopkeeper buys a cycle for ₹2850 and sells it for ₹2550. What is the loss (in ₹)?
  35. 35.The price of a water bottle changed from ₹250 to ₹245. What is the percentage decrease?
  36. 36.What is the amount (principal + simple interest) on ₹4800 at 4% per year for 2 years (in ₹)?
  37. 37.A shopkeeper buys a watch for ₹1900 and sells it for ₹1710. What is the loss (in ₹)?
  38. 38.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹80. What is the loss (in ₹)?
  39. 39.What is 35% of 720?
  40. 40.A shopkeeper buys a cricket kit for ₹500 and sells it for ₹700. What is the profit (in ₹)?

Answer key

  1. 60
  2. 10556
  3. 630
  4. 220
  5. 423
  6. 246
  7. 110
  8. 1350
  9. 350
  10. 270
  11. 15
  12. 12
  13. 115
  14. 1248
  15. 2
  16. 435
  17. 80
  18. 250
  19. 324
  20. 440
  21. 1050
  22. 1980
  23. 20
  24. 11745
  25. 141
  26. 250
  27. 144
  28. 80
  29. 60
  30. 2552
  31. 50
  32. 1116
  33. 144
  34. 300
  35. 2
  36. 5184
  37. 190
  38. 270
  39. 252
  40. 200

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