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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 113 · 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 cooler costs ₹1200. It is sold at a 12% loss. What is the selling price (in ₹)?
  2. 2.A fan costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹6600 at 3% per year for 1 year (in ₹)?
  4. 4.What is the simple interest on ₹3400 at 2% per year for 1 year (in ₹)?
  5. 5.What is 55% of 520?
  6. 6.What is 75% of 100?
  7. 7.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1110. What is the profit (in ₹)?
  8. 8.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
  9. 9.What is 80% of 640?
  10. 10.A table bought for ₹2800 is sold for ₹1960. What is the loss per cent?
  11. 11.A mobile phone bought for ₹1600 is sold for ₹1840. What is the profit per cent?
  12. 12.What is the amount (principal + simple interest) on ₹1800 at 10% per year for 4 years (in ₹)?
  13. 13.The price of a pair of shoes changed from ₹50 to ₹95. What is the percentage increase?
  14. 14.The price of a pair of shoes changed from ₹25 to ₹45. What is the percentage increase?
  15. 15.A watch costs ₹1900. It is sold at a 30% loss. What is the selling price (in ₹)?
  16. 16.A fan costs ₹1200. It is sold at a 5% loss. What is the selling price (in ₹)?
  17. 17.A cricket kit costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
  18. 18.A shopkeeper buys a watch for ₹1050 and sells it for ₹1260. What is the profit (in ₹)?
  19. 19.A mobile phone costs ₹2300. It is sold at a 5% profit. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1420. What is the profit (in ₹)?
  21. 21.A shopkeeper buys a table for ₹1600 and sells it for ₹1480. What is the loss (in ₹)?
  22. 22.What is the simple interest on ₹7800 at 6% per year for 3 years (in ₹)?
  23. 23.The price of a pair of shoes changed from ₹50 to ₹45. What is the percentage decrease?
  24. 24.The price of a box of mangoes changed from ₹20 to ₹32. What is the percentage increase?
  25. 25.What is the simple interest on ₹1600 at 3% per year for 1 year (in ₹)?
  26. 26.What is 20% of 200?
  27. 27.A fan bought for ₹2200 is sold for ₹1320. What is the loss per cent?
  28. 28.The price of a water bottle changed from ₹200 to ₹250. What is the percentage increase?
  29. 29.What is 15% of 620?
  30. 30.A shopkeeper buys a table for ₹2850 and sells it for ₹2650. What is the loss (in ₹)?
  31. 31.What is the simple interest on ₹4900 at 4% per year for 5 years (in ₹)?
  32. 32.A fan costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹8900 at 8% per year for 2 years (in ₹)?
  34. 34.What is 45% of 260?
  35. 35.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1910. What is the profit (in ₹)?
  36. 36.What is the simple interest on ₹2400 at 2% per year for 4 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹8500 at 3% per year for 2 years (in ₹)?
  38. 38.The price of a water bottle changed from ₹25 to ₹35. What is the percentage increase?
  39. 39.What is 70% of 1000?
  40. 40.What is 95% of 640?

Answer key

  1. 1056
  2. 3150
  3. 198
  4. 68
  5. 286
  6. 75
  7. 10
  8. 80
  9. 512
  10. 30
  11. 15
  12. 2520
  13. 90
  14. 80
  15. 1330
  16. 1140
  17. 1350
  18. 210
  19. 2415
  20. 170
  21. 120
  22. 1404
  23. 10
  24. 60
  25. 48
  26. 40
  27. 40
  28. 25
  29. 93
  30. 200
  31. 980
  32. 150
  33. 1424
  34. 117
  35. 260
  36. 192
  37. 9010
  38. 40
  39. 700
  40. 608

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