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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 119 · 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 table bought for ₹3600 is sold for ₹2160. What is the loss per cent?
  2. 2.A cooler bought for ₹2100 is sold for ₹1470. What is the loss per cent?
  3. 3.The price of a bus pass changed from ₹25 to ₹5. What is the percentage decrease?
  4. 4.What is the amount (principal + simple interest) on ₹9400 at 7% per year for 5 years (in ₹)?
  5. 5.What is 75% of 380?
  6. 6.A shopkeeper buys a watch for ₹700 and sells it for ₹660. What is the loss (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹6000 at 2% per year for 3 years (in ₹)?
  8. 8.What is the simple interest on ₹1600 at 10% per year for 4 years (in ₹)?
  9. 9.A table costs ₹2000. It is sold at a 40% loss. What is the selling price (in ₹)?
  10. 10.What is 25% of 400?
  11. 11.A fan costs ₹200. It is sold at a 20% profit. What is the selling price (in ₹)?
  12. 12.What is 35% of 240?
  13. 13.What is the amount (principal + simple interest) on ₹8900 at 2% per year for 1 year (in ₹)?
  14. 14.A shopkeeper buys a table for ₹1600 and sells it for ₹1640. What is the profit (in ₹)?
  15. 15.What is the simple interest on ₹1300 at 5% per year for 4 years (in ₹)?
  16. 16.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2530. What is the profit (in ₹)?
  17. 17.What is 55% of 320?
  18. 18.A cricket kit bought for ₹3100 is sold for ₹4650. What is the profit per cent?
  19. 19.What is the amount (principal + simple interest) on ₹8200 at 8% per year for 4 years (in ₹)?
  20. 20.A cricket kit costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹4800 at 11% per year for 4 years (in ₹)?
  22. 22.A shopkeeper buys a cycle for ₹1200 and sells it for ₹980. What is the loss (in ₹)?
  23. 23.A cycle costs ₹600. It is sold at a 50% loss. What is the selling price (in ₹)?
  24. 24.What is the simple interest on ₹600 at 5% per year for 2 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹4100 at 12% per year for 1 year (in ₹)?
  26. 26.What is 80% of 440?
  27. 27.What is 20% of 400?
  28. 28.What is the simple interest on ₹600 at 12% per year for 4 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹8400 at 3% per year for 5 years (in ₹)?
  30. 30.What is 25% of 180?
  31. 31.What is the amount (principal + simple interest) on ₹1200 at 12% per year for 1 year (in ₹)?
  32. 32.A fan costs ₹2000. It is sold at a 30% profit. What is the selling price (in ₹)?
  33. 33.What is 35% of 740?
  34. 34.A watch bought for ₹3400 is sold for ₹1700. What is the loss per cent?
  35. 35.The price of a water bottle changed from ₹80 to ₹96. What is the percentage increase?
  36. 36.A fan bought for ₹2400 is sold for ₹3360. What is the profit per cent?
  37. 37.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1690. What is the profit (in ₹)?
  38. 38.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹2940. What is the profit (in ₹)?
  39. 39.A cricket kit costs ₹2900. It is sold at a 30% profit. What is the selling price (in ₹)?
  40. 40.A cricket kit costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?

Answer key

  1. 40
  2. 30
  3. 80
  4. 12690
  5. 285
  6. 40
  7. 6360
  8. 640
  9. 1200
  10. 100
  11. 240
  12. 84
  13. 9078
  14. 40
  15. 260
  16. 180
  17. 176
  18. 50
  19. 10824
  20. 770
  21. 6912
  22. 220
  23. 300
  24. 60
  25. 4592
  26. 352
  27. 80
  28. 288
  29. 9660
  30. 45
  31. 1344
  32. 2600
  33. 259
  34. 50
  35. 20
  36. 40
  37. 140
  38. 90
  39. 3770
  40. 360

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