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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 126 · 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 fan for ₹2050 and sells it for ₹2070. What is the profit (in ₹)?
  2. 2.What is the simple interest on ₹5300 at 3% per year for 5 years (in ₹)?
  3. 3.What is 25% of 140?
  4. 4.A mobile phone costs ₹2300. It is sold at a 40% loss. What is the selling price (in ₹)?
  5. 5.What is 45% of 480?
  6. 6.A shopkeeper buys a sewing machine for ₹1550 and sells it for ₹1760. What is the profit (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2000. What is the loss (in ₹)?
  8. 8.What is 40% of 960?
  9. 9.The price of a bus pass changed from ₹400 to ₹404. What is the percentage increase?
  10. 10.A cooler costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
  11. 11.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1770. What is the profit (in ₹)?
  12. 12.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹820. What is the loss (in ₹)?
  13. 13.What is the simple interest on ₹8200 at 3% per year for 2 years (in ₹)?
  14. 14.The price of a box of mangoes changed from ₹250 to ₹225. What is the percentage decrease?
  15. 15.A cricket kit costs ₹200. It is sold at a 12% loss. What is the selling price (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹8500 at 10% per year for 5 years (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹1200 at 3% per year for 5 years (in ₹)?
  18. 18.What is the simple interest on ₹6800 at 12% per year for 1 year (in ₹)?
  19. 19.The price of a cricket ball changed from ₹250 to ₹225. What is the percentage decrease?
  20. 20.A shopkeeper buys a fan for ₹1950 and sells it for ₹2200. What is the profit (in ₹)?
  21. 21.A table bought for ₹2900 is sold for ₹3770. What is the profit per cent?
  22. 22.What is the simple interest on ₹7600 at 3% per year for 5 years (in ₹)?
  23. 23.What is 70% of 180?
  24. 24.A table costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
  25. 25.What is 30% of 660?
  26. 26.A shopkeeper buys a cycle for ₹650 and sells it for ₹660. What is the profit (in ₹)?
  27. 27.What is 80% of 180?
  28. 28.A cricket kit bought for ₹4000 is sold for ₹3600. What is the loss per cent?
  29. 29.A cooler costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a fan for ₹2850 and sells it for ₹3080. What is the profit (in ₹)?
  31. 31.What is the simple interest on ₹9000 at 12% per year for 3 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹1200 at 7% per year for 4 years (in ₹)?
  33. 33.A shopkeeper buys a cricket kit for ₹2900 and sells it for ₹3160. What is the profit (in ₹)?
  34. 34.What is the simple interest on ₹4600 at 3% per year for 2 years (in ₹)?
  35. 35.What is the simple interest on ₹6500 at 10% per year for 1 year (in ₹)?
  36. 36.A cooler bought for ₹800 is sold for ₹640. What is the loss per cent?
  37. 37.A cycle costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
  38. 38.What is 5% of 260?
  39. 39.What is the amount (principal + simple interest) on ₹7100 at 5% per year for 4 years (in ₹)?
  40. 40.A shopkeeper buys a fan for ₹1100 and sells it for ₹830. What is the loss (in ₹)?

Answer key

  1. 20
  2. 795
  3. 35
  4. 1380
  5. 216
  6. 210
  7. 300
  8. 384
  9. 1
  10. 735
  11. 20
  12. 180
  13. 492
  14. 10
  15. 176
  16. 12750
  17. 1380
  18. 816
  19. 10
  20. 250
  21. 30
  22. 1140
  23. 126
  24. 2000
  25. 198
  26. 10
  27. 144
  28. 10
  29. 2420
  30. 230
  31. 3240
  32. 1536
  33. 260
  34. 276
  35. 650
  36. 20
  37. 1980
  38. 13
  39. 8520
  40. 270

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