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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 149 · 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 mobile phone costs ₹1100. It is sold at a 25% loss. What is the selling price (in ₹)?
  2. 2.A cricket kit costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
  3. 3.The price of a bus pass changed from ₹200 to ₹180. What is the percentage decrease?
  4. 4.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1830. What is the loss (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹4100 at 3% per year for 5 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹8000 at 2% per year for 1 year (in ₹)?
  7. 7.What is 10% of 280?
  8. 8.What is 80% of 280?
  9. 9.What is 30% of 860?
  10. 10.A cooler costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?
  11. 11.A shopkeeper buys a fan for ₹2500 and sells it for ₹2630. What is the profit (in ₹)?
  12. 12.A shopkeeper buys a watch for ₹2850 and sells it for ₹3150. What is the profit (in ₹)?
  13. 13.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2260. What is the profit (in ₹)?
  14. 14.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1010. What is the loss (in ₹)?
  15. 15.The price of a pair of shoes changed from ₹400 to ₹320. What is the percentage decrease?
  16. 16.A shopkeeper buys a fan for ₹450 and sells it for ₹740. What is the profit (in ₹)?
  17. 17.What is the simple interest on ₹2100 at 11% per year for 4 years (in ₹)?
  18. 18.The price of a school bag changed from ₹40 to ₹52. What is the percentage increase?
  19. 19.The price of a school bag changed from ₹200 to ₹260. What is the percentage increase?
  20. 20.A shopkeeper buys a mobile phone for ₹1750 and sells it for ₹1960. What is the profit (in ₹)?
  21. 21.A table bought for ₹2000 is sold for ₹3000. What is the profit per cent?
  22. 22.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹600. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹860. What is the loss (in ₹)?
  24. 24.A mobile phone costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
  25. 25.What is the simple interest on ₹8500 at 5% per year for 2 years (in ₹)?
  26. 26.A cooler costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
  27. 27.A cooler costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
  28. 28.A fan costs ₹3200. It is sold at a 20% profit. What is the selling price (in ₹)?
  29. 29.What is 20% of 220?
  30. 30.A shopkeeper buys a table for ₹500 and sells it for ₹520. What is the profit (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹2100 at 6% per year for 4 years (in ₹)?
  32. 32.The price of a box of mangoes changed from ₹20 to ₹22. What is the percentage increase?
  33. 33.A watch costs ₹3700. It is sold at a 5% profit. What is the selling price (in ₹)?
  34. 34.What is 25% of 920?
  35. 35.What is 25% of 580?
  36. 36.A mobile phone costs ₹300. It is sold at a 15% loss. What is the selling price (in ₹)?
  37. 37.The price of a box of mangoes changed from ₹200 to ₹80. What is the percentage decrease?
  38. 38.What is the simple interest on ₹3200 at 11% per year for 4 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹8800 at 7% per year for 5 years (in ₹)?
  40. 40.The price of a pair of shoes changed from ₹20 to ₹14. What is the percentage decrease?

Answer key

  1. 825
  2. 1600
  3. 10
  4. 20
  5. 4715
  6. 8160
  7. 28
  8. 224
  9. 258
  10. 2450
  11. 130
  12. 300
  13. 60
  14. 240
  15. 20
  16. 290
  17. 924
  18. 30
  19. 30
  20. 210
  21. 50
  22. 250
  23. 90
  24. 1100
  25. 850
  26. 425
  27. 1045
  28. 3840
  29. 44
  30. 20
  31. 2604
  32. 10
  33. 3885
  34. 230
  35. 145
  36. 255
  37. 60
  38. 1408
  39. 11880
  40. 30

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