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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 150 · 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 watch costs ₹600. It is sold at a 30% loss. What is the selling price (in ₹)?
  2. 2.A mobile phone bought for ₹3300 is sold for ₹2970. What is the loss per cent?
  3. 3.A cycle costs ₹1300. It is sold at a 10% profit. What is the selling price (in ₹)?
  4. 4.What is 35% of 440?
  5. 5.A shopkeeper buys a cooler for ₹1950 and sells it for ₹1690. What is the loss (in ₹)?
  6. 6.A cricket kit costs ₹2700. It is sold at a 40% loss. What is the selling price (in ₹)?
  7. 7.The price of a pair of shoes changed from ₹20 to ₹8. What is the percentage decrease?
  8. 8.The price of a bus pass changed from ₹50 to ₹65. What is the percentage increase?
  9. 9.What is the amount (principal + simple interest) on ₹7200 at 9% per year for 1 year (in ₹)?
  10. 10.What is 20% of 440?
  11. 11.The price of a pair of shoes changed from ₹20 to ₹19. What is the percentage decrease?
  12. 12.What is the amount (principal + simple interest) on ₹2700 at 3% per year for 3 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹1600 at 4% per year for 4 years (in ₹)?
  14. 14.A shopkeeper buys a cooler for ₹800 and sells it for ₹760. What is the loss (in ₹)?
  15. 15.What is 75% of 540?
  16. 16.What is the amount (principal + simple interest) on ₹4800 at 10% per year for 4 years (in ₹)?
  17. 17.What is the simple interest on ₹4400 at 9% per year for 2 years (in ₹)?
  18. 18.What is 40% of 740?
  19. 19.A watch bought for ₹2100 is sold for ₹3150. What is the profit per cent?
  20. 20.The price of a pair of shoes changed from ₹250 to ₹350. What is the percentage increase?
  21. 21.What is the amount (principal + simple interest) on ₹2200 at 2% per year for 5 years (in ₹)?
  22. 22.What is 75% of 920?
  23. 23.What is 40% of 160?
  24. 24.The price of a pair of shoes changed from ₹50 to ₹70. What is the percentage increase?
  25. 25.A cycle costs ₹500. It is sold at a 5% loss. What is the selling price (in ₹)?
  26. 26.A cycle bought for ₹1100 is sold for ₹935. What is the loss per cent?
  27. 27.What is the amount (principal + simple interest) on ₹500 at 2% per year for 2 years (in ₹)?
  28. 28.What is 25% of 660?
  29. 29.A table costs ₹1200. It is sold at a 10% loss. What is the selling price (in ₹)?
  30. 30.A mobile phone bought for ₹2800 is sold for ₹1680. What is the loss per cent?
  31. 31.A fan costs ₹600. It is sold at a 30% profit. What is the selling price (in ₹)?
  32. 32.What is the simple interest on ₹5900 at 6% per year for 5 years (in ₹)?
  33. 33.A cycle costs ₹2400. It is sold at a 10% loss. What is the selling price (in ₹)?
  34. 34.What is 30% of 780?
  35. 35.A cycle costs ₹1800. It is sold at a 50% loss. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹9200 at 3% per year for 1 year (in ₹)?
  37. 37.The price of a school bag changed from ₹250 to ₹200. What is the percentage decrease?
  38. 38.A cycle bought for ₹1600 is sold for ₹800. What is the loss per cent?
  39. 39.A fan costs ₹700. It is sold at a 15% loss. What is the selling price (in ₹)?
  40. 40.The price of a school bag changed from ₹200 to ₹250. What is the percentage increase?

Answer key

  1. 420
  2. 10
  3. 1430
  4. 154
  5. 260
  6. 1620
  7. 60
  8. 30
  9. 7848
  10. 88
  11. 5
  12. 2943
  13. 1856
  14. 40
  15. 405
  16. 6720
  17. 792
  18. 296
  19. 50
  20. 40
  21. 2420
  22. 690
  23. 64
  24. 40
  25. 475
  26. 15
  27. 520
  28. 165
  29. 1080
  30. 40
  31. 780
  32. 1770
  33. 2160
  34. 234
  35. 900
  36. 9476
  37. 20
  38. 50
  39. 595
  40. 25

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