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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 151 · 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 table for ₹1200 and sells it for ₹1370. What is the profit (in ₹)?
  2. 2.The price of a school bag changed from ₹40 to ₹42. What is the percentage increase?
  3. 3.A cricket kit costs ₹2800. It is sold at a 20% loss. What is the selling price (in ₹)?
  4. 4.A watch costs ₹600. It is sold at a 50% loss. What is the selling price (in ₹)?
  5. 5.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹710. What is the profit (in ₹)?
  6. 6.A shopkeeper buys a table for ₹500 and sells it for ₹220. What is the loss (in ₹)?
  7. 7.What is 95% of 200?
  8. 8.A shopkeeper buys a mobile phone for ₹1800 and sells it for ₹1990. What is the profit (in ₹)?
  9. 9.A fan costs ₹1100. It is sold at a 20% profit. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1950. What is the profit (in ₹)?
  11. 11.What is the simple interest on ₹3400 at 4% per year for 2 years (in ₹)?
  12. 12.A sewing machine bought for ₹1900 is sold for ₹1995. What is the profit per cent?
  13. 13.A watch bought for ₹2400 is sold for ₹2280. What is the loss per cent?
  14. 14.What is 25% of 560?
  15. 15.What is 25% of 40?
  16. 16.The price of a water bottle changed from ₹500 to ₹875. What is the percentage increase?
  17. 17.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2550. What is the profit (in ₹)?
  18. 18.A cooler bought for ₹3300 is sold for ₹3960. What is the profit per cent?
  19. 19.What is the simple interest on ₹1700 at 6% per year for 1 year (in ₹)?
  20. 20.A fan costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
  21. 21.A shopkeeper buys a watch for ₹350 and sells it for ₹220. What is the loss (in ₹)?
  22. 22.A cricket kit bought for ₹2500 is sold for ₹3750. What is the profit per cent?
  23. 23.What is 35% of 700?
  24. 24.A cricket kit costs ₹1900. It is sold at a 40% profit. What is the selling price (in ₹)?
  25. 25.A watch costs ₹1800. It is sold at a 40% loss. What is the selling price (in ₹)?
  26. 26.A cooler bought for ₹200 is sold for ₹210. What is the profit per cent?
  27. 27.The price of a cricket ball changed from ₹500 to ₹600. What is the percentage increase?
  28. 28.What is 70% of 1000?
  29. 29.What is the simple interest on ₹8700 at 12% per year for 2 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹4000 at 2% per year for 5 years (in ₹)?
  31. 31.The price of a pair of shoes changed from ₹100 to ₹20. What is the percentage decrease?
  32. 32.A shopkeeper buys a table for ₹500 and sells it for ₹590. What is the profit (in ₹)?
  33. 33.What is the simple interest on ₹500 at 3% per year for 5 years (in ₹)?
  34. 34.The price of a water bottle changed from ₹20 to ₹4. What is the percentage decrease?
  35. 35.What is 20% of 600?
  36. 36.A watch bought for ₹3600 is sold for ₹3168. What is the loss per cent?
  37. 37.A cycle bought for ₹3200 is sold for ₹2816. What is the loss per cent?
  38. 38.What is 95% of 60?
  39. 39.A cycle costs ₹1900. It is sold at a 10% loss. What is the selling price (in ₹)?
  40. 40.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?

Answer key

  1. 170
  2. 5
  3. 2240
  4. 300
  5. 160
  6. 280
  7. 190
  8. 190
  9. 1320
  10. 300
  11. 272
  12. 5
  13. 5
  14. 140
  15. 10
  16. 75
  17. 200
  18. 20
  19. 102
  20. 150
  21. 130
  22. 50
  23. 245
  24. 2660
  25. 1080
  26. 5
  27. 20
  28. 700
  29. 2088
  30. 4400
  31. 80
  32. 90
  33. 75
  34. 80
  35. 120
  36. 12
  37. 12
  38. 57
  39. 1710
  40. 90

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