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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 165 · 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 bought for ₹3600 is sold for ₹4500. What is the profit per cent?
  2. 2.A table costs ₹2500. It is sold at a 40% profit. What is the selling price (in ₹)?
  3. 3.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹520. What is the loss (in ₹)?
  4. 4.What is 35% of 500?
  5. 5.What is 95% of 620?
  6. 6.A cricket kit bought for ₹1700 is sold for ₹1190. What is the loss per cent?
  7. 7.The price of a box of mangoes changed from ₹400 to ₹240. What is the percentage decrease?
  8. 8.What is the simple interest on ₹1400 at 12% per year for 1 year (in ₹)?
  9. 9.What is the simple interest on ₹700 at 6% per year for 4 years (in ₹)?
  10. 10.What is the simple interest on ₹7000 at 8% per year for 5 years (in ₹)?
  11. 11.What is 95% of 600?
  12. 12.A shopkeeper buys a table for ₹2450 and sells it for ₹2380. What is the loss (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹3700 at 8% per year for 1 year (in ₹)?
  14. 14.A shopkeeper buys a watch for ₹2800 and sells it for ₹2630. What is the loss (in ₹)?
  15. 15.What is 85% of 580?
  16. 16.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2000. What is the profit (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹600 at 4% per year for 5 years (in ₹)?
  18. 18.A shopkeeper buys a watch for ₹1350 and sells it for ₹1170. What is the loss (in ₹)?
  19. 19.A shopkeeper buys a fan for ₹550 and sells it for ₹490. What is the loss (in ₹)?
  20. 20.A sewing machine costs ₹3900. It is sold at a 5% profit. What is the selling price (in ₹)?
  21. 21.A shopkeeper buys a watch for ₹550 and sells it for ₹290. What is the loss (in ₹)?
  22. 22.What is the simple interest on ₹7900 at 10% per year for 2 years (in ₹)?
  23. 23.A cricket kit costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
  24. 24.The price of a school bag changed from ₹20 to ₹32. What is the percentage increase?
  25. 25.A cycle costs ₹2000. It is sold at a 5% loss. What is the selling price (in ₹)?
  26. 26.What is 75% of 400?
  27. 27.A shopkeeper buys a cooler for ₹750 and sells it for ₹630. What is the loss (in ₹)?
  28. 28.The price of a box of mangoes changed from ₹250 to ₹225. What is the percentage decrease?
  29. 29.A shopkeeper buys a watch for ₹1350 and sells it for ₹1390. What is the profit (in ₹)?
  30. 30.A cricket kit bought for ₹400 is sold for ₹380. What is the loss per cent?
  31. 31.What is 25% of 780?
  32. 32.What is 80% of 720?
  33. 33.What is 65% of 320?
  34. 34.What is 25% of 960?
  35. 35.The price of a pair of shoes changed from ₹100 to ₹150. What is the percentage increase?
  36. 36.A shopkeeper buys a cycle for ₹2000 and sells it for ₹1700. What is the loss (in ₹)?
  37. 37.What is the simple interest on ₹2900 at 2% per year for 2 years (in ₹)?
  38. 38.What is 80% of 600?
  39. 39.What is the amount (principal + simple interest) on ₹8000 at 9% per year for 1 year (in ₹)?
  40. 40.A cricket kit bought for ₹1400 is sold for ₹1232. What is the loss per cent?

Answer key

  1. 25
  2. 3500
  3. 230
  4. 175
  5. 589
  6. 30
  7. 40
  8. 168
  9. 168
  10. 2800
  11. 570
  12. 70
  13. 3996
  14. 170
  15. 493
  16. 50
  17. 720
  18. 180
  19. 60
  20. 4095
  21. 260
  22. 1580
  23. 704
  24. 60
  25. 1900
  26. 300
  27. 120
  28. 10
  29. 40
  30. 5
  31. 195
  32. 576
  33. 208
  34. 240
  35. 50
  36. 300
  37. 116
  38. 480
  39. 8720
  40. 12

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