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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 180 · 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 fan bought for ₹2800 is sold for ₹3220. What is the profit per cent?
  2. 2.A cycle bought for ₹1500 is sold for ₹1725. What is the profit per cent?
  3. 3.What is the amount (principal + simple interest) on ₹8900 at 2% per year for 2 years (in ₹)?
  4. 4.A table bought for ₹1200 is sold for ₹1080. What is the loss per cent?
  5. 5.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2640. What is the loss (in ₹)?
  6. 6.The price of a bus pass changed from ₹20 to ₹32. What is the percentage increase?
  7. 7.A watch costs ₹3000. It is sold at a 40% loss. What is the selling price (in ₹)?
  8. 8.What is 55% of 700?
  9. 9.The price of a bus pass changed from ₹40 to ₹32. What is the percentage decrease?
  10. 10.A cycle costs ₹1100. It is sold at a 12% profit. What is the selling price (in ₹)?
  11. 11.What is 80% of 540?
  12. 12.What is 30% of 180?
  13. 13.A fan bought for ₹3500 is sold for ₹5250. What is the profit per cent?
  14. 14.A table bought for ₹3700 is sold for ₹3885. What is the profit per cent?
  15. 15.What is the amount (principal + simple interest) on ₹5500 at 3% per year for 1 year (in ₹)?
  16. 16.A shopkeeper buys a fan for ₹2000 and sells it for ₹2170. What is the profit (in ₹)?
  17. 17.A cycle bought for ₹400 is sold for ₹420. What is the profit per cent?
  18. 18.A fan bought for ₹400 is sold for ₹300. What is the loss per cent?
  19. 19.What is 40% of 1000?
  20. 20.A shopkeeper buys a fan for ₹2900 and sells it for ₹2860. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a cycle for ₹2850 and sells it for ₹2690. What is the loss (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹1800 at 2% per year for 5 years (in ₹)?
  23. 23.What is 80% of 80?
  24. 24.A fan costs ₹2700. It is sold at a 5% profit. What is the selling price (in ₹)?
  25. 25.A shopkeeper buys a fan for ₹1350 and sells it for ₹1150. What is the loss (in ₹)?
  26. 26.A shopkeeper buys a fan for ₹2450 and sells it for ₹2430. What is the loss (in ₹)?
  27. 27.What is 15% of 660?
  28. 28.What is the simple interest on ₹5800 at 8% per year for 1 year (in ₹)?
  29. 29.A shopkeeper buys a cooler for ₹1550 and sells it for ₹1820. What is the profit (in ₹)?
  30. 30.The price of a cricket ball changed from ₹25 to ₹45. What is the percentage increase?
  31. 31.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹970. What is the profit (in ₹)?
  32. 32.A cooler costs ₹400. It is sold at a 5% profit. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹1200 at 9% per year for 2 years (in ₹)?
  34. 34.A shopkeeper buys a fan for ₹1450 and sells it for ₹1600. What is the profit (in ₹)?
  35. 35.A table bought for ₹2900 is sold for ₹2610. What is the loss per cent?
  36. 36.A cycle bought for ₹1200 is sold for ₹1020. What is the loss per cent?
  37. 37.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1250. What is the loss (in ₹)?
  38. 38.What is 90% of 440?
  39. 39.What is 90% of 400?
  40. 40.A cricket kit bought for ₹1700 is sold for ₹1615. What is the loss per cent?

Answer key

  1. 15
  2. 15
  3. 9256
  4. 10
  5. 10
  6. 60
  7. 1800
  8. 385
  9. 20
  10. 1232
  11. 432
  12. 54
  13. 50
  14. 5
  15. 5665
  16. 170
  17. 5
  18. 25
  19. 400
  20. 40
  21. 160
  22. 1980
  23. 64
  24. 2835
  25. 200
  26. 20
  27. 99
  28. 464
  29. 270
  30. 80
  31. 70
  32. 420
  33. 216
  34. 150
  35. 10
  36. 15
  37. 100
  38. 396
  39. 360
  40. 5

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