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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 198 · 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 cycle for ₹1150 and sells it for ₹870. What is the loss (in ₹)?
  2. 2.The price of a water bottle changed from ₹40 to ₹76. What is the percentage increase?
  3. 3.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1670. What is the profit (in ₹)?
  4. 4.A watch bought for ₹2800 is sold for ₹2520. What is the loss per cent?
  5. 5.What is 15% of 540?
  6. 6.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹1250. What is the profit (in ₹)?
  7. 7.The price of a bus pass changed from ₹40 to ₹4. What is the percentage decrease?
  8. 8.A cooler costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
  9. 9.What is 35% of 280?
  10. 10.What is the simple interest on ₹3100 at 4% per year for 3 years (in ₹)?
  11. 11.What is the simple interest on ₹9800 at 9% per year for 4 years (in ₹)?
  12. 12.What is 90% of 420?
  13. 13.The price of a box of mangoes changed from ₹250 to ₹325. What is the percentage increase?
  14. 14.What is the amount (principal + simple interest) on ₹9000 at 5% per year for 3 years (in ₹)?
  15. 15.A shopkeeper buys a cycle for ₹750 and sells it for ₹790. What is the profit (in ₹)?
  16. 16.A table bought for ₹2500 is sold for ₹2125. What is the loss per cent?
  17. 17.What is the amount (principal + simple interest) on ₹5000 at 12% per year for 1 year (in ₹)?
  18. 18.What is 30% of 80?
  19. 19.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1300. What is the profit (in ₹)?
  20. 20.The price of a box of mangoes changed from ₹40 to ₹36. What is the percentage decrease?
  21. 21.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1660. What is the loss (in ₹)?
  22. 22.A table costs ₹2600. It is sold at a 10% loss. What is the selling price (in ₹)?
  23. 23.A cooler bought for ₹800 is sold for ₹560. What is the loss per cent?
  24. 24.A sewing machine bought for ₹2100 is sold for ₹1260. What is the loss per cent?
  25. 25.A fan costs ₹3500. It is sold at a 40% loss. What is the selling price (in ₹)?
  26. 26.What is 80% of 40?
  27. 27.What is 10% of 200?
  28. 28.The price of a pair of shoes changed from ₹250 to ₹375. What is the percentage increase?
  29. 29.A cricket kit bought for ₹1600 is sold for ₹1440. What is the loss per cent?
  30. 30.A shopkeeper buys a cycle for ₹400 and sells it for ₹700. What is the profit (in ₹)?
  31. 31.What is the simple interest on ₹8500 at 4% per year for 5 years (in ₹)?
  32. 32.What is the simple interest on ₹4900 at 11% per year for 4 years (in ₹)?
  33. 33.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹1220. What is the profit (in ₹)?
  34. 34.A shopkeeper buys a watch for ₹2850 and sells it for ₹2910. What is the profit (in ₹)?
  35. 35.A cooler costs ₹2800. It is sold at a 12% loss. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a cooler for ₹1150 and sells it for ₹1440. What is the profit (in ₹)?
  37. 37.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹770. What is the loss (in ₹)?
  38. 38.What is 75% of 800?
  39. 39.A sewing machine bought for ₹1000 is sold for ₹900. What is the loss per cent?
  40. 40.What is the simple interest on ₹5600 at 9% per year for 3 years (in ₹)?

Answer key

  1. 280
  2. 90
  3. 70
  4. 10
  5. 81
  6. 50
  7. 90
  8. 2816
  9. 98
  10. 372
  11. 3528
  12. 378
  13. 30
  14. 10350
  15. 40
  16. 15
  17. 5600
  18. 24
  19. 50
  20. 10
  21. 90
  22. 2340
  23. 30
  24. 40
  25. 2100
  26. 32
  27. 20
  28. 50
  29. 10
  30. 300
  31. 1700
  32. 2156
  33. 270
  34. 60
  35. 2464
  36. 290
  37. 180
  38. 600
  39. 10
  40. 1512

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