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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 207 · 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 ₹2900 is sold for ₹3045. What is the profit per cent?
  2. 2.A shopkeeper buys a fan for ₹900 and sells it for ₹910. What is the profit (in ₹)?
  3. 3.A shopkeeper buys a cooler for ₹2800 and sells it for ₹2940. What is the profit (in ₹)?
  4. 4.A sewing machine costs ₹1900. It is sold at a 20% loss. What is the selling price (in ₹)?
  5. 5.A mobile phone costs ₹2000. It is sold at a 5% profit. What is the selling price (in ₹)?
  6. 6.The price of a cricket ball changed from ₹50 to ₹49. What is the percentage decrease?
  7. 7.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹2810. What is the loss (in ₹)?
  8. 8.A shopkeeper buys a sewing machine for ₹2850 and sells it for ₹3010. What is the profit (in ₹)?
  9. 9.A watch bought for ₹2800 is sold for ₹1960. What is the loss per cent?
  10. 10.What is the amount (principal + simple interest) on ₹8000 at 2% per year for 2 years (in ₹)?
  11. 11.What is 60% of 680?
  12. 12.What is 25% of 440?
  13. 13.What is the amount (principal + simple interest) on ₹2300 at 2% per year for 5 years (in ₹)?
  14. 14.What is the simple interest on ₹7600 at 9% per year for 1 year (in ₹)?
  15. 15.What is 20% of 200?
  16. 16.A cooler bought for ₹2800 is sold for ₹4200. What is the profit per cent?
  17. 17.What is 80% of 540?
  18. 18.A cycle bought for ₹3800 is sold for ₹2280. What is the loss per cent?
  19. 19.A sewing machine costs ₹1900. It is sold at a 10% profit. What is the selling price (in ₹)?
  20. 20.A fan costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
  21. 21.What is the simple interest on ₹700 at 9% per year for 2 years (in ₹)?
  22. 22.What is 45% of 440?
  23. 23.The price of a water bottle changed from ₹40 to ₹70. What is the percentage increase?
  24. 24.A sewing machine bought for ₹2000 is sold for ₹1800. What is the loss per cent?
  25. 25.What is 30% of 40?
  26. 26.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1670. What is the profit (in ₹)?
  27. 27.A cycle bought for ₹4000 is sold for ₹5600. What is the profit per cent?
  28. 28.The price of a pair of shoes changed from ₹250 to ₹275. What is the percentage increase?
  29. 29.The price of a school bag changed from ₹100 to ₹95. What is the percentage decrease?
  30. 30.What is the simple interest on ₹1700 at 9% per year for 1 year (in ₹)?
  31. 31.The price of a box of mangoes changed from ₹400 to ₹500. What is the percentage increase?
  32. 32.What is the simple interest on ₹7500 at 9% per year for 4 years (in ₹)?
  33. 33.A cricket kit costs ₹1200. It is sold at a 10% loss. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹2600 at 2% per year for 1 year (in ₹)?
  35. 35.What is 10% of 660?
  36. 36.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹1220. What is the profit (in ₹)?
  37. 37.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1920. What is the profit (in ₹)?
  38. 38.What is 5% of 100?
  39. 39.A mobile phone bought for ₹800 is sold for ₹600. What is the loss per cent?
  40. 40.The price of a pair of shoes changed from ₹200 to ₹20. What is the percentage decrease?

Answer key

  1. 5
  2. 10
  3. 140
  4. 1520
  5. 2100
  6. 2
  7. 40
  8. 160
  9. 30
  10. 8320
  11. 408
  12. 110
  13. 2530
  14. 684
  15. 40
  16. 50
  17. 432
  18. 40
  19. 2090
  20. 1050
  21. 126
  22. 198
  23. 75
  24. 10
  25. 12
  26. 70
  27. 40
  28. 10
  29. 5
  30. 153
  31. 25
  32. 2700
  33. 1080
  34. 2652
  35. 66
  36. 120
  37. 270
  38. 5
  39. 25
  40. 90

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