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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 23 · 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 table bought for ₹2100 is sold for ₹1890. What is the loss per cent?
  2. 2.A cycle costs ₹2100. It is sold at a 5% profit. What is the selling price (in ₹)?
  3. 3.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹970. What is the loss (in ₹)?
  4. 4.A shopkeeper buys a watch for ₹1850 and sells it for ₹2150. What is the profit (in ₹)?
  5. 5.A shopkeeper buys a cycle for ₹900 and sells it for ₹1180. What is the profit (in ₹)?
  6. 6.A shopkeeper buys a table for ₹2400 and sells it for ₹2620. What is the profit (in ₹)?
  7. 7.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1850. What is the profit (in ₹)?
  8. 8.What is the simple interest on ₹9900 at 2% per year for 2 years (in ₹)?
  9. 9.A cycle bought for ₹1900 is sold for ₹2128. What is the profit per cent?
  10. 10.What is the simple interest on ₹1800 at 10% per year for 1 year (in ₹)?
  11. 11.What is 40% of 800?
  12. 12.A fan bought for ₹1500 is sold for ₹1650. What is the profit per cent?
  13. 13.What is the amount (principal + simple interest) on ₹700 at 3% per year for 3 years (in ₹)?
  14. 14.A watch bought for ₹3700 is sold for ₹3330. What is the loss per cent?
  15. 15.A fan bought for ₹2600 is sold for ₹2288. What is the loss per cent?
  16. 16.What is 10% of 860?
  17. 17.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹990. What is the loss (in ₹)?
  18. 18.The price of a box of mangoes changed from ₹25 to ₹40. What is the percentage increase?
  19. 19.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹1240. What is the profit (in ₹)?
  20. 20.A cycle costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
  21. 21.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹690. What is the loss (in ₹)?
  22. 22.What is the simple interest on ₹5700 at 10% per year for 1 year (in ₹)?
  23. 23.A cricket kit bought for ₹3400 is sold for ₹4250. What is the profit per cent?
  24. 24.What is 75% of 540?
  25. 25.What is 40% of 920?
  26. 26.What is the simple interest on ₹1300 at 2% per year for 2 years (in ₹)?
  27. 27.What is 30% of 220?
  28. 28.What is the simple interest on ₹2500 at 7% per year for 4 years (in ₹)?
  29. 29.What is the simple interest on ₹9800 at 9% per year for 4 years (in ₹)?
  30. 30.What is the simple interest on ₹2500 at 6% per year for 1 year (in ₹)?
  31. 31.A shopkeeper buys a cooler for ₹600 and sells it for ₹500. What is the loss (in ₹)?
  32. 32.A cricket kit bought for ₹500 is sold for ₹250. What is the loss per cent?
  33. 33.What is 10% of 560?
  34. 34.What is 40% of 120?
  35. 35.A shopkeeper buys a table for ₹950 and sells it for ₹1190. What is the profit (in ₹)?
  36. 36.A fan bought for ₹900 is sold for ₹675. What is the loss per cent?
  37. 37.A shopkeeper buys a table for ₹2400 and sells it for ₹2230. What is the loss (in ₹)?
  38. 38.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2050. What is the loss (in ₹)?
  39. 39.What is 30% of 540?
  40. 40.What is 65% of 560?

Answer key

  1. 10
  2. 2205
  3. 80
  4. 300
  5. 280
  6. 220
  7. 100
  8. 396
  9. 12
  10. 180
  11. 320
  12. 10
  13. 763
  14. 10
  15. 12
  16. 86
  17. 10
  18. 60
  19. 190
  20. 1275
  21. 160
  22. 570
  23. 25
  24. 405
  25. 368
  26. 52
  27. 66
  28. 700
  29. 3528
  30. 150
  31. 100
  32. 50
  33. 56
  34. 48
  35. 240
  36. 25
  37. 170
  38. 300
  39. 162
  40. 364

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