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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 230 · 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 sewing machine for ₹1650 and sells it for ₹1370. What is the loss (in ₹)?
  2. 2.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹320. What is the profit (in ₹)?
  3. 3.A shopkeeper buys a fan for ₹1900 and sells it for ₹1610. What is the loss (in ₹)?
  4. 4.A cooler costs ₹2800. It is sold at a 40% profit. What is the selling price (in ₹)?
  5. 5.What is the simple interest on ₹700 at 2% per year for 1 year (in ₹)?
  6. 6.What is 65% of 280?
  7. 7.What is the simple interest on ₹4500 at 2% per year for 3 years (in ₹)?
  8. 8.What is the simple interest on ₹9200 at 2% per year for 4 years (in ₹)?
  9. 9.What is 20% of 260?
  10. 10.The price of a cricket ball changed from ₹80 to ₹112. What is the percentage increase?
  11. 11.What is 55% of 840?
  12. 12.The price of a cricket ball changed from ₹80 to ₹16. What is the percentage decrease?
  13. 13.What is 25% of 580?
  14. 14.What is the simple interest on ₹6800 at 8% per year for 3 years (in ₹)?
  15. 15.What is the simple interest on ₹4000 at 2% per year for 1 year (in ₹)?
  16. 16.The price of a pair of shoes changed from ₹100 to ₹150. What is the percentage increase?
  17. 17.A fan bought for ₹800 is sold for ₹720. What is the loss per cent?
  18. 18.What is 95% of 200?
  19. 19.What is the simple interest on ₹2800 at 8% per year for 5 years (in ₹)?
  20. 20.What is the simple interest on ₹8600 at 9% per year for 3 years (in ₹)?
  21. 21.The price of a pair of shoes changed from ₹500 to ₹510. What is the percentage increase?
  22. 22.What is the amount (principal + simple interest) on ₹4500 at 2% per year for 1 year (in ₹)?
  23. 23.What is the simple interest on ₹6000 at 11% per year for 3 years (in ₹)?
  24. 24.The price of a box of mangoes changed from ₹400 to ₹240. What is the percentage decrease?
  25. 25.A shopkeeper buys a cooler for ₹1700 and sells it for ₹1500. What is the loss (in ₹)?
  26. 26.A sewing machine bought for ₹3600 is sold for ₹5040. What is the profit per cent?
  27. 27.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹920. What is the loss (in ₹)?
  28. 28.A shopkeeper buys a watch for ₹1650 and sells it for ₹1790. What is the profit (in ₹)?
  29. 29.A cricket kit bought for ₹1000 is sold for ₹750. What is the loss per cent?
  30. 30.A fan bought for ₹200 is sold for ₹260. What is the profit per cent?
  31. 31.A watch costs ₹1500. It is sold at a 20% profit. What is the selling price (in ₹)?
  32. 32.What is the simple interest on ₹6100 at 4% per year for 4 years (in ₹)?
  33. 33.A shopkeeper buys a fan for ₹2250 and sells it for ₹2280. What is the profit (in ₹)?
  34. 34.A shopkeeper buys a watch for ₹2300 and sells it for ₹2290. What is the loss (in ₹)?
  35. 35.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1590. What is the profit (in ₹)?
  36. 36.The price of a box of mangoes changed from ₹200 to ₹180. What is the percentage decrease?
  37. 37.The price of a cricket ball changed from ₹40 to ₹32. What is the percentage decrease?
  38. 38.What is the simple interest on ₹3300 at 2% per year for 3 years (in ₹)?
  39. 39.What is 95% of 40?
  40. 40.A cycle bought for ₹3800 is sold for ₹5320. What is the profit per cent?

Answer key

  1. 280
  2. 120
  3. 290
  4. 3920
  5. 14
  6. 182
  7. 270
  8. 736
  9. 52
  10. 40
  11. 462
  12. 80
  13. 145
  14. 1632
  15. 80
  16. 50
  17. 10
  18. 190
  19. 1120
  20. 2322
  21. 2
  22. 4590
  23. 1980
  24. 40
  25. 200
  26. 40
  27. 30
  28. 140
  29. 25
  30. 30
  31. 1800
  32. 976
  33. 30
  34. 10
  35. 190
  36. 10
  37. 20
  38. 198
  39. 38
  40. 40

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