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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 240 · 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.The price of a cricket ball changed from ₹200 to ₹100. What is the percentage decrease?
  2. 2.What is 35% of 820?
  3. 3.A shopkeeper buys a cycle for ₹300 and sells it for ₹570. What is the profit (in ₹)?
  4. 4.The price of a pair of shoes changed from ₹80 to ₹60. What is the percentage decrease?
  5. 5.A shopkeeper buys a table for ₹3000 and sells it for ₹2710. What is the loss (in ₹)?
  6. 6.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1870. What is the profit (in ₹)?
  7. 7.A cooler bought for ₹1700 is sold for ₹1870. What is the profit per cent?
  8. 8.What is 15% of 760?
  9. 9.A fan bought for ₹800 is sold for ₹920. What is the profit per cent?
  10. 10.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1200. What is the profit (in ₹)?
  11. 11.A table bought for ₹700 is sold for ₹420. What is the loss per cent?
  12. 12.What is 15% of 100?
  13. 13.What is 25% of 220?
  14. 14.What is 55% of 40?
  15. 15.What is the simple interest on ₹900 at 9% per year for 2 years (in ₹)?
  16. 16.What is 30% of 240?
  17. 17.A shopkeeper buys a watch for ₹1200 and sells it for ₹990. What is the loss (in ₹)?
  18. 18.What is the simple interest on ₹1300 at 10% per year for 1 year (in ₹)?
  19. 19.The price of a school bag changed from ₹20 to ₹12. What is the percentage decrease?
  20. 20.A cycle costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹7800 at 10% per year for 5 years (in ₹)?
  22. 22.The price of a water bottle changed from ₹80 to ₹40. What is the percentage decrease?
  23. 23.A shopkeeper buys a watch for ₹2200 and sells it for ₹1940. What is the loss (in ₹)?
  24. 24.What is the simple interest on ₹8100 at 4% per year for 4 years (in ₹)?
  25. 25.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹110. What is the loss (in ₹)?
  26. 26.A cricket kit bought for ₹2200 is sold for ₹2420. What is the profit per cent?
  27. 27.A shopkeeper buys a fan for ₹650 and sells it for ₹590. What is the loss (in ₹)?
  28. 28.The price of a cricket ball changed from ₹500 to ₹900. What is the percentage increase?
  29. 29.What is the simple interest on ₹3100 at 5% per year for 3 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹1200 at 11% per year for 4 years (in ₹)?
  31. 31.What is the simple interest on ₹4900 at 7% per year for 2 years (in ₹)?
  32. 32.A shopkeeper buys a cooler for ₹500 and sells it for ₹700. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a fan for ₹700 and sells it for ₹530. What is the loss (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹6400 at 2% per year for 2 years (in ₹)?
  35. 35.A cooler costs ₹1600. It is sold at a 40% loss. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹2200 at 5% per year for 3 years (in ₹)?
  37. 37.A sewing machine costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
  38. 38.A table costs ₹3800. It is sold at a 30% profit. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹3300 at 4% per year for 2 years (in ₹)?
  40. 40.A fan costs ₹1400. It is sold at a 15% loss. What is the selling price (in ₹)?

Answer key

  1. 50
  2. 287
  3. 270
  4. 25
  5. 290
  6. 120
  7. 10
  8. 114
  9. 15
  10. 100
  11. 40
  12. 15
  13. 55
  14. 22
  15. 162
  16. 72
  17. 210
  18. 130
  19. 40
  20. 3570
  21. 11700
  22. 50
  23. 260
  24. 1296
  25. 190
  26. 10
  27. 60
  28. 80
  29. 465
  30. 1728
  31. 686
  32. 200
  33. 170
  34. 6656
  35. 960
  36. 2530
  37. 1260
  38. 4940
  39. 3564
  40. 1190

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