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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 242 · 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.What is 65% of 500?
  2. 2.A cricket kit bought for ₹2200 is sold for ₹1980. What is the loss per cent?
  3. 3.The price of a box of mangoes changed from ₹400 to ₹380. What is the percentage decrease?
  4. 4.A shopkeeper buys a fan for ₹1100 and sells it for ₹1010. What is the loss (in ₹)?
  5. 5.A shopkeeper buys a fan for ₹1200 and sells it for ₹980. What is the loss (in ₹)?
  6. 6.What is the simple interest on ₹6100 at 8% per year for 3 years (in ₹)?
  7. 7.What is 90% of 800?
  8. 8.A cooler costs ₹2700. It is sold at a 12% loss. What is the selling price (in ₹)?
  9. 9.A mobile phone bought for ₹200 is sold for ₹224. What is the profit per cent?
  10. 10.What is the simple interest on ₹9900 at 4% per year for 2 years (in ₹)?
  11. 11.A shopkeeper buys a fan for ₹2700 and sells it for ₹2540. What is the loss (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹2300 at 3% per year for 3 years (in ₹)?
  13. 13.A table costs ₹1900. It is sold at a 15% loss. What is the selling price (in ₹)?
  14. 14.A cycle bought for ₹3800 is sold for ₹2280. What is the loss per cent?
  15. 15.A cooler bought for ₹1800 is sold for ₹1260. What is the loss per cent?
  16. 16.A cricket kit bought for ₹1400 is sold for ₹1680. What is the profit per cent?
  17. 17.What is the amount (principal + simple interest) on ₹7500 at 11% per year for 2 years (in ₹)?
  18. 18.What is 15% of 580?
  19. 19.What is the simple interest on ₹8600 at 11% per year for 4 years (in ₹)?
  20. 20.A cycle bought for ₹1200 is sold for ₹720. What is the loss per cent?
  21. 21.What is the simple interest on ₹9500 at 2% per year for 1 year (in ₹)?
  22. 22.A shopkeeper buys a mobile phone for ₹350 and sells it for ₹260. What is the loss (in ₹)?
  23. 23.What is 55% of 780?
  24. 24.What is 95% of 240?
  25. 25.The price of a water bottle changed from ₹200 to ₹160. What is the percentage decrease?
  26. 26.What is 25% of 560?
  27. 27.A watch bought for ₹1600 is sold for ₹1440. What is the loss per cent?
  28. 28.What is the simple interest on ₹4400 at 4% per year for 5 years (in ₹)?
  29. 29.A cooler bought for ₹2900 is sold for ₹2552. What is the loss per cent?
  30. 30.The price of a school bag changed from ₹20 to ₹21. What is the percentage increase?
  31. 31.The price of a water bottle changed from ₹50 to ₹60. What is the percentage increase?
  32. 32.What is the amount (principal + simple interest) on ₹1000 at 3% per year for 3 years (in ₹)?
  33. 33.A cycle costs ₹1100. It is sold at a 40% profit. What is the selling price (in ₹)?
  34. 34.What is the simple interest on ₹6400 at 6% per year for 5 years (in ₹)?
  35. 35.A fan costs ₹1200. It is sold at a 12% loss. What is the selling price (in ₹)?
  36. 36.A cycle bought for ₹3100 is sold for ₹2945. What is the loss per cent?
  37. 37.A cooler costs ₹2800. It is sold at a 30% profit. What is the selling price (in ₹)?
  38. 38.What is 10% of 920?
  39. 39.A shopkeeper buys a watch for ₹1700 and sells it for ₹1620. What is the loss (in ₹)?
  40. 40.A shopkeeper buys a table for ₹200 and sells it for ₹330. What is the profit (in ₹)?

Answer key

  1. 325
  2. 10
  3. 5
  4. 90
  5. 220
  6. 1464
  7. 720
  8. 2376
  9. 12
  10. 792
  11. 160
  12. 2507
  13. 1615
  14. 40
  15. 30
  16. 20
  17. 9150
  18. 87
  19. 3784
  20. 40
  21. 190
  22. 90
  23. 429
  24. 228
  25. 20
  26. 140
  27. 10
  28. 880
  29. 12
  30. 5
  31. 20
  32. 1090
  33. 1540
  34. 1920
  35. 1056
  36. 5
  37. 3640
  38. 92
  39. 80
  40. 130

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