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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 246 · 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 40% of 180?
  2. 2.A shopkeeper buys a table for ₹2700 and sells it for ₹2650. What is the loss (in ₹)?
  3. 3.A fan costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
  4. 4.A cooler bought for ₹1600 is sold for ₹1360. What is the loss per cent?
  5. 5.The price of a bus pass changed from ₹50 to ₹95. What is the percentage increase?
  6. 6.A cycle bought for ₹2900 is sold for ₹1450. What is the loss per cent?
  7. 7.The price of a school bag changed from ₹500 to ₹125. What is the percentage decrease?
  8. 8.A mobile phone bought for ₹600 is sold for ₹510. What is the loss per cent?
  9. 9.What is the simple interest on ₹9200 at 4% per year for 2 years (in ₹)?
  10. 10.What is 55% of 640?
  11. 11.What is the simple interest on ₹2200 at 10% per year for 5 years (in ₹)?
  12. 12.What is the simple interest on ₹8500 at 3% per year for 2 years (in ₹)?
  13. 13.A cycle costs ₹1200. It is sold at a 50% profit. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a cooler for ₹1350 and sells it for ₹1460. What is the profit (in ₹)?
  15. 15.What is the simple interest on ₹1000 at 8% per year for 1 year (in ₹)?
  16. 16.A mobile phone bought for ₹2200 is sold for ₹2464. What is the profit per cent?
  17. 17.The price of a pair of shoes changed from ₹80 to ₹88. What is the percentage increase?
  18. 18.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹900. What is the profit (in ₹)?
  19. 19.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1310. What is the profit (in ₹)?
  20. 20.A shopkeeper buys a sewing machine for ₹2700 and sells it for ₹2680. What is the loss (in ₹)?
  21. 21.A watch costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a cooler for ₹2000 and sells it for ₹1710. What is the loss (in ₹)?
  23. 23.The price of a box of mangoes changed from ₹80 to ₹56. What is the percentage decrease?
  24. 24.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹1080. What is the profit (in ₹)?
  25. 25.A shopkeeper buys a table for ₹1550 and sells it for ₹1700. What is the profit (in ₹)?
  26. 26.The price of a school bag changed from ₹50 to ₹30. What is the percentage decrease?
  27. 27.What is 15% of 140?
  28. 28.What is 80% of 280?
  29. 29.The price of a pair of shoes changed from ₹100 to ₹50. What is the percentage decrease?
  30. 30.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
  31. 31.What is the amount (principal + simple interest) on ₹2800 at 3% per year for 2 years (in ₹)?
  32. 32.A shopkeeper buys a cycle for ₹200 and sells it for ₹190. What is the loss (in ₹)?
  33. 33.The price of a cricket ball changed from ₹80 to ₹8. What is the percentage decrease?
  34. 34.What is the amount (principal + simple interest) on ₹4800 at 6% per year for 2 years (in ₹)?
  35. 35.A table bought for ₹3900 is sold for ₹4290. What is the profit per cent?
  36. 36.What is the simple interest on ₹1900 at 7% per year for 2 years (in ₹)?
  37. 37.A mobile phone costs ₹1200. It is sold at a 40% loss. What is the selling price (in ₹)?
  38. 38.A sewing machine bought for ₹1400 is sold for ₹980. What is the loss per cent?
  39. 39.A cricket kit bought for ₹3400 is sold for ₹3230. What is the loss per cent?
  40. 40.A shopkeeper buys a fan for ₹550 and sells it for ₹680. What is the profit (in ₹)?

Answer key

  1. 72
  2. 50
  3. 840
  4. 15
  5. 90
  6. 50
  7. 75
  8. 15
  9. 736
  10. 352
  11. 1100
  12. 510
  13. 1800
  14. 110
  15. 80
  16. 12
  17. 10
  18. 300
  19. 60
  20. 20
  21. 225
  22. 290
  23. 30
  24. 230
  25. 150
  26. 40
  27. 21
  28. 224
  29. 50
  30. 30
  31. 2968
  32. 10
  33. 90
  34. 5376
  35. 10
  36. 266
  37. 720
  38. 30
  39. 5
  40. 130

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