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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 253 · 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 10% of 860?
  2. 2.A cricket kit bought for ₹200 is sold for ₹250. What is the profit per cent?
  3. 3.A shopkeeper buys a table for ₹2250 and sells it for ₹2030. What is the loss (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹9700 at 2% per year for 3 years (in ₹)?
  5. 5.A watch bought for ₹3600 is sold for ₹2700. What is the loss per cent?
  6. 6.A shopkeeper buys a watch for ₹900 and sells it for ₹1170. What is the profit (in ₹)?
  7. 7.What is 70% of 100?
  8. 8.The price of a school bag changed from ₹20 to ₹10. What is the percentage decrease?
  9. 9.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1970. What is the profit (in ₹)?
  10. 10.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1690. What is the profit (in ₹)?
  11. 11.What is the simple interest on ₹5600 at 3% per year for 5 years (in ₹)?
  12. 12.What is the simple interest on ₹6100 at 7% per year for 5 years (in ₹)?
  13. 13.A table bought for ₹2600 is sold for ₹2340. What is the loss per cent?
  14. 14.A watch bought for ₹1500 is sold for ₹1725. What is the profit per cent?
  15. 15.A shopkeeper buys a table for ₹1750 and sells it for ₹1870. What is the profit (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹9600 at 8% per year for 5 years (in ₹)?
  17. 17.The price of a cricket ball changed from ₹80 to ₹64. What is the percentage decrease?
  18. 18.What is the amount (principal + simple interest) on ₹6400 at 3% per year for 3 years (in ₹)?
  19. 19.What is 85% of 180?
  20. 20.What is the simple interest on ₹7900 at 7% per year for 2 years (in ₹)?
  21. 21.A shopkeeper buys a cycle for ₹400 and sells it for ₹590. What is the profit (in ₹)?
  22. 22.What is 70% of 40?
  23. 23.A mobile phone bought for ₹1100 is sold for ₹1265. What is the profit per cent?
  24. 24.A shopkeeper buys a fan for ₹2000 and sells it for ₹2050. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹3900 at 7% per year for 5 years (in ₹)?
  26. 26.A cooler bought for ₹2300 is sold for ₹2990. What is the profit per cent?
  27. 27.The price of a cricket ball changed from ₹100 to ₹190. What is the percentage increase?
  28. 28.A shopkeeper buys a fan for ₹2350 and sells it for ₹2260. What is the loss (in ₹)?
  29. 29.A shopkeeper buys a fan for ₹1350 and sells it for ₹1190. What is the loss (in ₹)?
  30. 30.What is the simple interest on ₹6500 at 8% per year for 4 years (in ₹)?
  31. 31.What is the simple interest on ₹6200 at 6% per year for 2 years (in ₹)?
  32. 32.A fan costs ₹2700. It is sold at a 25% profit. What is the selling price (in ₹)?
  33. 33.The price of a pair of shoes changed from ₹80 to ₹56. What is the percentage decrease?
  34. 34.The price of a bus pass changed from ₹25 to ₹5. What is the percentage decrease?
  35. 35.What is the simple interest on ₹1900 at 12% per year for 4 years (in ₹)?
  36. 36.What is the simple interest on ₹1500 at 12% per year for 3 years (in ₹)?
  37. 37.What is 55% of 400?
  38. 38.What is 40% of 580?
  39. 39.What is 65% of 80?
  40. 40.A watch costs ₹3300. It is sold at a 12% loss. What is the selling price (in ₹)?

Answer key

  1. 86
  2. 25
  3. 220
  4. 10282
  5. 25
  6. 270
  7. 70
  8. 50
  9. 70
  10. 190
  11. 840
  12. 2135
  13. 10
  14. 15
  15. 120
  16. 13440
  17. 20
  18. 6976
  19. 153
  20. 1106
  21. 190
  22. 28
  23. 15
  24. 50
  25. 5265
  26. 30
  27. 90
  28. 90
  29. 160
  30. 2080
  31. 744
  32. 3375
  33. 30
  34. 80
  35. 912
  36. 540
  37. 220
  38. 232
  39. 52
  40. 2904

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