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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 259 · 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 ₹500 to ₹600. What is the percentage increase?
  2. 2.A cooler bought for ₹2300 is sold for ₹1840. What is the loss per cent?
  3. 3.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹380. What is the profit (in ₹)?
  4. 4.What is 45% of 480?
  5. 5.A shopkeeper buys a cricket kit for ₹700 and sells it for ₹520. What is the loss (in ₹)?
  6. 6.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2940. What is the profit (in ₹)?
  7. 7.A watch costs ₹700. It is sold at a 20% loss. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹7200 at 10% per year for 3 years (in ₹)?
  9. 9.A shopkeeper buys a cycle for ₹400 and sells it for ₹670. What is the profit (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹3100 at 6% per year for 4 years (in ₹)?
  11. 11.A sewing machine costs ₹700. It is sold at a 30% loss. What is the selling price (in ₹)?
  12. 12.What is the simple interest on ₹9500 at 6% per year for 1 year (in ₹)?
  13. 13.A shopkeeper buys a table for ₹300 and sells it for ₹580. What is the profit (in ₹)?
  14. 14.A shopkeeper buys a watch for ₹2150 and sells it for ₹2400. What is the profit (in ₹)?
  15. 15.The price of a water bottle changed from ₹25 to ₹40. What is the percentage increase?
  16. 16.What is 70% of 280?
  17. 17.What is the simple interest on ₹4100 at 7% per year for 3 years (in ₹)?
  18. 18.A cricket kit bought for ₹1800 is sold for ₹1440. What is the loss per cent?
  19. 19.A sewing machine costs ₹1200. It is sold at a 15% profit. What is the selling price (in ₹)?
  20. 20.A cooler bought for ₹1900 is sold for ₹1615. What is the loss per cent?
  21. 21.The price of a school bag changed from ₹80 to ₹140. What is the percentage increase?
  22. 22.A sewing machine costs ₹3700. It is sold at a 25% loss. What is the selling price (in ₹)?
  23. 23.A table costs ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
  24. 24.What is 10% of 140?
  25. 25.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
  26. 26.A cooler bought for ₹3900 is sold for ₹2925. What is the loss per cent?
  27. 27.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2290. What is the loss (in ₹)?
  28. 28.A watch bought for ₹2900 is sold for ₹2320. What is the loss per cent?
  29. 29.What is the amount (principal + simple interest) on ₹6100 at 2% per year for 1 year (in ₹)?
  30. 30.A shopkeeper buys a cycle for ₹550 and sells it for ₹670. What is the profit (in ₹)?
  31. 31.What is 45% of 600?
  32. 32.A cooler costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a cooler for ₹2050 and sells it for ₹1830. What is the loss (in ₹)?
  34. 34.The price of a box of mangoes changed from ₹200 to ₹220. What is the percentage increase?
  35. 35.What is the simple interest on ₹5300 at 7% per year for 3 years (in ₹)?
  36. 36.What is 15% of 220?
  37. 37.What is the amount (principal + simple interest) on ₹6100 at 9% per year for 2 years (in ₹)?
  38. 38.What is 40% of 140?
  39. 39.What is 65% of 860?
  40. 40.A cricket kit bought for ₹2000 is sold for ₹1800. What is the loss per cent?

Answer key

  1. 20
  2. 20
  3. 180
  4. 216
  5. 180
  6. 290
  7. 560
  8. 2160
  9. 270
  10. 3844
  11. 490
  12. 570
  13. 280
  14. 250
  15. 60
  16. 196
  17. 861
  18. 20
  19. 1380
  20. 15
  21. 75
  22. 2775
  23. 920
  24. 14
  25. 60
  26. 25
  27. 260
  28. 20
  29. 6222
  30. 120
  31. 270
  32. 2420
  33. 220
  34. 10
  35. 1113
  36. 33
  37. 7198
  38. 56
  39. 559
  40. 10

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