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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 260 · 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.A cycle bought for ₹1100 is sold for ₹1232. What is the profit per cent?
  2. 2.A shopkeeper buys a table for ₹2250 and sells it for ₹2040. What is the loss (in ₹)?
  3. 3.The price of a water bottle changed from ₹25 to ₹15. What is the percentage decrease?
  4. 4.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2290. What is the loss (in ₹)?
  5. 5.What is 45% of 460?
  6. 6.What is the simple interest on ₹5000 at 7% per year for 4 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹500 at 7% per year for 3 years (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹8900 at 8% per year for 1 year (in ₹)?
  9. 9.A cricket kit costs ₹1600. It is sold at a 5% loss. What is the selling price (in ₹)?
  10. 10.The price of a bus pass changed from ₹40 to ₹42. What is the percentage increase?
  11. 11.A cycle bought for ₹2800 is sold for ₹2660. What is the loss per cent?
  12. 12.A shopkeeper buys a fan for ₹2300 and sells it for ₹2270. What is the loss (in ₹)?
  13. 13.A mobile phone costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
  14. 14.A mobile phone costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹5800 at 8% per year for 2 years (in ₹)?
  16. 16.What is 45% of 800?
  17. 17.What is 80% of 660?
  18. 18.What is 70% of 680?
  19. 19.What is the amount (principal + simple interest) on ₹5700 at 8% per year for 5 years (in ₹)?
  20. 20.What is the simple interest on ₹9400 at 4% per year for 2 years (in ₹)?
  21. 21.A table costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
  22. 22.What is the simple interest on ₹7400 at 4% per year for 3 years (in ₹)?
  23. 23.A watch costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
  24. 24.What is the simple interest on ₹700 at 6% per year for 2 years (in ₹)?
  25. 25.The price of a pair of shoes changed from ₹500 to ₹250. What is the percentage decrease?
  26. 26.A table costs ₹1700. It is sold at a 5% loss. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹8200 at 5% per year for 4 years (in ₹)?
  28. 28.A cricket kit bought for ₹2200 is sold for ₹2530. What is the profit per cent?
  29. 29.What is 10% of 760?
  30. 30.What is 80% of 520?
  31. 31.A shopkeeper buys a cycle for ₹700 and sells it for ₹820. What is the profit (in ₹)?
  32. 32.What is 5% of 720?
  33. 33.What is 20% of 240?
  34. 34.What is the amount (principal + simple interest) on ₹7500 at 3% per year for 1 year (in ₹)?
  35. 35.A sewing machine costs ₹700. It is sold at a 12% profit. What is the selling price (in ₹)?
  36. 36.A cycle bought for ₹500 is sold for ₹475. What is the loss per cent?
  37. 37.A shopkeeper buys a table for ₹2250 and sells it for ₹2290. What is the profit (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹2200 at 12% per year for 5 years (in ₹)?
  39. 39.What is 25% of 780?
  40. 40.What is 5% of 420?

Answer key

  1. 12
  2. 210
  3. 40
  4. 10
  5. 207
  6. 1400
  7. 605
  8. 9612
  9. 1520
  10. 5
  11. 5
  12. 30
  13. 855
  14. 630
  15. 6728
  16. 360
  17. 528
  18. 476
  19. 7980
  20. 752
  21. 2730
  22. 888
  23. 448
  24. 84
  25. 50
  26. 1615
  27. 1640
  28. 15
  29. 76
  30. 416
  31. 120
  32. 36
  33. 48
  34. 7725
  35. 784
  36. 5
  37. 40
  38. 3520
  39. 195
  40. 21

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