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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 297 · 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 the simple interest on ₹1800 at 2% per year for 1 year (in ₹)?
  2. 2.A mobile phone bought for ₹1900 is sold for ₹2185. What is the profit per cent?
  3. 3.What is 55% of 200?
  4. 4.What is 55% of 440?
  5. 5.A shopkeeper buys a watch for ₹700 and sells it for ₹810. What is the profit (in ₹)?
  6. 6.The price of a water bottle changed from ₹20 to ₹18. What is the percentage decrease?
  7. 7.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1650. What is the profit (in ₹)?
  8. 8.What is the simple interest on ₹8200 at 10% per year for 4 years (in ₹)?
  9. 9.The price of a box of mangoes changed from ₹250 to ₹275. What is the percentage increase?
  10. 10.A shopkeeper buys a fan for ₹800 and sells it for ₹600. What is the loss (in ₹)?
  11. 11.A cricket kit costs ₹3700. It is sold at a 40% profit. What is the selling price (in ₹)?
  12. 12.What is 10% of 300?
  13. 13.What is the simple interest on ₹2100 at 6% per year for 5 years (in ₹)?
  14. 14.A table costs ₹3000. It is sold at a 10% profit. What is the selling price (in ₹)?
  15. 15.What is 25% of 260?
  16. 16.A shopkeeper buys a table for ₹900 and sells it for ₹890. What is the loss (in ₹)?
  17. 17.What is the simple interest on ₹2100 at 8% per year for 4 years (in ₹)?
  18. 18.A table bought for ₹200 is sold for ₹140. What is the loss per cent?
  19. 19.A watch costs ₹4000. It is sold at a 25% loss. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1330. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹640. What is the profit (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹4200 at 5% per year for 4 years (in ₹)?
  23. 23.A cycle costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
  24. 24.A sewing machine costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
  25. 25.What is the simple interest on ₹1000 at 8% per year for 5 years (in ₹)?
  26. 26.A cooler bought for ₹900 is sold for ₹990. What is the profit per cent?
  27. 27.What is 85% of 700?
  28. 28.A cooler bought for ₹3700 is sold for ₹2775. What is the loss per cent?
  29. 29.What is the amount (principal + simple interest) on ₹1100 at 11% per year for 1 year (in ₹)?
  30. 30.The price of a school bag changed from ₹200 to ₹190. What is the percentage decrease?
  31. 31.The price of a water bottle changed from ₹20 to ₹26. What is the percentage increase?
  32. 32.A shopkeeper buys a watch for ₹1000 and sells it for ₹850. What is the loss (in ₹)?
  33. 33.A shopkeeper buys a fan for ₹1350 and sells it for ₹1510. What is the profit (in ₹)?
  34. 34.The price of a school bag changed from ₹500 to ₹475. What is the percentage decrease?
  35. 35.A shopkeeper buys a watch for ₹300 and sells it for ₹150. What is the loss (in ₹)?
  36. 36.A shopkeeper buys a table for ₹2000 and sells it for ₹1860. What is the loss (in ₹)?
  37. 37.What is the simple interest on ₹6300 at 7% per year for 1 year (in ₹)?
  38. 38.The price of a water bottle changed from ₹50 to ₹30. What is the percentage decrease?
  39. 39.What is the amount (principal + simple interest) on ₹6600 at 9% per year for 2 years (in ₹)?
  40. 40.The price of a box of mangoes changed from ₹250 to ₹350. What is the percentage increase?

Answer key

  1. 36
  2. 15
  3. 110
  4. 242
  5. 110
  6. 10
  7. 300
  8. 3280
  9. 10
  10. 200
  11. 5180
  12. 30
  13. 630
  14. 3300
  15. 65
  16. 10
  17. 672
  18. 30
  19. 3000
  20. 20
  21. 290
  22. 5040
  23. 1584
  24. 2000
  25. 400
  26. 10
  27. 595
  28. 25
  29. 1221
  30. 5
  31. 30
  32. 150
  33. 160
  34. 5
  35. 150
  36. 140
  37. 441
  38. 40
  39. 7788
  40. 40

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