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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 299 · 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 fan bought for ₹3100 is sold for ₹2170. What is the loss per cent?
  2. 2.A cycle costs ₹4000. It is sold at a 20% loss. What is the selling price (in ₹)?
  3. 3.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1750. What is the profit (in ₹)?
  4. 4.A sewing machine bought for ₹1200 is sold for ₹1500. What is the profit per cent?
  5. 5.What is 20% of 1000?
  6. 6.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹310. What is the loss (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹9000 at 11% per year for 2 years (in ₹)?
  8. 8.A shopkeeper buys a watch for ₹550 and sells it for ₹780. What is the profit (in ₹)?
  9. 9.A table costs ₹800. It is sold at a 25% loss. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a table for ₹450 and sells it for ₹610. What is the profit (in ₹)?
  11. 11.What is 35% of 680?
  12. 12.A cooler bought for ₹3400 is sold for ₹3808. What is the profit per cent?
  13. 13.A shopkeeper buys a watch for ₹1300 and sells it for ₹1310. What is the profit (in ₹)?
  14. 14.The price of a pair of shoes changed from ₹400 to ₹500. What is the percentage increase?
  15. 15.The price of a cricket ball changed from ₹80 to ₹8. What is the percentage decrease?
  16. 16.The price of a pair of shoes changed from ₹100 to ₹98. What is the percentage decrease?
  17. 17.A mobile phone bought for ₹3100 is sold for ₹2170. What is the loss per cent?
  18. 18.What is the amount (principal + simple interest) on ₹3500 at 2% per year for 3 years (in ₹)?
  19. 19.A fan bought for ₹1300 is sold for ₹650. What is the loss per cent?
  20. 20.What is the simple interest on ₹3400 at 10% per year for 2 years (in ₹)?
  21. 21.A table bought for ₹3500 is sold for ₹5250. What is the profit per cent?
  22. 22.A shopkeeper buys a watch for ₹1750 and sells it for ₹1450. What is the loss (in ₹)?
  23. 23.What is the simple interest on ₹7800 at 2% per year for 5 years (in ₹)?
  24. 24.The price of a water bottle changed from ₹50 to ₹90. What is the percentage increase?
  25. 25.What is the amount (principal + simple interest) on ₹10000 at 4% per year for 1 year (in ₹)?
  26. 26.What is 10% of 900?
  27. 27.What is the amount (principal + simple interest) on ₹2900 at 5% per year for 4 years (in ₹)?
  28. 28.The price of a cricket ball changed from ₹50 to ₹65. What is the percentage increase?
  29. 29.The price of a school bag changed from ₹80 to ₹104. What is the percentage increase?
  30. 30.A mobile phone bought for ₹2400 is sold for ₹2688. What is the profit per cent?
  31. 31.What is 15% of 480?
  32. 32.A shopkeeper buys a cooler for ₹1950 and sells it for ₹1910. What is the loss (in ₹)?
  33. 33.What is the simple interest on ₹10000 at 3% per year for 5 years (in ₹)?
  34. 34.What is 45% of 360?
  35. 35.A cricket kit bought for ₹500 is sold for ₹560. What is the profit per cent?
  36. 36.What is 60% of 960?
  37. 37.What is the simple interest on ₹800 at 5% per year for 5 years (in ₹)?
  38. 38.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹750. What is the profit (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹7400 at 5% per year for 2 years (in ₹)?
  40. 40.A sewing machine bought for ₹2800 is sold for ₹2660. What is the loss per cent?

Answer key

  1. 30
  2. 3200
  3. 300
  4. 25
  5. 200
  6. 40
  7. 10980
  8. 230
  9. 600
  10. 160
  11. 238
  12. 12
  13. 10
  14. 25
  15. 90
  16. 2
  17. 30
  18. 3710
  19. 50
  20. 680
  21. 50
  22. 300
  23. 780
  24. 80
  25. 10400
  26. 90
  27. 3480
  28. 30
  29. 30
  30. 12
  31. 72
  32. 40
  33. 1500
  34. 162
  35. 12
  36. 576
  37. 200
  38. 300
  39. 8140
  40. 5

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