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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 308 · 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 25% of 220?
  2. 2.The price of a water bottle changed from ₹250 to ₹150. What is the percentage decrease?
  3. 3.A fan bought for ₹1000 is sold for ₹600. What is the loss per cent?
  4. 4.What is 35% of 240?
  5. 5.A shopkeeper buys a table for ₹1200 and sells it for ₹1230. What is the profit (in ₹)?
  6. 6.What is the simple interest on ₹5400 at 8% per year for 5 years (in ₹)?
  7. 7.The price of a pair of shoes changed from ₹250 to ₹325. What is the percentage increase?
  8. 8.A shopkeeper buys a cycle for ₹2750 and sells it for ₹2540. What is the loss (in ₹)?
  9. 9.What is the simple interest on ₹1100 at 10% per year for 3 years (in ₹)?
  10. 10.A shopkeeper buys a cycle for ₹750 and sells it for ₹670. What is the loss (in ₹)?
  11. 11.A sewing machine costs ₹1500. It is sold at a 50% profit. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a watch for ₹2300 and sells it for ₹2400. What is the profit (in ₹)?
  13. 13.The price of a cricket ball changed from ₹50 to ₹55. What is the percentage increase?
  14. 14.What is the amount (principal + simple interest) on ₹4300 at 3% per year for 1 year (in ₹)?
  15. 15.A mobile phone bought for ₹2000 is sold for ₹2800. What is the profit per cent?
  16. 16.A cooler costs ₹1100. It is sold at a 20% loss. What is the selling price (in ₹)?
  17. 17.A watch bought for ₹1400 is sold for ₹1568. What is the profit per cent?
  18. 18.A cooler costs ₹1200. It is sold at a 40% profit. What is the selling price (in ₹)?
  19. 19.A watch bought for ₹2200 is sold for ₹2860. What is the profit per cent?
  20. 20.A table bought for ₹2500 is sold for ₹2750. What is the profit per cent?
  21. 21.A fan bought for ₹600 is sold for ₹780. What is the profit per cent?
  22. 22.A cycle costs ₹3800. It is sold at a 15% profit. What is the selling price (in ₹)?
  23. 23.What is the simple interest on ₹4100 at 4% per year for 2 years (in ₹)?
  24. 24.A sewing machine bought for ₹700 is sold for ₹784. What is the profit per cent?
  25. 25.What is 80% of 240?
  26. 26.What is the simple interest on ₹2900 at 5% per year for 1 year (in ₹)?
  27. 27.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?
  28. 28.A shopkeeper buys a watch for ₹2950 and sells it for ₹3130. What is the profit (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹800 at 9% per year for 1 year (in ₹)?
  30. 30.What is 65% of 40?
  31. 31.The price of a cricket ball changed from ₹200 to ₹204. What is the percentage increase?
  32. 32.What is 25% of 800?
  33. 33.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1240. What is the profit (in ₹)?
  34. 34.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹160. What is the loss (in ₹)?
  35. 35.The price of a pair of shoes changed from ₹40 to ₹20. What is the percentage decrease?
  36. 36.A shopkeeper buys a sewing machine for ₹2450 and sells it for ₹2440. What is the loss (in ₹)?
  37. 37.What is 90% of 960?
  38. 38.The price of a cricket ball changed from ₹100 to ₹70. What is the percentage decrease?
  39. 39.The price of a cricket ball changed from ₹200 to ₹360. What is the percentage increase?
  40. 40.What is the simple interest on ₹900 at 7% per year for 2 years (in ₹)?

Answer key

  1. 55
  2. 40
  3. 40
  4. 84
  5. 30
  6. 2160
  7. 30
  8. 210
  9. 330
  10. 80
  11. 2250
  12. 100
  13. 10
  14. 4429
  15. 40
  16. 880
  17. 12
  18. 1680
  19. 30
  20. 10
  21. 30
  22. 4370
  23. 328
  24. 12
  25. 192
  26. 145
  27. 90
  28. 180
  29. 872
  30. 26
  31. 2
  32. 200
  33. 240
  34. 140
  35. 50
  36. 10
  37. 864
  38. 30
  39. 80
  40. 126

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