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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 32 · 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 ₹600 is sold for ₹570. What is the loss per cent?
  2. 2.A mobile phone bought for ₹2900 is sold for ₹3625. What is the profit per cent?
  3. 3.The price of a pair of shoes changed from ₹40 to ₹8. What is the percentage decrease?
  4. 4.A cooler bought for ₹700 is sold for ₹616. What is the loss per cent?
  5. 5.A fan costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
  6. 6.A watch costs ₹2900. It is sold at a 20% loss. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a sewing machine for ₹2250 and sells it for ₹2260. What is the profit (in ₹)?
  8. 8.A cooler costs ₹2200. It is sold at a 5% profit. What is the selling price (in ₹)?
  9. 9.What is 5% of 580?
  10. 10.A watch costs ₹3000. It is sold at a 10% loss. What is the selling price (in ₹)?
  11. 11.A shopkeeper buys a fan for ₹750 and sells it for ₹480. What is the loss (in ₹)?
  12. 12.A shopkeeper buys a watch for ₹250 and sells it for ₹170. What is the loss (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹4800 at 4% per year for 3 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹4500 at 4% per year for 2 years (in ₹)?
  15. 15.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹780. What is the loss (in ₹)?
  16. 16.What is the simple interest on ₹700 at 2% per year for 4 years (in ₹)?
  17. 17.What is 25% of 40?
  18. 18.What is the amount (principal + simple interest) on ₹6700 at 9% per year for 5 years (in ₹)?
  19. 19.A cooler costs ₹2000. It is sold at a 40% profit. What is the selling price (in ₹)?
  20. 20.A cycle costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹7100 at 3% per year for 3 years (in ₹)?
  22. 22.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1560. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a table for ₹550 and sells it for ₹360. What is the loss (in ₹)?
  24. 24.What is 45% of 500?
  25. 25.A shopkeeper buys a cooler for ₹600 and sells it for ₹380. What is the loss (in ₹)?
  26. 26.What is 15% of 580?
  27. 27.The price of a school bag changed from ₹50 to ₹49. What is the percentage decrease?
  28. 28.A cooler bought for ₹1200 is sold for ₹1500. What is the profit per cent?
  29. 29.The price of a water bottle changed from ₹100 to ₹180. What is the percentage increase?
  30. 30.A cricket kit costs ₹3100. It is sold at a 15% profit. What is the selling price (in ₹)?
  31. 31.What is 30% of 60?
  32. 32.What is the amount (principal + simple interest) on ₹3900 at 11% per year for 3 years (in ₹)?
  33. 33.A mobile phone bought for ₹2700 is sold for ₹2160. What is the loss per cent?
  34. 34.What is the amount (principal + simple interest) on ₹2800 at 3% per year for 2 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹6200 at 9% per year for 1 year (in ₹)?
  36. 36.What is the simple interest on ₹800 at 5% per year for 3 years (in ₹)?
  37. 37.What is 45% of 80?
  38. 38.What is 40% of 380?
  39. 39.A shopkeeper buys a table for ₹650 and sells it for ₹420. What is the loss (in ₹)?
  40. 40.A shopkeeper buys a fan for ₹2400 and sells it for ₹2360. What is the loss (in ₹)?

Answer key

  1. 5
  2. 25
  3. 80
  4. 12
  5. 2310
  6. 2320
  7. 10
  8. 2310
  9. 29
  10. 2700
  11. 270
  12. 80
  13. 5376
  14. 4860
  15. 20
  16. 56
  17. 10
  18. 9715
  19. 2800
  20. 4030
  21. 7739
  22. 210
  23. 190
  24. 225
  25. 220
  26. 87
  27. 2
  28. 25
  29. 80
  30. 3565
  31. 18
  32. 5187
  33. 20
  34. 2968
  35. 6758
  36. 120
  37. 36
  38. 152
  39. 230
  40. 40

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