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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 331 · 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 watch costs ₹3900. It is sold at a 50% loss. What is the selling price (in ₹)?
  2. 2.A fan bought for ₹1200 is sold for ₹1140. What is the loss per cent?
  3. 3.A cycle bought for ₹3300 is sold for ₹3630. What is the profit per cent?
  4. 4.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹600. What is the loss (in ₹)?
  5. 5.A shopkeeper buys a cricket kit for ₹1300 and sells it for ₹1170. What is the loss (in ₹)?
  6. 6.The price of a pair of shoes changed from ₹40 to ₹60. What is the percentage increase?
  7. 7.What is the simple interest on ₹1500 at 11% per year for 3 years (in ₹)?
  8. 8.What is the simple interest on ₹4400 at 5% per year for 5 years (in ₹)?
  9. 9.What is the simple interest on ₹4000 at 10% per year for 2 years (in ₹)?
  10. 10.What is 65% of 760?
  11. 11.What is the simple interest on ₹7500 at 11% per year for 5 years (in ₹)?
  12. 12.A shopkeeper buys a cycle for ₹1000 and sells it for ₹1230. What is the profit (in ₹)?
  13. 13.What is the simple interest on ₹6700 at 11% per year for 5 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹5400 at 12% per year for 1 year (in ₹)?
  15. 15.A cycle costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
  16. 16.The price of a water bottle changed from ₹40 to ₹20. What is the percentage decrease?
  17. 17.A shopkeeper buys a cycle for ₹200 and sells it for ₹140. What is the loss (in ₹)?
  18. 18.What is 40% of 360?
  19. 19.What is the simple interest on ₹2200 at 3% per year for 5 years (in ₹)?
  20. 20.What is 25% of 580?
  21. 21.What is the simple interest on ₹1300 at 2% per year for 4 years (in ₹)?
  22. 22.A shopkeeper buys a fan for ₹450 and sells it for ₹610. What is the profit (in ₹)?
  23. 23.A cooler costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
  24. 24.A fan bought for ₹1500 is sold for ₹1425. What is the loss per cent?
  25. 25.What is 80% of 120?
  26. 26.The price of a bus pass changed from ₹100 to ₹99. What is the percentage decrease?
  27. 27.A table costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
  28. 28.What is 5% of 340?
  29. 29.What is the amount (principal + simple interest) on ₹3800 at 3% per year for 1 year (in ₹)?
  30. 30.A cycle bought for ₹700 is sold for ₹735. What is the profit per cent?
  31. 31.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹180. What is the loss (in ₹)?
  32. 32.A shopkeeper buys a table for ₹2750 and sells it for ₹2860. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a cooler for ₹1000 and sells it for ₹1200. What is the profit (in ₹)?
  34. 34.What is 25% of 180?
  35. 35.What is 85% of 1000?
  36. 36.What is 20% of 320?
  37. 37.A shopkeeper buys a cricket kit for ₹2150 and sells it for ₹2160. What is the profit (in ₹)?
  38. 38.A fan bought for ₹2100 is sold for ₹2520. What is the profit per cent?
  39. 39.A sewing machine costs ₹2000. It is sold at a 12% profit. What is the selling price (in ₹)?
  40. 40.What is 75% of 580?

Answer key

  1. 1950
  2. 5
  3. 10
  4. 250
  5. 130
  6. 50
  7. 495
  8. 1100
  9. 800
  10. 494
  11. 4125
  12. 230
  13. 3685
  14. 6048
  15. 1260
  16. 50
  17. 60
  18. 144
  19. 330
  20. 145
  21. 104
  22. 160
  23. 3570
  24. 5
  25. 96
  26. 1
  27. 855
  28. 17
  29. 3914
  30. 5
  31. 20
  32. 110
  33. 200
  34. 45
  35. 850
  36. 64
  37. 10
  38. 20
  39. 2240
  40. 435

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