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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 333 · 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 bought for ₹2500 is sold for ₹2125. What is the loss per cent?
  2. 2.A table costs ₹1800. It is sold at a 40% loss. What is the selling price (in ₹)?
  3. 3.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2480. What is the profit (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹8400 at 6% per year for 2 years (in ₹)?
  5. 5.What is the simple interest on ₹2400 at 7% per year for 2 years (in ₹)?
  6. 6.A fan costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a table for ₹2600 and sells it for ₹2320. What is the loss (in ₹)?
  8. 8.What is 60% of 600?
  9. 9.A shopkeeper buys a watch for ₹2900 and sells it for ₹3000. What is the profit (in ₹)?
  10. 10.What is 30% of 720?
  11. 11.A cycle costs ₹3500. It is sold at a 15% loss. What is the selling price (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹2200 at 5% per year for 2 years (in ₹)?
  13. 13.The price of a school bag changed from ₹200 to ₹150. What is the percentage decrease?
  14. 14.What is the simple interest on ₹1200 at 2% per year for 3 years (in ₹)?
  15. 15.The price of a cricket ball changed from ₹20 to ₹25. What is the percentage increase?
  16. 16.What is the amount (principal + simple interest) on ₹6400 at 3% per year for 2 years (in ₹)?
  17. 17.The price of a cricket ball changed from ₹80 to ₹8. What is the percentage decrease?
  18. 18.The price of a bus pass changed from ₹20 to ₹24. What is the percentage increase?
  19. 19.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  20. 20.A sewing machine bought for ₹600 is sold for ₹672. What is the profit per cent?
  21. 21.What is the amount (principal + simple interest) on ₹8700 at 5% per year for 1 year (in ₹)?
  22. 22.What is 5% of 740?
  23. 23.A shopkeeper buys a fan for ₹2000 and sells it for ₹1860. What is the loss (in ₹)?
  24. 24.The price of a water bottle changed from ₹250 to ₹175. What is the percentage decrease?
  25. 25.What is 30% of 260?
  26. 26.A mobile phone costs ₹3200. It is sold at a 15% loss. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹60. What is the loss (in ₹)?
  28. 28.A sewing machine costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
  29. 29.What is the simple interest on ₹1900 at 11% per year for 2 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹5300 at 7% per year for 1 year (in ₹)?
  31. 31.The price of a water bottle changed from ₹25 to ₹5. What is the percentage decrease?
  32. 32.What is the simple interest on ₹5700 at 6% per year for 2 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹7100 at 12% per year for 1 year (in ₹)?
  34. 34.A shopkeeper buys a cooler for ₹500 and sells it for ₹310. What is the loss (in ₹)?
  35. 35.What is 10% of 340?
  36. 36.What is the simple interest on ₹2300 at 9% per year for 2 years (in ₹)?
  37. 37.What is the simple interest on ₹7000 at 11% per year for 1 year (in ₹)?
  38. 38.A cricket kit bought for ₹2700 is sold for ₹2295. What is the loss per cent?
  39. 39.The price of a school bag changed from ₹500 to ₹550. What is the percentage increase?
  40. 40.A fan bought for ₹1500 is sold for ₹1425. What is the loss per cent?

Answer key

  1. 15
  2. 1080
  3. 30
  4. 9408
  5. 336
  6. 3190
  7. 280
  8. 360
  9. 100
  10. 216
  11. 2975
  12. 2420
  13. 25
  14. 72
  15. 25
  16. 6784
  17. 90
  18. 20
  19. 20
  20. 12
  21. 9135
  22. 37
  23. 140
  24. 30
  25. 78
  26. 2720
  27. 190
  28. 735
  29. 418
  30. 5671
  31. 80
  32. 684
  33. 7952
  34. 190
  35. 34
  36. 414
  37. 770
  38. 15
  39. 10
  40. 5

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