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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 334 · 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 sewing machine costs ₹2800. It is sold at a 5% loss. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1660. What is the profit (in ₹)?
  3. 3.The price of a box of mangoes changed from ₹20 to ₹24. What is the percentage increase?
  4. 4.The price of a box of mangoes changed from ₹80 to ₹112. What is the percentage increase?
  5. 5.A table bought for ₹2600 is sold for ₹1820. What is the loss per cent?
  6. 6.A table bought for ₹1400 is sold for ₹1190. What is the loss per cent?
  7. 7.What is 80% of 380?
  8. 8.A watch costs ₹1300. It is sold at a 40% profit. What is the selling price (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹500 at 4% per year for 4 years (in ₹)?
  10. 10.What is 40% of 220?
  11. 11.A cooler costs ₹3600. It is sold at a 10% loss. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a table for ₹2050 and sells it for ₹2230. What is the profit (in ₹)?
  13. 13.The price of a bus pass changed from ₹20 to ₹36. What is the percentage increase?
  14. 14.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2150. What is the loss (in ₹)?
  15. 15.A shopkeeper buys a cooler for ₹1800 and sells it for ₹1690. What is the loss (in ₹)?
  16. 16.What is the simple interest on ₹6000 at 11% per year for 1 year (in ₹)?
  17. 17.What is 75% of 140?
  18. 18.A shopkeeper buys a cooler for ₹650 and sells it for ₹430. What is the loss (in ₹)?
  19. 19.What is 55% of 240?
  20. 20.What is 10% of 580?
  21. 21.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹640. What is the loss (in ₹)?
  22. 22.What is 20% of 980?
  23. 23.The price of a school bag changed from ₹400 to ₹300. What is the percentage decrease?
  24. 24.A table costs ₹3800. It is sold at a 30% loss. What is the selling price (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹3900 at 2% per year for 5 years (in ₹)?
  26. 26.What is 85% of 80?
  27. 27.What is the simple interest on ₹5200 at 4% per year for 2 years (in ₹)?
  28. 28.The price of a school bag changed from ₹500 to ₹200. What is the percentage decrease?
  29. 29.What is the simple interest on ₹4200 at 10% per year for 1 year (in ₹)?
  30. 30.The price of a school bag changed from ₹200 to ₹20. What is the percentage decrease?
  31. 31.What is 55% of 360?
  32. 32.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1480. What is the profit (in ₹)?
  33. 33.What is the simple interest on ₹5600 at 10% per year for 1 year (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹3400 at 11% per year for 5 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹3400 at 8% per year for 5 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹3000 at 8% per year for 2 years (in ₹)?
  37. 37.The price of a cricket ball changed from ₹500 to ₹700. What is the percentage increase?
  38. 38.What is 60% of 260?
  39. 39.A table costs ₹1600. It is sold at a 5% loss. What is the selling price (in ₹)?
  40. 40.The price of a cricket ball changed from ₹100 to ₹102. What is the percentage increase?

Answer key

  1. 2660
  2. 60
  3. 20
  4. 40
  5. 30
  6. 15
  7. 304
  8. 1820
  9. 580
  10. 88
  11. 3240
  12. 180
  13. 80
  14. 100
  15. 110
  16. 660
  17. 105
  18. 220
  19. 132
  20. 58
  21. 260
  22. 196
  23. 25
  24. 2660
  25. 4290
  26. 68
  27. 416
  28. 60
  29. 420
  30. 90
  31. 198
  32. 230
  33. 560
  34. 5270
  35. 4760
  36. 3480
  37. 40
  38. 156
  39. 1520
  40. 2

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