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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 347 · 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 fan bought for ₹1400 is sold for ₹1470. What is the profit per cent?
  2. 2.The price of a bus pass changed from ₹50 to ₹40. What is the percentage decrease?
  3. 3.A mobile phone costs ₹200. It is sold at a 5% profit. What is the selling price (in ₹)?
  4. 4.What is 5% of 400?
  5. 5.The price of a school bag changed from ₹200 to ₹210. What is the percentage increase?
  6. 6.The price of a pair of shoes changed from ₹50 to ₹70. What is the percentage increase?
  7. 7.A cooler bought for ₹900 is sold for ₹792. What is the loss per cent?
  8. 8.A sewing machine costs ₹3600. It is sold at a 5% profit. What is the selling price (in ₹)?
  9. 9.A mobile phone costs ₹600. It is sold at a 5% loss. What is the selling price (in ₹)?
  10. 10.A cooler costs ₹2400. It is sold at a 10% loss. What is the selling price (in ₹)?
  11. 11.A shopkeeper buys a cycle for ₹1100 and sells it for ₹990. What is the loss (in ₹)?
  12. 12.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹2290. What is the profit (in ₹)?
  13. 13.The price of a water bottle changed from ₹25 to ₹35. What is the percentage increase?
  14. 14.What is 40% of 480?
  15. 15.A shopkeeper buys a watch for ₹2500 and sells it for ₹2530. What is the profit (in ₹)?
  16. 16.A cycle bought for ₹2100 is sold for ₹2520. What is the profit per cent?
  17. 17.The price of a bus pass changed from ₹80 to ₹128. What is the percentage increase?
  18. 18.A fan costs ₹2900. It is sold at a 20% loss. What is the selling price (in ₹)?
  19. 19.What is 45% of 40?
  20. 20.What is 85% of 560?
  21. 21.What is 95% of 80?
  22. 22.A shopkeeper buys a table for ₹2650 and sells it for ₹2810. What is the profit (in ₹)?
  23. 23.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
  24. 24.What is 90% of 580?
  25. 25.A cycle bought for ₹3200 is sold for ₹3360. What is the profit per cent?
  26. 26.The price of a school bag changed from ₹100 to ₹10. What is the percentage decrease?
  27. 27.A shopkeeper buys a cycle for ₹250 and sells it for ₹50. What is the loss (in ₹)?
  28. 28.The price of a box of mangoes changed from ₹80 to ₹56. What is the percentage decrease?
  29. 29.A fan bought for ₹2900 is sold for ₹4350. What is the profit per cent?
  30. 30.A fan costs ₹3100. It is sold at a 20% profit. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a watch for ₹1750 and sells it for ₹2020. What is the profit (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹5300 at 3% per year for 2 years (in ₹)?
  33. 33.The price of a water bottle changed from ₹80 to ₹140. What is the percentage increase?
  34. 34.What is 75% of 800?
  35. 35.A shopkeeper buys a fan for ₹650 and sells it for ₹550. What is the loss (in ₹)?
  36. 36.What is the simple interest on ₹1800 at 10% per year for 3 years (in ₹)?
  37. 37.A fan bought for ₹3200 is sold for ₹2560. What is the loss per cent?
  38. 38.A watch costs ₹1600. It is sold at a 15% loss. What is the selling price (in ₹)?
  39. 39.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
  40. 40.The price of a pair of shoes changed from ₹250 to ₹225. What is the percentage decrease?

Answer key

  1. 5
  2. 20
  3. 210
  4. 20
  5. 5
  6. 40
  7. 12
  8. 3780
  9. 570
  10. 2160
  11. 110
  12. 290
  13. 40
  14. 192
  15. 30
  16. 20
  17. 60
  18. 2320
  19. 18
  20. 476
  21. 76
  22. 160
  23. 20
  24. 522
  25. 5
  26. 90
  27. 200
  28. 30
  29. 50
  30. 3720
  31. 270
  32. 5618
  33. 75
  34. 600
  35. 100
  36. 540
  37. 20
  38. 1360
  39. 60
  40. 10

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