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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 350 · 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.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
  2. 2.The price of a cricket ball changed from ₹80 to ₹16. What is the percentage decrease?
  3. 3.What is the amount (principal + simple interest) on ₹5900 at 7% per year for 5 years (in ₹)?
  4. 4.A shopkeeper buys a cooler for ₹1800 and sells it for ₹1850. What is the profit (in ₹)?
  5. 5.A fan costs ₹4000. It is sold at a 15% profit. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2820. What is the profit (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹720. What is the loss (in ₹)?
  8. 8.A sewing machine costs ₹2200. It is sold at a 10% loss. What is the selling price (in ₹)?
  9. 9.A cooler costs ₹200. It is sold at a 12% loss. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a fan for ₹1950 and sells it for ₹1920. What is the loss (in ₹)?
  11. 11.What is 40% of 320?
  12. 12.The price of a box of mangoes changed from ₹20 to ₹24. What is the percentage increase?
  13. 13.A watch costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
  14. 14.What is the simple interest on ₹3200 at 3% per year for 1 year (in ₹)?
  15. 15.A mobile phone costs ₹3300. It is sold at a 25% profit. What is the selling price (in ₹)?
  16. 16.What is 75% of 720?
  17. 17.What is 90% of 560?
  18. 18.A shopkeeper buys a watch for ₹1100 and sells it for ₹920. What is the loss (in ₹)?
  19. 19.A mobile phone bought for ₹2500 is sold for ₹1750. What is the loss per cent?
  20. 20.What is the amount (principal + simple interest) on ₹2000 at 4% per year for 5 years (in ₹)?
  21. 21.What is the simple interest on ₹3200 at 6% per year for 3 years (in ₹)?
  22. 22.A shopkeeper buys a fan for ₹800 and sells it for ₹580. What is the loss (in ₹)?
  23. 23.What is 10% of 880?
  24. 24.A shopkeeper buys a cooler for ₹1200 and sells it for ₹980. What is the loss (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹8900 at 4% per year for 4 years (in ₹)?
  26. 26.What is the simple interest on ₹700 at 5% per year for 5 years (in ₹)?
  27. 27.A cricket kit bought for ₹1200 is sold for ₹1056. What is the loss per cent?
  28. 28.What is 30% of 660?
  29. 29.What is 15% of 980?
  30. 30.A fan bought for ₹1500 is sold for ₹750. What is the loss per cent?
  31. 31.What is 70% of 900?
  32. 32.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1650. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a watch for ₹2500 and sells it for ₹2590. What is the profit (in ₹)?
  34. 34.The price of a school bag changed from ₹80 to ₹84. What is the percentage increase?
  35. 35.A cricket kit costs ₹400. It is sold at a 20% loss. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹2500 at 11% per year for 2 years (in ₹)?
  37. 37.What is the simple interest on ₹1900 at 2% per year for 1 year (in ₹)?
  38. 38.A sewing machine bought for ₹1100 is sold for ₹1650. What is the profit per cent?
  39. 39.What is 25% of 800?
  40. 40.A shopkeeper buys a cycle for ₹2050 and sells it for ₹2080. What is the profit (in ₹)?

Answer key

  1. 60
  2. 80
  3. 7965
  4. 50
  5. 4600
  6. 20
  7. 30
  8. 1980
  9. 176
  10. 30
  11. 128
  12. 20
  13. 1568
  14. 96
  15. 4125
  16. 540
  17. 504
  18. 180
  19. 30
  20. 2400
  21. 576
  22. 220
  23. 88
  24. 220
  25. 10324
  26. 175
  27. 12
  28. 198
  29. 147
  30. 50
  31. 630
  32. 200
  33. 90
  34. 5
  35. 320
  36. 3050
  37. 38
  38. 50
  39. 200
  40. 30

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