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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 369 · 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.What is 60% of 520?
  2. 2.The price of a cricket ball changed from ₹100 to ₹150. What is the percentage increase?
  3. 3.The price of a cricket ball changed from ₹50 to ₹40. What is the percentage decrease?
  4. 4.A cooler bought for ₹1000 is sold for ₹1500. What is the profit per cent?
  5. 5.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹620. What is the loss (in ₹)?
  6. 6.The price of a bus pass changed from ₹100 to ₹95. What is the percentage decrease?
  7. 7.What is the amount (principal + simple interest) on ₹7200 at 10% per year for 2 years (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹1400 at 4% per year for 1 year (in ₹)?
  9. 9.The price of a bus pass changed from ₹400 to ₹700. What is the percentage increase?
  10. 10.A shopkeeper buys a table for ₹2250 and sells it for ₹2240. What is the loss (in ₹)?
  11. 11.A shopkeeper buys a watch for ₹2300 and sells it for ₹2270. What is the loss (in ₹)?
  12. 12.A cycle bought for ₹3300 is sold for ₹2904. What is the loss per cent?
  13. 13.The price of a pair of shoes changed from ₹80 to ₹56. What is the percentage decrease?
  14. 14.A shopkeeper buys a fan for ₹2000 and sells it for ₹2110. What is the profit (in ₹)?
  15. 15.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1560. What is the profit (in ₹)?
  16. 16.The price of a water bottle changed from ₹100 to ₹105. What is the percentage increase?
  17. 17.The price of a school bag changed from ₹500 to ₹525. What is the percentage increase?
  18. 18.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹1080. What is the profit (in ₹)?
  19. 19.What is the simple interest on ₹600 at 8% per year for 3 years (in ₹)?
  20. 20.The price of a bus pass changed from ₹500 to ₹550. What is the percentage increase?
  21. 21.A mobile phone costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
  22. 22.What is the simple interest on ₹6200 at 10% per year for 1 year (in ₹)?
  23. 23.A mobile phone costs ₹3600. It is sold at a 15% loss. What is the selling price (in ₹)?
  24. 24.A mobile phone bought for ₹300 is sold for ₹420. What is the profit per cent?
  25. 25.What is the amount (principal + simple interest) on ₹2100 at 11% per year for 2 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹1800 at 3% per year for 2 years (in ₹)?
  27. 27.What is 70% of 360?
  28. 28.A shopkeeper buys a table for ₹1900 and sells it for ₹2020. What is the profit (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹9100 at 11% per year for 4 years (in ₹)?
  30. 30.What is 30% of 260?
  31. 31.What is 30% of 360?
  32. 32.What is 5% of 480?
  33. 33.The price of a pair of shoes changed from ₹500 to ₹510. What is the percentage increase?
  34. 34.What is 15% of 240?
  35. 35.A shopkeeper buys a table for ₹3000 and sells it for ₹3300. What is the profit (in ₹)?
  36. 36.A shopkeeper buys a cooler for ₹2400 and sells it for ₹2700. What is the profit (in ₹)?
  37. 37.A fan bought for ₹2400 is sold for ₹2688. What is the profit per cent?
  38. 38.A cycle bought for ₹3000 is sold for ₹3150. What is the profit per cent?
  39. 39.What is the amount (principal + simple interest) on ₹8600 at 9% per year for 3 years (in ₹)?
  40. 40.A watch bought for ₹1100 is sold for ₹550. What is the loss per cent?

Answer key

  1. 312
  2. 50
  3. 20
  4. 50
  5. 280
  6. 5
  7. 8640
  8. 1456
  9. 75
  10. 10
  11. 30
  12. 12
  13. 30
  14. 110
  15. 260
  16. 5
  17. 5
  18. 180
  19. 144
  20. 10
  21. 3990
  22. 620
  23. 3060
  24. 40
  25. 2562
  26. 1908
  27. 252
  28. 120
  29. 13104
  30. 78
  31. 108
  32. 24
  33. 2
  34. 36
  35. 300
  36. 300
  37. 12
  38. 5
  39. 10922
  40. 50

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