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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 384 · 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 shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1370. What is the loss (in ₹)?
  2. 2.What is 5% of 440?
  3. 3.A shopkeeper buys a cycle for ₹500 and sells it for ₹310. What is the loss (in ₹)?
  4. 4.What is 60% of 280?
  5. 5.A cooler costs ₹1500. It is sold at a 10% loss. What is the selling price (in ₹)?
  6. 6.What is 95% of 560?
  7. 7.What is the amount (principal + simple interest) on ₹5000 at 7% per year for 1 year (in ₹)?
  8. 8.The price of a pair of shoes changed from ₹250 to ₹450. What is the percentage increase?
  9. 9.What is the amount (principal + simple interest) on ₹4000 at 9% per year for 5 years (in ₹)?
  10. 10.What is 30% of 160?
  11. 11.What is the simple interest on ₹1300 at 4% per year for 4 years (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹2800 at 4% per year for 2 years (in ₹)?
  13. 13.A shopkeeper buys a fan for ₹600 and sells it for ₹610. What is the profit (in ₹)?
  14. 14.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹720. What is the profit (in ₹)?
  15. 15.What is 40% of 320?
  16. 16.The price of a bus pass changed from ₹250 to ₹150. What is the percentage decrease?
  17. 17.What is the amount (principal + simple interest) on ₹7000 at 3% per year for 4 years (in ₹)?
  18. 18.A shopkeeper buys a fan for ₹2300 and sells it for ₹2120. What is the loss (in ₹)?
  19. 19.What is 80% of 160?
  20. 20.A cooler bought for ₹1400 is sold for ₹1260. What is the loss per cent?
  21. 21.The price of a bus pass changed from ₹400 to ₹480. What is the percentage increase?
  22. 22.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1430. What is the profit (in ₹)?
  23. 23.What is the simple interest on ₹3800 at 6% per year for 4 years (in ₹)?
  24. 24.A shopkeeper buys a cooler for ₹2250 and sells it for ₹1970. What is the loss (in ₹)?
  25. 25.A cycle costs ₹1700. It is sold at a 10% profit. What is the selling price (in ₹)?
  26. 26.What is the simple interest on ₹7100 at 10% per year for 5 years (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹10000 at 12% per year for 5 years (in ₹)?
  28. 28.A watch costs ₹1600. It is sold at a 5% loss. What is the selling price (in ₹)?
  29. 29.What is 90% of 940?
  30. 30.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2280. What is the profit (in ₹)?
  31. 31.What is 25% of 880?
  32. 32.What is the amount (principal + simple interest) on ₹7200 at 9% per year for 2 years (in ₹)?
  33. 33.A fan bought for ₹1700 is sold for ₹1275. What is the loss per cent?
  34. 34.A table bought for ₹1700 is sold for ₹1275. What is the loss per cent?
  35. 35.What is 80% of 220?
  36. 36.The price of a bus pass changed from ₹40 to ₹48. What is the percentage increase?
  37. 37.What is 15% of 660?
  38. 38.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹1060. What is the loss (in ₹)?
  39. 39.What is 5% of 620?
  40. 40.What is 60% of 720?

Answer key

  1. 80
  2. 22
  3. 190
  4. 168
  5. 1350
  6. 532
  7. 5350
  8. 80
  9. 5800
  10. 48
  11. 208
  12. 3024
  13. 10
  14. 170
  15. 128
  16. 40
  17. 7840
  18. 180
  19. 128
  20. 10
  21. 20
  22. 130
  23. 912
  24. 280
  25. 1870
  26. 3550
  27. 16000
  28. 1520
  29. 846
  30. 80
  31. 220
  32. 8496
  33. 25
  34. 25
  35. 176
  36. 20
  37. 99
  38. 140
  39. 31
  40. 432

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