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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 386 · 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 cycle for ₹2050 and sells it for ₹2250. What is the profit (in ₹)?
  2. 2.The price of a box of mangoes changed from ₹80 to ₹64. What is the percentage decrease?
  3. 3.What is 10% of 800?
  4. 4.What is the simple interest on ₹8000 at 4% per year for 1 year (in ₹)?
  5. 5.What is 5% of 100?
  6. 6.A watch costs ₹2300. It is sold at a 20% loss. What is the selling price (in ₹)?
  7. 7.What is the simple interest on ₹9500 at 6% per year for 1 year (in ₹)?
  8. 8.A cricket kit bought for ₹1200 is sold for ₹1344. What is the profit per cent?
  9. 9.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2370. What is the loss (in ₹)?
  10. 10.The price of a bus pass changed from ₹80 to ₹8. What is the percentage decrease?
  11. 11.What is the amount (principal + simple interest) on ₹7500 at 8% per year for 3 years (in ₹)?
  12. 12.A fan costs ₹1800. It is sold at a 50% loss. What is the selling price (in ₹)?
  13. 13.What is 30% of 380?
  14. 14.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 1 year (in ₹)?
  15. 15.A shopkeeper buys a table for ₹300 and sells it for ₹60. What is the loss (in ₹)?
  16. 16.The price of a school bag changed from ₹200 to ₹202. What is the percentage increase?
  17. 17.The price of a bus pass changed from ₹500 to ₹490. What is the percentage decrease?
  18. 18.What is the amount (principal + simple interest) on ₹4000 at 11% per year for 5 years (in ₹)?
  19. 19.A watch bought for ₹3800 is sold for ₹3610. What is the loss per cent?
  20. 20.What is 55% of 920?
  21. 21.What is the simple interest on ₹9700 at 8% per year for 4 years (in ₹)?
  22. 22.The price of a cricket ball changed from ₹20 to ₹16. What is the percentage decrease?
  23. 23.What is 60% of 240?
  24. 24.A cycle costs ₹1800. It is sold at a 20% profit. What is the selling price (in ₹)?
  25. 25.A mobile phone bought for ₹1900 is sold for ₹1140. What is the loss per cent?
  26. 26.A shopkeeper buys a fan for ₹1500 and sells it for ₹1460. What is the loss (in ₹)?
  27. 27.What is 25% of 100?
  28. 28.A fan bought for ₹1600 is sold for ₹1920. What is the profit per cent?
  29. 29.A mobile phone costs ₹1900. It is sold at a 10% profit. What is the selling price (in ₹)?
  30. 30.A cycle bought for ₹2100 is sold for ₹1848. What is the loss per cent?
  31. 31.What is the amount (principal + simple interest) on ₹9900 at 5% per year for 4 years (in ₹)?
  32. 32.What is the simple interest on ₹6900 at 4% per year for 4 years (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹1800 and sells it for ₹2090. What is the profit (in ₹)?
  34. 34.A sewing machine costs ₹3000. It is sold at a 25% profit. What is the selling price (in ₹)?
  35. 35.What is 55% of 680?
  36. 36.A cricket kit costs ₹1400. It is sold at a 12% loss. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹1300 at 3% per year for 3 years (in ₹)?
  38. 38.A cooler bought for ₹2000 is sold for ₹1900. What is the loss per cent?
  39. 39.A watch bought for ₹600 is sold for ₹300. What is the loss per cent?
  40. 40.A shopkeeper buys a watch for ₹250 and sells it for ₹330. What is the profit (in ₹)?

Answer key

  1. 200
  2. 20
  3. 80
  4. 320
  5. 5
  6. 1840
  7. 570
  8. 12
  9. 30
  10. 90
  11. 9300
  12. 900
  13. 114
  14. 2940
  15. 240
  16. 1
  17. 2
  18. 6200
  19. 5
  20. 506
  21. 3104
  22. 20
  23. 144
  24. 2160
  25. 40
  26. 40
  27. 25
  28. 20
  29. 2090
  30. 12
  31. 11880
  32. 1104
  33. 290
  34. 3750
  35. 374
  36. 1232
  37. 1417
  38. 5
  39. 50
  40. 80

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