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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 4 · 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 cycle costs ₹700. It is sold at a 50% loss. What is the selling price (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹9600 at 10% per year for 5 years (in ₹)?
  3. 3.What is 15% of 500?
  4. 4.The price of a school bag changed from ₹20 to ₹4. What is the percentage decrease?
  5. 5.What is 25% of 460?
  6. 6.The price of a water bottle changed from ₹500 to ₹505. What is the percentage increase?
  7. 7.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1480. What is the loss (in ₹)?
  8. 8.What is 90% of 680?
  9. 9.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹910. What is the profit (in ₹)?
  10. 10.What is 80% of 680?
  11. 11.A shopkeeper buys a watch for ₹2750 and sells it for ₹2910. What is the profit (in ₹)?
  12. 12.A shopkeeper buys a fan for ₹350 and sells it for ₹610. What is the profit (in ₹)?
  13. 13.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹150. What is the loss (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹2300 at 4% per year for 4 years (in ₹)?
  15. 15.A cooler costs ₹2000. It is sold at a 30% loss. What is the selling price (in ₹)?
  16. 16.What is 30% of 280?
  17. 17.What is 65% of 460?
  18. 18.A shopkeeper buys a fan for ₹2850 and sells it for ₹2560. What is the loss (in ₹)?
  19. 19.The price of a box of mangoes changed from ₹20 to ₹16. What is the percentage decrease?
  20. 20.A watch costs ₹2800. It is sold at a 5% loss. What is the selling price (in ₹)?
  21. 21.A mobile phone costs ₹3500. It is sold at a 10% loss. What is the selling price (in ₹)?
  22. 22.A cooler costs ₹600. It is sold at a 30% profit. What is the selling price (in ₹)?
  23. 23.A cricket kit bought for ₹1000 is sold for ₹1500. What is the profit per cent?
  24. 24.A sewing machine costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
  25. 25.The price of a pair of shoes changed from ₹250 to ₹50. What is the percentage decrease?
  26. 26.What is 90% of 720?
  27. 27.A table costs ₹1200. It is sold at a 50% loss. What is the selling price (in ₹)?
  28. 28.A mobile phone costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹2500 at 5% per year for 2 years (in ₹)?
  30. 30.A cricket kit bought for ₹2300 is sold for ₹2760. What is the profit per cent?
  31. 31.What is the amount (principal + simple interest) on ₹3800 at 3% per year for 1 year (in ₹)?
  32. 32.A cricket kit costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
  33. 33.A cooler costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
  34. 34.A watch bought for ₹3300 is sold for ₹3630. What is the profit per cent?
  35. 35.The price of a pair of shoes changed from ₹100 to ₹98. What is the percentage decrease?
  36. 36.What is 5% of 960?
  37. 37.A sewing machine costs ₹3200. It is sold at a 40% profit. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹1050. What is the profit (in ₹)?
  39. 39.What is 65% of 760?
  40. 40.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1290. What is the loss (in ₹)?

Answer key

  1. 350
  2. 14400
  3. 75
  4. 80
  5. 115
  6. 1
  7. 120
  8. 612
  9. 160
  10. 544
  11. 160
  12. 260
  13. 150
  14. 2668
  15. 1400
  16. 84
  17. 299
  18. 290
  19. 20
  20. 2660
  21. 3150
  22. 780
  23. 50
  24. 1350
  25. 80
  26. 648
  27. 600
  28. 1568
  29. 2750
  30. 20
  31. 3914
  32. 760
  33. 770
  34. 10
  35. 2
  36. 48
  37. 4480
  38. 250
  39. 494
  40. 110

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