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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 401 · 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 90% of 260?
  2. 2.The price of a bus pass changed from ₹20 to ₹35. What is the percentage increase?
  3. 3.A cooler bought for ₹2500 is sold for ₹3750. What is the profit per cent?
  4. 4.A mobile phone bought for ₹2200 is sold for ₹2464. What is the profit per cent?
  5. 5.What is 80% of 400?
  6. 6.What is the amount (principal + simple interest) on ₹3300 at 12% per year for 1 year (in ₹)?
  7. 7.A shopkeeper buys a watch for ₹2150 and sells it for ₹1890. What is the loss (in ₹)?
  8. 8.A cricket kit costs ₹500. It is sold at a 5% profit. What is the selling price (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹4100 at 5% per year for 5 years (in ₹)?
  10. 10.What is 55% of 800?
  11. 11.What is 15% of 220?
  12. 12.What is the simple interest on ₹2200 at 11% per year for 2 years (in ₹)?
  13. 13.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2890. What is the profit (in ₹)?
  14. 14.A mobile phone costs ₹1400. It is sold at a 15% loss. What is the selling price (in ₹)?
  15. 15.A mobile phone costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a fan for ₹450 and sells it for ₹700. What is the profit (in ₹)?
  17. 17.The price of a pair of shoes changed from ₹100 to ₹98. What is the percentage decrease?
  18. 18.The price of a bus pass changed from ₹20 to ₹8. What is the percentage decrease?
  19. 19.A shopkeeper buys a table for ₹200 and sells it for ₹220. What is the profit (in ₹)?
  20. 20.A fan bought for ₹2300 is sold for ₹1380. What is the loss per cent?
  21. 21.A shopkeeper buys a cooler for ₹300 and sells it for ₹420. What is the profit (in ₹)?
  22. 22.What is 25% of 740?
  23. 23.A shopkeeper buys a mobile phone for ₹400 and sells it for ₹570. What is the profit (in ₹)?
  24. 24.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1640. What is the profit (in ₹)?
  25. 25.What is 40% of 440?
  26. 26.What is the simple interest on ₹3300 at 10% per year for 2 years (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹7600 at 4% per year for 5 years (in ₹)?
  28. 28.A cooler bought for ₹300 is sold for ₹345. What is the profit per cent?
  29. 29.A shopkeeper buys a watch for ₹400 and sells it for ₹420. What is the profit (in ₹)?
  30. 30.A table bought for ₹3700 is sold for ₹4070. What is the profit per cent?
  31. 31.What is the simple interest on ₹2300 at 4% per year for 1 year (in ₹)?
  32. 32.The price of a school bag changed from ₹250 to ₹150. What is the percentage decrease?
  33. 33.A cricket kit bought for ₹1200 is sold for ₹1680. What is the profit per cent?
  34. 34.A shopkeeper buys a fan for ₹350 and sells it for ₹330. What is the loss (in ₹)?
  35. 35.What is the simple interest on ₹6300 at 11% per year for 2 years (in ₹)?
  36. 36.What is 5% of 240?
  37. 37.A shopkeeper buys a watch for ₹600 and sells it for ₹870. What is the profit (in ₹)?
  38. 38.A watch bought for ₹3200 is sold for ₹2720. What is the loss per cent?
  39. 39.What is 85% of 740?
  40. 40.What is 15% of 620?

Answer key

  1. 234
  2. 75
  3. 50
  4. 12
  5. 320
  6. 3696
  7. 260
  8. 525
  9. 5125
  10. 440
  11. 33
  12. 484
  13. 140
  14. 1190
  15. 2750
  16. 250
  17. 2
  18. 60
  19. 20
  20. 40
  21. 120
  22. 185
  23. 170
  24. 140
  25. 176
  26. 660
  27. 9120
  28. 15
  29. 20
  30. 10
  31. 92
  32. 40
  33. 40
  34. 20
  35. 1386
  36. 12
  37. 270
  38. 15
  39. 629
  40. 93

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