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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 410 · 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 sewing machine for ₹2500 and sells it for ₹2240. What is the loss (in ₹)?
  2. 2.What is the simple interest on ₹7900 at 12% per year for 1 year (in ₹)?
  3. 3.A shopkeeper buys a table for ₹1050 and sells it for ₹1140. What is the profit (in ₹)?
  4. 4.What is 80% of 160?
  5. 5.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹220. What is the loss (in ₹)?
  6. 6.A watch costs ₹2900. It is sold at a 40% loss. What is the selling price (in ₹)?
  7. 7.The price of a cricket ball changed from ₹500 to ₹750. What is the percentage increase?
  8. 8.What is the amount (principal + simple interest) on ₹1600 at 5% per year for 4 years (in ₹)?
  9. 9.What is the simple interest on ₹9000 at 6% per year for 2 years (in ₹)?
  10. 10.What is the simple interest on ₹2000 at 12% per year for 1 year (in ₹)?
  11. 11.A fan costs ₹2700. It is sold at a 25% loss. What is the selling price (in ₹)?
  12. 12.The price of a water bottle changed from ₹200 to ₹260. What is the percentage increase?
  13. 13.A watch costs ₹2500. It is sold at a 5% profit. What is the selling price (in ₹)?
  14. 14.What is the simple interest on ₹700 at 5% per year for 5 years (in ₹)?
  15. 15.What is the simple interest on ₹8300 at 8% per year for 2 years (in ₹)?
  16. 16.What is 40% of 960?
  17. 17.A fan bought for ₹3700 is sold for ₹5550. What is the profit per cent?
  18. 18.A shopkeeper buys a watch for ₹1600 and sells it for ₹1560. What is the loss (in ₹)?
  19. 19.What is 30% of 520?
  20. 20.A shopkeeper buys a table for ₹2850 and sells it for ₹2960. What is the profit (in ₹)?
  21. 21.The price of a water bottle changed from ₹100 to ₹180. What is the percentage increase?
  22. 22.What is 80% of 1000?
  23. 23.The price of a pair of shoes changed from ₹200 to ₹360. What is the percentage increase?
  24. 24.A cricket kit bought for ₹2400 is sold for ₹1920. What is the loss per cent?
  25. 25.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1100. What is the profit (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹8200 at 2% per year for 1 year (in ₹)?
  27. 27.A cooler bought for ₹2000 is sold for ₹1200. What is the loss per cent?
  28. 28.What is the amount (principal + simple interest) on ₹4500 at 11% per year for 2 years (in ₹)?
  29. 29.A shopkeeper buys a table for ₹1650 and sells it for ₹1740. What is the profit (in ₹)?
  30. 30.What is the simple interest on ₹1600 at 6% per year for 2 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹7900 at 12% per year for 4 years (in ₹)?
  32. 32.What is 30% of 180?
  33. 33.A cricket kit costs ₹2200. It is sold at a 40% profit. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹2000 at 3% per year for 5 years (in ₹)?
  35. 35.A mobile phone costs ₹1500. It is sold at a 15% profit. What is the selling price (in ₹)?
  36. 36.What is 35% of 100?
  37. 37.The price of a water bottle changed from ₹100 to ₹98. What is the percentage decrease?
  38. 38.The price of a pair of shoes changed from ₹200 to ₹140. What is the percentage decrease?
  39. 39.A watch costs ₹1100. It is sold at a 25% profit. What is the selling price (in ₹)?
  40. 40.What is 5% of 840?

Answer key

  1. 260
  2. 948
  3. 90
  4. 128
  5. 280
  6. 1740
  7. 50
  8. 1920
  9. 1080
  10. 240
  11. 2025
  12. 30
  13. 2625
  14. 175
  15. 1328
  16. 384
  17. 50
  18. 40
  19. 156
  20. 110
  21. 80
  22. 800
  23. 80
  24. 20
  25. 100
  26. 8364
  27. 40
  28. 5490
  29. 90
  30. 192
  31. 11692
  32. 54
  33. 3080
  34. 2300
  35. 1725
  36. 35
  37. 2
  38. 30
  39. 1375
  40. 42

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