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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 419 · 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 40% of 140?
  2. 2.The price of a pair of shoes changed from ₹20 to ₹32. What is the percentage increase?
  3. 3.A fan bought for ₹1200 is sold for ₹1320. What is the profit per cent?
  4. 4.A cooler costs ₹600. It is sold at a 30% loss. What is the selling price (in ₹)?
  5. 5.What is 80% of 300?
  6. 6.What is the simple interest on ₹6700 at 12% per year for 2 years (in ₹)?
  7. 7.A shopkeeper buys a fan for ₹2750 and sells it for ₹3030. What is the profit (in ₹)?
  8. 8.What is the simple interest on ₹4400 at 6% per year for 4 years (in ₹)?
  9. 9.What is 80% of 100?
  10. 10.What is the amount (principal + simple interest) on ₹7100 at 6% per year for 3 years (in ₹)?
  11. 11.A shopkeeper buys a watch for ₹1700 and sells it for ₹1730. What is the profit (in ₹)?
  12. 12.A shopkeeper buys a cooler for ₹1650 and sells it for ₹1690. What is the profit (in ₹)?
  13. 13.A table bought for ₹3800 is sold for ₹4750. What is the profit per cent?
  14. 14.A sewing machine bought for ₹200 is sold for ₹140. What is the loss per cent?
  15. 15.What is the simple interest on ₹6300 at 7% per year for 3 years (in ₹)?
  16. 16.What is the simple interest on ₹2400 at 12% per year for 3 years (in ₹)?
  17. 17.What is 10% of 820?
  18. 18.A shopkeeper buys a cooler for ₹1800 and sells it for ₹1830. What is the profit (in ₹)?
  19. 19.What is the simple interest on ₹2300 at 7% per year for 3 years (in ₹)?
  20. 20.A table costs ₹3600. It is sold at a 20% loss. What is the selling price (in ₹)?
  21. 21.The price of a pair of shoes changed from ₹40 to ₹24. What is the percentage decrease?
  22. 22.A cycle bought for ₹2100 is sold for ₹2310. What is the profit per cent?
  23. 23.What is the simple interest on ₹5000 at 3% per year for 3 years (in ₹)?
  24. 24.A cricket kit bought for ₹3000 is sold for ₹4200. What is the profit per cent?
  25. 25.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹2020. What is the profit (in ₹)?
  26. 26.A shopkeeper buys a cooler for ₹700 and sells it for ₹990. What is the profit (in ₹)?
  27. 27.A fan costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
  28. 28.A fan costs ₹2500. It is sold at a 50% loss. What is the selling price (in ₹)?
  29. 29.A cycle bought for ₹1600 is sold for ₹1408. What is the loss per cent?
  30. 30.A fan bought for ₹800 is sold for ₹1000. What is the profit per cent?
  31. 31.A shopkeeper buys a cooler for ₹400 and sells it for ₹200. What is the loss (in ₹)?
  32. 32.A sewing machine costs ₹1200. It is sold at a 10% loss. What is the selling price (in ₹)?
  33. 33.What is 15% of 520?
  34. 34.What is the amount (principal + simple interest) on ₹4800 at 6% per year for 5 years (in ₹)?
  35. 35.A table costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
  36. 36.What is 35% of 560?
  37. 37.A cooler bought for ₹300 is sold for ₹336. What is the profit per cent?
  38. 38.A cycle bought for ₹3400 is sold for ₹3910. What is the profit per cent?
  39. 39.The price of a water bottle changed from ₹40 to ₹76. What is the percentage increase?
  40. 40.A fan bought for ₹3400 is sold for ₹2890. What is the loss per cent?

Answer key

  1. 56
  2. 60
  3. 10
  4. 420
  5. 240
  6. 1608
  7. 280
  8. 1056
  9. 80
  10. 8378
  11. 30
  12. 40
  13. 25
  14. 30
  15. 1323
  16. 864
  17. 82
  18. 30
  19. 483
  20. 2880
  21. 40
  22. 10
  23. 450
  24. 40
  25. 70
  26. 290
  27. 5320
  28. 1250
  29. 12
  30. 25
  31. 200
  32. 1080
  33. 78
  34. 6240
  35. 3990
  36. 196
  37. 12
  38. 15
  39. 90
  40. 15

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