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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 428 · 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 80% of 80?
  2. 2.A cooler costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
  3. 3.A shopkeeper buys a fan for ₹550 and sells it for ₹380. What is the loss (in ₹)?
  4. 4.A shopkeeper buys a fan for ₹1100 and sells it for ₹1030. What is the loss (in ₹)?
  5. 5.The price of a school bag changed from ₹500 to ₹490. What is the percentage decrease?
  6. 6.A shopkeeper buys a cooler for ₹900 and sells it for ₹810. What is the loss (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹8600 at 5% per year for 2 years (in ₹)?
  8. 8.What is the simple interest on ₹5000 at 12% per year for 1 year (in ₹)?
  9. 9.A mobile phone costs ₹3400. It is sold at a 30% profit. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹4000 at 7% per year for 5 years (in ₹)?
  11. 11.The price of a bus pass changed from ₹400 to ₹396. What is the percentage decrease?
  12. 12.A shopkeeper buys a cooler for ₹1000 and sells it for ₹730. What is the loss (in ₹)?
  13. 13.What is 40% of 600?
  14. 14.A cycle costs ₹2700. It is sold at a 5% loss. What is the selling price (in ₹)?
  15. 15.What is 85% of 960?
  16. 16.A shopkeeper buys a cycle for ₹350 and sells it for ₹540. What is the profit (in ₹)?
  17. 17.A shopkeeper buys a table for ₹1050 and sells it for ₹760. What is the loss (in ₹)?
  18. 18.What is 70% of 1000?
  19. 19.What is the simple interest on ₹9700 at 5% per year for 2 years (in ₹)?
  20. 20.A watch costs ₹1600. It is sold at a 10% loss. What is the selling price (in ₹)?
  21. 21.A fan costs ₹1500. It is sold at a 10% profit. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a cycle for ₹2800 and sells it for ₹3070. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a fan for ₹700 and sells it for ₹590. What is the loss (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 2 years (in ₹)?
  25. 25.A mobile phone bought for ₹2600 is sold for ₹3120. What is the profit per cent?
  26. 26.A fan costs ₹1600. It is sold at a 50% profit. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a table for ₹1250 and sells it for ₹1410. What is the profit (in ₹)?
  28. 28.A cycle bought for ₹1800 is sold for ₹900. What is the loss per cent?
  29. 29.What is 55% of 700?
  30. 30.What is the simple interest on ₹5400 at 3% per year for 1 year (in ₹)?
  31. 31.A cooler costs ₹3300. It is sold at a 15% profit. What is the selling price (in ₹)?
  32. 32.A cooler bought for ₹3300 is sold for ₹3960. What is the profit per cent?
  33. 33.What is the simple interest on ₹1100 at 5% per year for 3 years (in ₹)?
  34. 34.A watch costs ₹2400. It is sold at a 50% profit. What is the selling price (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹3200 at 10% per year for 3 years (in ₹)?
  36. 36.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
  37. 37.A sewing machine bought for ₹1500 is sold for ₹2250. What is the profit per cent?
  38. 38.A cooler bought for ₹800 is sold for ₹400. What is the loss per cent?
  39. 39.A table bought for ₹3500 is sold for ₹4375. What is the profit per cent?
  40. 40.A mobile phone bought for ₹1300 is sold for ₹1170. What is the loss per cent?

Answer key

  1. 64
  2. 2520
  3. 170
  4. 70
  5. 2
  6. 90
  7. 9460
  8. 600
  9. 4420
  10. 5400
  11. 1
  12. 270
  13. 240
  14. 2565
  15. 816
  16. 190
  17. 290
  18. 700
  19. 970
  20. 1440
  21. 1650
  22. 270
  23. 110
  24. 9504
  25. 20
  26. 2400
  27. 160
  28. 50
  29. 385
  30. 162
  31. 3795
  32. 20
  33. 165
  34. 3600
  35. 4160
  36. 80
  37. 50
  38. 50
  39. 25
  40. 10

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