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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 438 · 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.The price of a box of mangoes changed from ₹50 to ₹51. What is the percentage increase?
  2. 2.A watch bought for ₹700 is sold for ₹805. What is the profit per cent?
  3. 3.The price of a pair of shoes changed from ₹100 to ₹130. What is the percentage increase?
  4. 4.What is the simple interest on ₹8700 at 2% per year for 1 year (in ₹)?
  5. 5.A fan bought for ₹2300 is sold for ₹2990. What is the profit per cent?
  6. 6.A sewing machine costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
  7. 7.What is 60% of 720?
  8. 8.What is the amount (principal + simple interest) on ₹9400 at 2% per year for 2 years (in ₹)?
  9. 9.The price of a box of mangoes changed from ₹400 to ₹360. What is the percentage decrease?
  10. 10.A cycle costs ₹1800. It is sold at a 10% loss. What is the selling price (in ₹)?
  11. 11.A sewing machine bought for ₹1300 is sold for ₹1105. What is the loss per cent?
  12. 12.What is the simple interest on ₹1900 at 3% per year for 2 years (in ₹)?
  13. 13.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1620. What is the loss (in ₹)?
  14. 14.A cycle bought for ₹1700 is sold for ₹2125. What is the profit per cent?
  15. 15.A shopkeeper buys a cricket kit for ₹1300 and sells it for ₹1220. What is the loss (in ₹)?
  16. 16.A shopkeeper buys a cycle for ₹900 and sells it for ₹930. What is the profit (in ₹)?
  17. 17.The price of a water bottle changed from ₹200 to ₹180. What is the percentage decrease?
  18. 18.What is 60% of 740?
  19. 19.What is 95% of 460?
  20. 20.What is the simple interest on ₹1700 at 11% per year for 4 years (in ₹)?
  21. 21.A cooler bought for ₹1600 is sold for ₹1680. What is the profit per cent?
  22. 22.The price of a cricket ball changed from ₹500 to ₹650. What is the percentage increase?
  23. 23.A table costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a fan for ₹1450 and sells it for ₹1680. What is the profit (in ₹)?
  25. 25.What is the simple interest on ₹9300 at 3% per year for 3 years (in ₹)?
  26. 26.A table bought for ₹2100 is sold for ₹1890. What is the loss per cent?
  27. 27.A mobile phone costs ₹2000. It is sold at a 10% profit. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2530. What is the loss (in ₹)?
  29. 29.A fan bought for ₹1600 is sold for ₹1760. What is the profit per cent?
  30. 30.What is the simple interest on ₹2200 at 8% per year for 2 years (in ₹)?
  31. 31.What is 40% of 820?
  32. 32.The price of a water bottle changed from ₹80 to ₹16. What is the percentage decrease?
  33. 33.What is 65% of 820?
  34. 34.What is the simple interest on ₹7400 at 8% per year for 4 years (in ₹)?
  35. 35.The price of a box of mangoes changed from ₹500 to ₹200. What is the percentage decrease?
  36. 36.A cycle bought for ₹3400 is sold for ₹2890. What is the loss per cent?
  37. 37.What is the simple interest on ₹9900 at 12% per year for 1 year (in ₹)?
  38. 38.What is the simple interest on ₹2400 at 12% per year for 1 year (in ₹)?
  39. 39.A shopkeeper buys a watch for ₹550 and sells it for ₹260. What is the loss (in ₹)?
  40. 40.A shopkeeper buys a cooler for ₹200 and sells it for ₹240. What is the profit (in ₹)?

Answer key

  1. 2
  2. 15
  3. 30
  4. 174
  5. 30
  6. 5320
  7. 432
  8. 9776
  9. 10
  10. 1620
  11. 15
  12. 114
  13. 280
  14. 25
  15. 80
  16. 30
  17. 10
  18. 444
  19. 437
  20. 748
  21. 5
  22. 30
  23. 2100
  24. 230
  25. 837
  26. 10
  27. 2200
  28. 20
  29. 10
  30. 352
  31. 328
  32. 80
  33. 533
  34. 2368
  35. 60
  36. 15
  37. 1188
  38. 288
  39. 290
  40. 40

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