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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 441 · 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 cycle bought for ₹2000 is sold for ₹2200. What is the profit per cent?
  2. 2.A watch costs ₹600. It is sold at a 50% loss. What is the selling price (in ₹)?
  3. 3.A cooler costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
  4. 4.What is the simple interest on ₹2800 at 12% per year for 4 years (in ₹)?
  5. 5.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
  6. 6.A fan bought for ₹3300 is sold for ₹2640. What is the loss per cent?
  7. 7.What is 95% of 820?
  8. 8.A fan bought for ₹3100 is sold for ₹3410. What is the profit per cent?
  9. 9.What is the simple interest on ₹700 at 4% per year for 5 years (in ₹)?
  10. 10.A shopkeeper buys a table for ₹1100 and sells it for ₹820. What is the loss (in ₹)?
  11. 11.A shopkeeper buys a fan for ₹1000 and sells it for ₹810. What is the loss (in ₹)?
  12. 12.What is 5% of 640?
  13. 13.The price of a cricket ball changed from ₹40 to ₹38. What is the percentage decrease?
  14. 14.A cycle costs ₹700. It is sold at a 20% profit. What is the selling price (in ₹)?
  15. 15.A fan costs ₹600. It is sold at a 12% loss. What is the selling price (in ₹)?
  16. 16.The price of a water bottle changed from ₹50 to ₹70. What is the percentage increase?
  17. 17.What is 90% of 200?
  18. 18.A cooler costs ₹200. It is sold at a 50% profit. What is the selling price (in ₹)?
  19. 19.The price of a box of mangoes changed from ₹250 to ₹125. What is the percentage decrease?
  20. 20.The price of a box of mangoes changed from ₹100 to ₹60. What is the percentage decrease?
  21. 21.A shopkeeper buys a cooler for ₹800 and sells it for ₹830. What is the profit (in ₹)?
  22. 22.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2480. What is the loss (in ₹)?
  23. 23.A cooler costs ₹700. It is sold at a 20% profit. What is the selling price (in ₹)?
  24. 24.A cycle costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
  25. 25.What is 5% of 380?
  26. 26.What is the amount (principal + simple interest) on ₹7900 at 3% per year for 5 years (in ₹)?
  27. 27.A cricket kit costs ₹2600. It is sold at a 20% loss. What is the selling price (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹7400 at 2% per year for 4 years (in ₹)?
  29. 29.A table costs ₹1600. It is sold at a 10% loss. What is the selling price (in ₹)?
  30. 30.A mobile phone bought for ₹3500 is sold for ₹2625. What is the loss per cent?
  31. 31.The price of a bus pass changed from ₹200 to ₹220. What is the percentage increase?
  32. 32.A fan bought for ₹700 is sold for ₹560. What is the loss per cent?
  33. 33.What is the simple interest on ₹5000 at 10% per year for 5 years (in ₹)?
  34. 34.What is the simple interest on ₹8000 at 7% per year for 4 years (in ₹)?
  35. 35.What is 10% of 760?
  36. 36.A table costs ₹2800. It is sold at a 25% loss. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹9200 at 4% per year for 4 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹7100 at 12% per year for 1 year (in ₹)?
  39. 39.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1670. What is the profit (in ₹)?
  40. 40.A fan bought for ₹2000 is sold for ₹1900. What is the loss per cent?

Answer key

  1. 10
  2. 300
  3. 1710
  4. 1344
  5. 40
  6. 20
  7. 779
  8. 10
  9. 140
  10. 280
  11. 190
  12. 32
  13. 5
  14. 840
  15. 528
  16. 40
  17. 180
  18. 300
  19. 50
  20. 40
  21. 30
  22. 20
  23. 840
  24. 1350
  25. 19
  26. 9085
  27. 2080
  28. 7992
  29. 1440
  30. 25
  31. 10
  32. 20
  33. 2500
  34. 2240
  35. 76
  36. 2100
  37. 10672
  38. 7952
  39. 20
  40. 5

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