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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 443 · 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 cooler bought for ₹200 is sold for ₹170. What is the loss per cent?
  2. 2.What is the amount (principal + simple interest) on ₹9200 at 12% per year for 4 years (in ₹)?
  3. 3.What is 20% of 60?
  4. 4.What is the simple interest on ₹3700 at 8% per year for 3 years (in ₹)?
  5. 5.What is the simple interest on ₹500 at 9% per year for 3 years (in ₹)?
  6. 6.A shopkeeper buys a mobile phone for ₹1950 and sells it for ₹1700. What is the loss (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹9800 at 5% per year for 2 years (in ₹)?
  8. 8.What is the simple interest on ₹6800 at 7% per year for 1 year (in ₹)?
  9. 9.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2400. What is the profit (in ₹)?
  10. 10.A fan bought for ₹3900 is sold for ₹4875. What is the profit per cent?
  11. 11.What is 25% of 420?
  12. 12.What is 80% of 60?
  13. 13.A table costs ₹3300. It is sold at a 5% loss. What is the selling price (in ₹)?
  14. 14.A table costs ₹500. It is sold at a 25% profit. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹1900 at 5% per year for 4 years (in ₹)?
  16. 16.What is the simple interest on ₹6100 at 2% per year for 4 years (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹4700 at 5% per year for 1 year (in ₹)?
  18. 18.A cycle costs ₹3400. It is sold at a 25% loss. What is the selling price (in ₹)?
  19. 19.The price of a box of mangoes changed from ₹20 to ₹32. What is the percentage increase?
  20. 20.A fan bought for ₹1000 is sold for ₹1300. What is the profit per cent?
  21. 21.What is 5% of 700?
  22. 22.A watch costs ₹2100. It is sold at a 30% profit. What is the selling price (in ₹)?
  23. 23.The price of a cricket ball changed from ₹100 to ₹180. What is the percentage increase?
  24. 24.The price of a school bag changed from ₹80 to ₹144. What is the percentage increase?
  25. 25.A cycle costs ₹400. It is sold at a 50% loss. What is the selling price (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹5500 at 12% per year for 2 years (in ₹)?
  27. 27.A shopkeeper buys a fan for ₹2950 and sells it for ₹2800. What is the loss (in ₹)?
  28. 28.A cricket kit bought for ₹1700 is sold for ₹850. What is the loss per cent?
  29. 29.The price of a pair of shoes changed from ₹200 to ₹196. What is the percentage decrease?
  30. 30.What is the simple interest on ₹4300 at 2% per year for 4 years (in ₹)?
  31. 31.A cooler costs ₹2200. It is sold at a 20% loss. What is the selling price (in ₹)?
  32. 32.A watch costs ₹2800. It is sold at a 5% profit. What is the selling price (in ₹)?
  33. 33.What is 80% of 880?
  34. 34.A sewing machine bought for ₹500 is sold for ₹625. What is the profit per cent?
  35. 35.What is 5% of 580?
  36. 36.The price of a box of mangoes changed from ₹500 to ₹250. What is the percentage decrease?
  37. 37.A cycle costs ₹2800. It is sold at a 40% profit. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a cycle for ₹2950 and sells it for ₹2860. What is the loss (in ₹)?
  39. 39.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
  40. 40.A shopkeeper buys a sewing machine for ₹2300 and sells it for ₹2460. What is the profit (in ₹)?

Answer key

  1. 15
  2. 13616
  3. 12
  4. 888
  5. 135
  6. 250
  7. 10780
  8. 476
  9. 100
  10. 25
  11. 105
  12. 48
  13. 3135
  14. 625
  15. 380
  16. 488
  17. 4935
  18. 2550
  19. 60
  20. 30
  21. 35
  22. 2730
  23. 80
  24. 80
  25. 200
  26. 6820
  27. 150
  28. 50
  29. 2
  30. 344
  31. 1760
  32. 2940
  33. 704
  34. 25
  35. 29
  36. 50
  37. 3920
  38. 90
  39. 40
  40. 160

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