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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 494 · 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 fan costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
  2. 2.What is 55% of 220?
  3. 3.A shopkeeper buys a watch for ₹2400 and sells it for ₹2600. What is the profit (in ₹)?
  4. 4.A table costs ₹1700. It is sold at a 20% loss. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹8200 at 3% per year for 5 years (in ₹)?
  6. 6.What is 75% of 520?
  7. 7.A shopkeeper buys a watch for ₹1800 and sells it for ₹1510. What is the loss (in ₹)?
  8. 8.A table bought for ₹2600 is sold for ₹1300. What is the loss per cent?
  9. 9.A cycle costs ₹800. It is sold at a 20% loss. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹1400 at 5% per year for 1 year (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹7400 at 8% per year for 4 years (in ₹)?
  12. 12.The price of a bus pass changed from ₹20 to ₹16. What is the percentage decrease?
  13. 13.A mobile phone bought for ₹2700 is sold for ₹3105. What is the profit per cent?
  14. 14.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2630. What is the loss (in ₹)?
  15. 15.What is the simple interest on ₹2000 at 7% per year for 3 years (in ₹)?
  16. 16.The price of a school bag changed from ₹400 to ₹200. What is the percentage decrease?
  17. 17.The price of a box of mangoes changed from ₹400 to ₹408. What is the percentage increase?
  18. 18.What is 40% of 440?
  19. 19.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹1930. What is the loss (in ₹)?
  20. 20.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹690. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a cycle for ₹950 and sells it for ₹890. What is the loss (in ₹)?
  22. 22.A shopkeeper buys a table for ₹600 and sells it for ₹800. What is the profit (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹4200 at 12% per year for 5 years (in ₹)?
  24. 24.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹170. What is the loss (in ₹)?
  25. 25.What is 25% of 540?
  26. 26.A sewing machine costs ₹2100. It is sold at a 10% loss. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹2100 at 2% per year for 5 years (in ₹)?
  28. 28.What is 70% of 400?
  29. 29.The price of a cricket ball changed from ₹80 to ₹88. What is the percentage increase?
  30. 30.What is 95% of 300?
  31. 31.What is 75% of 40?
  32. 32.What is the simple interest on ₹4200 at 11% per year for 2 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹8200 at 10% per year for 4 years (in ₹)?
  34. 34.A cycle costs ₹3700. It is sold at a 25% loss. What is the selling price (in ₹)?
  35. 35.What is 20% of 160?
  36. 36.A sewing machine costs ₹900. It is sold at a 12% profit. What is the selling price (in ₹)?
  37. 37.A sewing machine bought for ₹1800 is sold for ₹1440. What is the loss per cent?
  38. 38.A sewing machine costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
  39. 39.A watch bought for ₹3000 is sold for ₹3360. What is the profit per cent?
  40. 40.A sewing machine costs ₹2300. It is sold at a 30% loss. What is the selling price (in ₹)?

Answer key

  1. 880
  2. 121
  3. 200
  4. 1360
  5. 9430
  6. 390
  7. 290
  8. 50
  9. 640
  10. 1470
  11. 9768
  12. 20
  13. 15
  14. 20
  15. 420
  16. 50
  17. 2
  18. 176
  19. 70
  20. 10
  21. 60
  22. 200
  23. 6720
  24. 280
  25. 135
  26. 1890
  27. 210
  28. 280
  29. 10
  30. 285
  31. 30
  32. 924
  33. 11480
  34. 2775
  35. 32
  36. 1008
  37. 20
  38. 4800
  39. 12
  40. 1610

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