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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 529 · 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 ₹400 is sold for ₹320. What is the loss per cent?
  2. 2.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2150. What is the loss (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹7400 at 7% per year for 1 year (in ₹)?
  4. 4.A table bought for ₹600 is sold for ₹630. What is the profit per cent?
  5. 5.What is the amount (principal + simple interest) on ₹7900 at 2% per year for 5 years (in ₹)?
  6. 6.A cooler costs ₹2100. It is sold at a 50% profit. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a watch for ₹1150 and sells it for ₹1080. What is the loss (in ₹)?
  8. 8.The price of a cricket ball changed from ₹200 to ₹210. What is the percentage increase?
  9. 9.What is the amount (principal + simple interest) on ₹3700 at 10% per year for 4 years (in ₹)?
  10. 10.The price of a cricket ball changed from ₹200 to ₹360. What is the percentage increase?
  11. 11.A cooler costs ₹3700. It is sold at a 50% profit. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a cooler for ₹600 and sells it for ₹430. What is the loss (in ₹)?
  13. 13.A shopkeeper buys a table for ₹950 and sells it for ₹890. What is the loss (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹1100 at 4% per year for 2 years (in ₹)?
  15. 15.What is 30% of 520?
  16. 16.What is the amount (principal + simple interest) on ₹5900 at 11% per year for 3 years (in ₹)?
  17. 17.The price of a water bottle changed from ₹80 to ₹76. What is the percentage decrease?
  18. 18.A shopkeeper buys a fan for ₹1050 and sells it for ₹1330. What is the profit (in ₹)?
  19. 19.What is 25% of 520?
  20. 20.A cycle costs ₹3700. It is sold at a 50% loss. What is the selling price (in ₹)?
  21. 21.What is 70% of 600?
  22. 22.A shopkeeper buys a fan for ₹850 and sells it for ₹650. What is the loss (in ₹)?
  23. 23.A cycle costs ₹3300. It is sold at a 10% loss. What is the selling price (in ₹)?
  24. 24.A fan costs ₹1500. It is sold at a 30% profit. What is the selling price (in ₹)?
  25. 25.A cooler costs ₹900. It is sold at a 30% profit. What is the selling price (in ₹)?
  26. 26.What is the simple interest on ₹2100 at 8% per year for 2 years (in ₹)?
  27. 27.What is 25% of 660?
  28. 28.The price of a bus pass changed from ₹20 to ₹19. What is the percentage decrease?
  29. 29.What is 55% of 580?
  30. 30.A watch costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a watch for ₹2300 and sells it for ₹2190. What is the loss (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹2100 at 4% per year for 4 years (in ₹)?
  33. 33.A sewing machine bought for ₹2500 is sold for ₹1875. What is the loss per cent?
  34. 34.What is the amount (principal + simple interest) on ₹9700 at 2% per year for 5 years (in ₹)?
  35. 35.What is the simple interest on ₹4000 at 3% per year for 3 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹6800 at 4% per year for 5 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹7700 at 3% per year for 4 years (in ₹)?
  38. 38.The price of a pair of shoes changed from ₹20 to ₹24. What is the percentage increase?
  39. 39.A mobile phone costs ₹1100. It is sold at a 50% profit. What is the selling price (in ₹)?
  40. 40.What is 45% of 360?

Answer key

  1. 20
  2. 200
  3. 7918
  4. 5
  5. 8690
  6. 3150
  7. 70
  8. 5
  9. 5180
  10. 80
  11. 5550
  12. 170
  13. 60
  14. 1188
  15. 156
  16. 7847
  17. 5
  18. 280
  19. 130
  20. 1850
  21. 420
  22. 200
  23. 2970
  24. 1950
  25. 1170
  26. 336
  27. 165
  28. 5
  29. 319
  30. 1105
  31. 110
  32. 2436
  33. 25
  34. 10670
  35. 360
  36. 8160
  37. 8624
  38. 20
  39. 1650
  40. 162

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