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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 54 · 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 ₹80 to ₹56. What is the percentage decrease?
  2. 2.A table costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
  3. 3.What is 90% of 620?
  4. 4.What is the amount (principal + simple interest) on ₹8700 at 12% per year for 2 years (in ₹)?
  5. 5.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3270. What is the profit (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹4600 at 2% per year for 4 years (in ₹)?
  7. 7.A sewing machine bought for ₹400 is sold for ₹380. What is the loss per cent?
  8. 8.A shopkeeper buys a table for ₹1550 and sells it for ₹1850. What is the profit (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹5000 at 11% per year for 5 years (in ₹)?
  10. 10.A shopkeeper buys a cricket kit for ₹1750 and sells it for ₹2010. What is the profit (in ₹)?
  11. 11.A shopkeeper buys a table for ₹750 and sells it for ₹470. What is the loss (in ₹)?
  12. 12.A fan costs ₹3200. It is sold at a 10% profit. What is the selling price (in ₹)?
  13. 13.A shopkeeper buys a cooler for ₹250 and sells it for ₹20. What is the loss (in ₹)?
  14. 14.A sewing machine bought for ₹1300 is sold for ₹780. What is the loss per cent?
  15. 15.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
  16. 16.What is the amount (principal + simple interest) on ₹5400 at 11% per year for 2 years (in ₹)?
  17. 17.What is 45% of 900?
  18. 18.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2560. What is the profit (in ₹)?
  19. 19.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1800. What is the profit (in ₹)?
  20. 20.A shopkeeper buys a cooler for ₹450 and sells it for ₹420. What is the loss (in ₹)?
  21. 21.A cycle costs ₹500. It is sold at a 30% profit. What is the selling price (in ₹)?
  22. 22.What is the simple interest on ₹6600 at 4% per year for 3 years (in ₹)?
  23. 23.What is 85% of 980?
  24. 24.A shopkeeper buys a fan for ₹1250 and sells it for ₹970. What is the loss (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹8000 at 11% per year for 2 years (in ₹)?
  26. 26.A mobile phone bought for ₹1400 is sold for ₹1470. What is the profit per cent?
  27. 27.What is the simple interest on ₹4700 at 8% per year for 5 years (in ₹)?
  28. 28.A shopkeeper buys a table for ₹2850 and sells it for ₹3020. What is the profit (in ₹)?
  29. 29.What is the simple interest on ₹4100 at 10% per year for 4 years (in ₹)?
  30. 30.What is 20% of 260?
  31. 31.A sewing machine costs ₹1600. It is sold at a 20% profit. What is the selling price (in ₹)?
  32. 32.A shopkeeper buys a cycle for ₹1150 and sells it for ₹1040. What is the loss (in ₹)?
  33. 33.A fan costs ₹1500. It is sold at a 12% loss. What is the selling price (in ₹)?
  34. 34.A cooler costs ₹3800. It is sold at a 50% loss. What is the selling price (in ₹)?
  35. 35.What is the simple interest on ₹2200 at 7% per year for 5 years (in ₹)?
  36. 36.A cricket kit bought for ₹1100 is sold for ₹825. What is the loss per cent?
  37. 37.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
  38. 38.What is the simple interest on ₹1900 at 5% per year for 4 years (in ₹)?
  39. 39.A watch bought for ₹4000 is sold for ₹2400. What is the loss per cent?
  40. 40.The price of a box of mangoes changed from ₹400 to ₹380. What is the percentage decrease?

Answer key

  1. 30
  2. 1760
  3. 558
  4. 10788
  5. 270
  6. 4968
  7. 5
  8. 300
  9. 7750
  10. 260
  11. 280
  12. 3520
  13. 230
  14. 40
  15. 40
  16. 6588
  17. 405
  18. 10
  19. 100
  20. 30
  21. 650
  22. 792
  23. 833
  24. 280
  25. 9760
  26. 5
  27. 1880
  28. 170
  29. 1640
  30. 52
  31. 1920
  32. 110
  33. 1320
  34. 1900
  35. 770
  36. 25
  37. 20
  38. 380
  39. 40
  40. 5

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