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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 548 · 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 pair of shoes changed from ₹100 to ₹110. What is the percentage increase?
  2. 2.What is 70% of 120?
  3. 3.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1400. What is the profit (in ₹)?
  4. 4.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹3030. What is the profit (in ₹)?
  5. 5.What is 80% of 540?
  6. 6.A shopkeeper buys a fan for ₹1500 and sells it for ₹1540. What is the profit (in ₹)?
  7. 7.What is 35% of 880?
  8. 8.A sewing machine bought for ₹3000 is sold for ₹3300. What is the profit per cent?
  9. 9.The price of a pair of shoes changed from ₹250 to ₹245. What is the percentage decrease?
  10. 10.A cycle bought for ₹3900 is sold for ₹4095. What is the profit per cent?
  11. 11.What is 35% of 60?
  12. 12.The price of a box of mangoes changed from ₹20 to ₹22. What is the percentage increase?
  13. 13.A cycle bought for ₹2400 is sold for ₹2760. What is the profit per cent?
  14. 14.A shopkeeper buys a fan for ₹2400 and sells it for ₹2450. What is the profit (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹2100 at 10% per year for 5 years (in ₹)?
  16. 16.A shopkeeper buys a watch for ₹2000 and sells it for ₹2290. What is the profit (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹9400 at 7% per year for 2 years (in ₹)?
  18. 18.What is the simple interest on ₹7900 at 3% per year for 5 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹5000 at 10% per year for 3 years (in ₹)?
  20. 20.What is 5% of 200?
  21. 21.What is the simple interest on ₹2700 at 8% per year for 1 year (in ₹)?
  22. 22.A mobile phone costs ₹400. It is sold at a 15% loss. What is the selling price (in ₹)?
  23. 23.A cricket kit bought for ₹1300 is sold for ₹910. What is the loss per cent?
  24. 24.A shopkeeper buys a cooler for ₹2600 and sells it for ₹2860. What is the profit (in ₹)?
  25. 25.A fan costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹800 at 5% per year for 1 year (in ₹)?
  27. 27.A shopkeeper buys a watch for ₹1200 and sells it for ₹1040. What is the loss (in ₹)?
  28. 28.The price of a school bag changed from ₹250 to ₹200. What is the percentage decrease?
  29. 29.What is the simple interest on ₹3700 at 4% per year for 1 year (in ₹)?
  30. 30.The price of a cricket ball changed from ₹80 to ₹40. What is the percentage decrease?
  31. 31.A sewing machine bought for ₹400 is sold for ₹380. What is the loss per cent?
  32. 32.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1150. What is the loss (in ₹)?
  33. 33.A shopkeeper buys a fan for ₹300 and sells it for ₹570. What is the profit (in ₹)?
  34. 34.The price of a box of mangoes changed from ₹500 to ₹800. What is the percentage increase?
  35. 35.What is 95% of 220?
  36. 36.What is the amount (principal + simple interest) on ₹8400 at 2% per year for 5 years (in ₹)?
  37. 37.What is 45% of 260?
  38. 38.The price of a pair of shoes changed from ₹200 to ₹120. What is the percentage decrease?
  39. 39.What is the amount (principal + simple interest) on ₹2900 at 8% per year for 1 year (in ₹)?
  40. 40.What is the simple interest on ₹5500 at 4% per year for 1 year (in ₹)?

Answer key

  1. 10
  2. 84
  3. 150
  4. 130
  5. 432
  6. 40
  7. 308
  8. 10
  9. 2
  10. 5
  11. 21
  12. 10
  13. 15
  14. 50
  15. 3150
  16. 290
  17. 10716
  18. 1185
  19. 6500
  20. 10
  21. 216
  22. 340
  23. 30
  24. 260
  25. 315
  26. 840
  27. 160
  28. 20
  29. 148
  30. 50
  31. 5
  32. 200
  33. 270
  34. 60
  35. 209
  36. 9240
  37. 117
  38. 40
  39. 3132
  40. 220

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