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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 550 · 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.What is 80% of 440?
  2. 2.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1300. What is the loss (in ₹)?
  3. 3.A cycle costs ₹1200. It is sold at a 10% profit. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a fan for ₹2750 and sells it for ₹2600. What is the loss (in ₹)?
  5. 5.What is the simple interest on ₹2400 at 2% per year for 2 years (in ₹)?
  6. 6.A cycle costs ₹500. It is sold at a 40% loss. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a fan for ₹1350 and sells it for ₹1250. What is the loss (in ₹)?
  8. 8.What is the simple interest on ₹8100 at 10% per year for 4 years (in ₹)?
  9. 9.The price of a box of mangoes changed from ₹50 to ₹80. What is the percentage increase?
  10. 10.A shopkeeper buys a cooler for ₹2350 and sells it for ₹2190. What is the loss (in ₹)?
  11. 11.A table costs ₹1700. It is sold at a 15% loss. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1620. What is the profit (in ₹)?
  13. 13.A shopkeeper buys a watch for ₹2850 and sells it for ₹2830. What is the loss (in ₹)?
  14. 14.A cycle costs ₹2200. It is sold at a 12% loss. What is the selling price (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹9500 at 11% per year for 4 years (in ₹)?
  16. 16.The price of a bus pass changed from ₹100 to ₹50. What is the percentage decrease?
  17. 17.A cycle costs ₹2300. It is sold at a 25% loss. What is the selling price (in ₹)?
  18. 18.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹1890. What is the loss (in ₹)?
  19. 19.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹680. What is the loss (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹8200 at 7% per year for 3 years (in ₹)?
  21. 21.The price of a box of mangoes changed from ₹80 to ₹48. What is the percentage decrease?
  22. 22.The price of a cricket ball changed from ₹40 to ₹42. What is the percentage increase?
  23. 23.What is 55% of 760?
  24. 24.What is the simple interest on ₹2200 at 3% per year for 2 years (in ₹)?
  25. 25.A sewing machine costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
  26. 26.What is the simple interest on ₹1100 at 9% per year for 2 years (in ₹)?
  27. 27.The price of a school bag changed from ₹100 to ₹125. What is the percentage increase?
  28. 28.A shopkeeper buys a table for ₹350 and sells it for ₹340. What is the loss (in ₹)?
  29. 29.What is the simple interest on ₹8400 at 12% per year for 5 years (in ₹)?
  30. 30.A cooler costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹7000 at 10% per year for 1 year (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹2500 at 2% per year for 3 years (in ₹)?
  33. 33.A shopkeeper buys a mobile phone for ₹2950 and sells it for ₹2970. What is the profit (in ₹)?
  34. 34.The price of a water bottle changed from ₹80 to ₹8. What is the percentage decrease?
  35. 35.The price of a cricket ball changed from ₹100 to ₹130. What is the percentage increase?
  36. 36.What is 5% of 500?
  37. 37.What is the simple interest on ₹3800 at 8% per year for 2 years (in ₹)?
  38. 38.A shopkeeper buys a cooler for ₹1250 and sells it for ₹1480. What is the profit (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹5100 at 11% per year for 3 years (in ₹)?
  40. 40.A cricket kit costs ₹1200. It is sold at a 30% loss. What is the selling price (in ₹)?

Answer key

  1. 352
  2. 50
  3. 1320
  4. 150
  5. 96
  6. 300
  7. 100
  8. 3240
  9. 60
  10. 160
  11. 1445
  12. 20
  13. 20
  14. 1936
  15. 13680
  16. 50
  17. 1725
  18. 160
  19. 270
  20. 9922
  21. 40
  22. 5
  23. 418
  24. 132
  25. 1050
  26. 198
  27. 25
  28. 10
  29. 5040
  30. 4800
  31. 700
  32. 2650
  33. 20
  34. 90
  35. 30
  36. 25
  37. 608
  38. 230
  39. 6783
  40. 840

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