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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 552 · 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 sewing machine bought for ₹3400 is sold for ₹2890. What is the loss per cent?
  2. 2.The price of a box of mangoes changed from ₹20 to ₹35. What is the percentage increase?
  3. 3.A watch costs ₹1500. It is sold at a 25% profit. What is the selling price (in ₹)?
  4. 4.A cycle costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
  5. 5.A sewing machine bought for ₹500 is sold for ₹560. What is the profit per cent?
  6. 6.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
  7. 7.What is the simple interest on ₹8900 at 4% per year for 1 year (in ₹)?
  8. 8.The price of a water bottle changed from ₹250 to ₹225. What is the percentage decrease?
  9. 9.A mobile phone bought for ₹2700 is sold for ₹3240. What is the profit per cent?
  10. 10.What is 15% of 360?
  11. 11.What is 15% of 100?
  12. 12.A table costs ₹1300. It is sold at a 12% profit. What is the selling price (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹7600 at 9% per year for 2 years (in ₹)?
  14. 14.A shopkeeper buys a sewing machine for ₹2700 and sells it for ₹2610. What is the loss (in ₹)?
  15. 15.A cricket kit costs ₹1400. It is sold at a 50% loss. What is the selling price (in ₹)?
  16. 16.The price of a box of mangoes changed from ₹250 to ₹245. What is the percentage decrease?
  17. 17.A shopkeeper buys a cooler for ₹850 and sells it for ₹840. What is the loss (in ₹)?
  18. 18.A shopkeeper buys a fan for ₹1050 and sells it for ₹1040. What is the loss (in ₹)?
  19. 19.What is the simple interest on ₹9600 at 11% per year for 3 years (in ₹)?
  20. 20.A watch costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
  21. 21.What is 15% of 900?
  22. 22.What is 55% of 520?
  23. 23.What is the simple interest on ₹4800 at 7% per year for 2 years (in ₹)?
  24. 24.A table costs ₹3800. It is sold at a 30% profit. What is the selling price (in ₹)?
  25. 25.A cooler bought for ₹1000 is sold for ₹1250. What is the profit per cent?
  26. 26.What is the amount (principal + simple interest) on ₹1700 at 10% per year for 5 years (in ₹)?
  27. 27.A shopkeeper buys a cooler for ₹2200 and sells it for ₹2080. What is the loss (in ₹)?
  28. 28.A cooler bought for ₹3400 is sold for ₹3808. What is the profit per cent?
  29. 29.What is the simple interest on ₹2700 at 3% per year for 3 years (in ₹)?
  30. 30.The price of a school bag changed from ₹20 to ₹30. What is the percentage increase?
  31. 31.A table bought for ₹2500 is sold for ₹1250. What is the loss per cent?
  32. 32.What is the amount (principal + simple interest) on ₹8200 at 6% per year for 5 years (in ₹)?
  33. 33.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹2910. What is the profit (in ₹)?
  34. 34.What is 30% of 780?
  35. 35.A table bought for ₹2900 is sold for ₹4350. What is the profit per cent?
  36. 36.What is the simple interest on ₹2400 at 10% per year for 2 years (in ₹)?
  37. 37.What is 15% of 920?
  38. 38.A shopkeeper buys a cycle for ₹850 and sells it for ₹1060. What is the profit (in ₹)?
  39. 39.A watch costs ₹3700. It is sold at a 20% profit. What is the selling price (in ₹)?
  40. 40.What is 75% of 340?

Answer key

  1. 15
  2. 75
  3. 1875
  4. 2945
  5. 12
  6. 80
  7. 356
  8. 10
  9. 20
  10. 54
  11. 15
  12. 1456
  13. 8968
  14. 90
  15. 700
  16. 2
  17. 10
  18. 10
  19. 3168
  20. 330
  21. 135
  22. 286
  23. 672
  24. 4940
  25. 25
  26. 2550
  27. 120
  28. 12
  29. 243
  30. 50
  31. 50
  32. 10660
  33. 10
  34. 234
  35. 50
  36. 480
  37. 138
  38. 210
  39. 4440
  40. 255

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