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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 556 · 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 ₹500 to ₹650. What is the percentage increase?
  2. 2.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
  3. 3.A table bought for ₹2800 is sold for ₹2940. What is the profit per cent?
  4. 4.What is 65% of 820?
  5. 5.A fan costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
  6. 6.A cycle bought for ₹3500 is sold for ₹3850. What is the profit per cent?
  7. 7.What is 45% of 320?
  8. 8.A shopkeeper buys a cooler for ₹1650 and sells it for ₹1780. What is the profit (in ₹)?
  9. 9.What is 85% of 60?
  10. 10.What is the simple interest on ₹8100 at 11% per year for 2 years (in ₹)?
  11. 11.What is 45% of 240?
  12. 12.The price of a cricket ball changed from ₹50 to ₹95. What is the percentage increase?
  13. 13.A cricket kit costs ₹2800. It is sold at a 5% profit. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹1950. What is the loss (in ₹)?
  15. 15.The price of a water bottle changed from ₹20 to ₹2. What is the percentage decrease?
  16. 16.What is the simple interest on ₹9700 at 5% per year for 3 years (in ₹)?
  17. 17.A shopkeeper buys a table for ₹1100 and sells it for ₹1380. What is the profit (in ₹)?
  18. 18.The price of a cricket ball changed from ₹25 to ₹15. What is the percentage decrease?
  19. 19.What is 70% of 140?
  20. 20.A cooler bought for ₹2300 is sold for ₹1150. What is the loss per cent?
  21. 21.What is the simple interest on ₹3200 at 4% per year for 1 year (in ₹)?
  22. 22.A table bought for ₹1300 is sold for ₹1170. What is the loss per cent?
  23. 23.A sewing machine bought for ₹2300 is sold for ₹1725. What is the loss per cent?
  24. 24.What is the amount (principal + simple interest) on ₹600 at 9% per year for 3 years (in ₹)?
  25. 25.A mobile phone bought for ₹2900 is sold for ₹3770. What is the profit per cent?
  26. 26.What is 80% of 760?
  27. 27.What is the simple interest on ₹2500 at 3% per year for 4 years (in ₹)?
  28. 28.A shopkeeper buys a fan for ₹1150 and sells it for ₹1420. What is the profit (in ₹)?
  29. 29.What is 80% of 840?
  30. 30.A shopkeeper buys a table for ₹1950 and sells it for ₹2210. What is the profit (in ₹)?
  31. 31.A cycle costs ₹1800. It is sold at a 50% profit. What is the selling price (in ₹)?
  32. 32.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹1710. What is the loss (in ₹)?
  33. 33.A fan costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
  34. 34.The price of a cricket ball changed from ₹200 to ₹204. What is the percentage increase?
  35. 35.A sewing machine bought for ₹3700 is sold for ₹3885. What is the profit per cent?
  36. 36.A cooler bought for ₹1200 is sold for ₹1080. What is the loss per cent?
  37. 37.A watch costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
  38. 38.What is 40% of 80?
  39. 39.A shopkeeper buys a watch for ₹2600 and sells it for ₹2610. What is the profit (in ₹)?
  40. 40.A shopkeeper buys a cycle for ₹2750 and sells it for ₹2480. What is the loss (in ₹)?

Answer key

  1. 30
  2. 20
  3. 5
  4. 533
  5. 3570
  6. 10
  7. 144
  8. 130
  9. 51
  10. 1782
  11. 108
  12. 90
  13. 2940
  14. 250
  15. 90
  16. 1455
  17. 280
  18. 40
  19. 98
  20. 50
  21. 128
  22. 10
  23. 25
  24. 762
  25. 30
  26. 608
  27. 300
  28. 270
  29. 672
  30. 260
  31. 2700
  32. 290
  33. 855
  34. 2
  35. 5
  36. 10
  37. 910
  38. 32
  39. 10
  40. 270

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