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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 560 · 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 shopkeeper buys a cricket kit for ₹2100 and sells it for ₹2040. What is the loss (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹2400 at 12% per year for 5 years (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹6500 at 10% per year for 3 years (in ₹)?
  4. 4.What is 45% of 1000?
  5. 5.A mobile phone bought for ₹3900 is sold for ₹4290. What is the profit per cent?
  6. 6.What is the amount (principal + simple interest) on ₹3900 at 11% per year for 5 years (in ₹)?
  7. 7.What is 80% of 300?
  8. 8.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1590. What is the loss (in ₹)?
  9. 9.What is the simple interest on ₹2600 at 8% per year for 2 years (in ₹)?
  10. 10.A cycle bought for ₹900 is sold for ₹855. What is the loss per cent?
  11. 11.What is 5% of 680?
  12. 12.The price of a box of mangoes changed from ₹40 to ₹52. What is the percentage increase?
  13. 13.The price of a pair of shoes changed from ₹50 to ₹95. What is the percentage increase?
  14. 14.A fan bought for ₹3400 is sold for ₹4420. What is the profit per cent?
  15. 15.The price of a school bag changed from ₹80 to ₹120. What is the percentage increase?
  16. 16.A shopkeeper buys a watch for ₹400 and sells it for ₹540. What is the profit (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹7300 at 12% per year for 2 years (in ₹)?
  18. 18.What is the simple interest on ₹5400 at 12% per year for 5 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹1500 at 11% per year for 2 years (in ₹)?
  20. 20.A shopkeeper buys a table for ₹2700 and sells it for ₹2480. What is the loss (in ₹)?
  21. 21.What is 60% of 260?
  22. 22.A cycle costs ₹3000. It is sold at a 25% profit. What is the selling price (in ₹)?
  23. 23.A sewing machine costs ₹2300. It is sold at a 20% profit. What is the selling price (in ₹)?
  24. 24.What is 20% of 680?
  25. 25.What is the simple interest on ₹8200 at 5% per year for 1 year (in ₹)?
  26. 26.A shopkeeper buys a cooler for ₹900 and sells it for ₹1180. What is the profit (in ₹)?
  27. 27.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2640. What is the loss (in ₹)?
  28. 28.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹20. What is the loss (in ₹)?
  29. 29.A mobile phone costs ₹1000. It is sold at a 5% loss. What is the selling price (in ₹)?
  30. 30.The price of a cricket ball changed from ₹250 to ₹475. What is the percentage increase?
  31. 31.What is 65% of 900?
  32. 32.A table costs ₹3600. It is sold at a 20% loss. What is the selling price (in ₹)?
  33. 33.The price of a bus pass changed from ₹500 to ₹550. What is the percentage increase?
  34. 34.What is 20% of 760?
  35. 35.The price of a water bottle changed from ₹200 to ₹350. What is the percentage increase?
  36. 36.A cycle costs ₹200. It is sold at a 12% profit. What is the selling price (in ₹)?
  37. 37.The price of a school bag changed from ₹200 to ₹300. What is the percentage increase?
  38. 38.The price of a school bag changed from ₹20 to ₹2. What is the percentage decrease?
  39. 39.What is the amount (principal + simple interest) on ₹3300 at 2% per year for 5 years (in ₹)?
  40. 40.What is 90% of 80?

Answer key

  1. 60
  2. 3840
  3. 8450
  4. 450
  5. 10
  6. 6045
  7. 240
  8. 10
  9. 416
  10. 5
  11. 34
  12. 30
  13. 90
  14. 30
  15. 50
  16. 140
  17. 9052
  18. 3240
  19. 1830
  20. 220
  21. 156
  22. 3750
  23. 2760
  24. 136
  25. 410
  26. 280
  27. 10
  28. 180
  29. 950
  30. 90
  31. 585
  32. 2880
  33. 10
  34. 152
  35. 75
  36. 224
  37. 50
  38. 90
  39. 3630
  40. 72

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