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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 576 · 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 cycle bought for ₹200 is sold for ₹160. What is the loss per cent?
  2. 2.A mobile phone bought for ₹4000 is sold for ₹3520. What is the loss per cent?
  3. 3.The price of a bus pass changed from ₹200 to ₹350. What is the percentage increase?
  4. 4.A shopkeeper buys a cooler for ₹300 and sells it for ₹140. What is the loss (in ₹)?
  5. 5.The price of a school bag changed from ₹400 to ₹640. What is the percentage increase?
  6. 6.What is the simple interest on ₹1700 at 4% per year for 3 years (in ₹)?
  7. 7.What is the simple interest on ₹2700 at 7% per year for 3 years (in ₹)?
  8. 8.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1400. What is the profit (in ₹)?
  9. 9.The price of a pair of shoes changed from ₹200 to ₹250. What is the percentage increase?
  10. 10.A cooler bought for ₹2000 is sold for ₹1800. What is the loss per cent?
  11. 11.A sewing machine costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
  12. 12.A cycle bought for ₹3100 is sold for ₹2635. What is the loss per cent?
  13. 13.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1170. What is the profit (in ₹)?
  14. 14.A mobile phone bought for ₹2900 is sold for ₹4060. What is the profit per cent?
  15. 15.A cricket kit costs ₹3400. It is sold at a 15% loss. What is the selling price (in ₹)?
  16. 16.What is the simple interest on ₹5200 at 12% per year for 2 years (in ₹)?
  17. 17.What is 15% of 80?
  18. 18.A watch costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
  19. 19.A fan bought for ₹3300 is sold for ₹2805. What is the loss per cent?
  20. 20.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹860. What is the profit (in ₹)?
  21. 21.What is 85% of 940?
  22. 22.A cycle bought for ₹2200 is sold for ₹3080. What is the profit per cent?
  23. 23.What is the amount (principal + simple interest) on ₹7000 at 2% per year for 5 years (in ₹)?
  24. 24.A cooler costs ₹2900. It is sold at a 50% loss. What is the selling price (in ₹)?
  25. 25.A mobile phone costs ₹400. It is sold at a 40% profit. What is the selling price (in ₹)?
  26. 26.What is the simple interest on ₹3100 at 9% per year for 5 years (in ₹)?
  27. 27.The price of a box of mangoes changed from ₹25 to ₹30. What is the percentage increase?
  28. 28.What is the simple interest on ₹3400 at 6% per year for 3 years (in ₹)?
  29. 29.What is 95% of 280?
  30. 30.The price of a pair of shoes changed from ₹40 to ₹20. What is the percentage decrease?
  31. 31.What is the simple interest on ₹3000 at 3% per year for 5 years (in ₹)?
  32. 32.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1580. What is the loss (in ₹)?
  33. 33.What is 30% of 640?
  34. 34.What is the simple interest on ₹1800 at 2% per year for 5 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹3400 at 9% per year for 4 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹4600 at 9% per year for 1 year (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹2600 at 8% per year for 2 years (in ₹)?
  38. 38.The price of a school bag changed from ₹100 to ₹95. What is the percentage decrease?
  39. 39.The price of a cricket ball changed from ₹80 to ₹20. What is the percentage decrease?
  40. 40.A shopkeeper buys a watch for ₹2600 and sells it for ₹2490. What is the loss (in ₹)?

Answer key

  1. 20
  2. 12
  3. 75
  4. 160
  5. 60
  6. 204
  7. 567
  8. 50
  9. 25
  10. 10
  11. 3024
  12. 15
  13. 120
  14. 40
  15. 2890
  16. 1248
  17. 12
  18. 448
  19. 15
  20. 160
  21. 799
  22. 40
  23. 7700
  24. 1450
  25. 560
  26. 1395
  27. 20
  28. 612
  29. 266
  30. 50
  31. 450
  32. 120
  33. 192
  34. 180
  35. 4624
  36. 5014
  37. 3016
  38. 5
  39. 75
  40. 110

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