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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 589 · 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 the amount (principal + simple interest) on ₹9000 at 8% per year for 4 years (in ₹)?
  2. 2.A cricket kit bought for ₹600 is sold for ₹660. What is the profit per cent?
  3. 3.A table bought for ₹1900 is sold for ₹1520. What is the loss per cent?
  4. 4.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
  5. 5.What is 15% of 400?
  6. 6.A watch costs ₹2000. It is sold at a 25% loss. What is the selling price (in ₹)?
  7. 7.The price of a bus pass changed from ₹250 to ₹475. What is the percentage increase?
  8. 8.What is 55% of 280?
  9. 9.What is 30% of 840?
  10. 10.The price of a box of mangoes changed from ₹20 to ₹22. What is the percentage increase?
  11. 11.A shopkeeper buys a table for ₹2900 and sells it for ₹3080. What is the profit (in ₹)?
  12. 12.A cooler bought for ₹800 is sold for ₹1040. What is the profit per cent?
  13. 13.A shopkeeper buys a mobile phone for ₹2600 and sells it for ₹2750. What is the profit (in ₹)?
  14. 14.A cooler bought for ₹3500 is sold for ₹2625. What is the loss per cent?
  15. 15.A table costs ₹3200. It is sold at a 15% profit. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2390. What is the loss (in ₹)?
  17. 17.A cycle bought for ₹2800 is sold for ₹3920. What is the profit per cent?
  18. 18.What is 90% of 100?
  19. 19.A table costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
  20. 20.What is the simple interest on ₹7400 at 2% per year for 4 years (in ₹)?
  21. 21.A shopkeeper buys a watch for ₹1500 and sells it for ₹1300. What is the loss (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹6900 at 6% per year for 2 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹9100 at 8% per year for 3 years (in ₹)?
  24. 24.A sewing machine costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
  25. 25.What is 90% of 700?
  26. 26.The price of a bus pass changed from ₹250 to ₹125. What is the percentage decrease?
  27. 27.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2980. What is the profit (in ₹)?
  28. 28.What is 30% of 760?
  29. 29.A shopkeeper buys a sewing machine for ₹1450 and sells it for ₹1380. What is the loss (in ₹)?
  30. 30.A mobile phone costs ₹2200. It is sold at a 15% loss. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹4300 at 10% per year for 2 years (in ₹)?
  32. 32.A fan costs ₹3900. It is sold at a 15% profit. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a cooler for ₹700 and sells it for ₹650. What is the loss (in ₹)?
  34. 34.What is the simple interest on ₹5900 at 8% per year for 3 years (in ₹)?
  35. 35.A watch bought for ₹1100 is sold for ₹1155. What is the profit per cent?
  36. 36.A shopkeeper buys a watch for ₹2200 and sells it for ₹2370. What is the profit (in ₹)?
  37. 37.A shopkeeper buys a fan for ₹550 and sells it for ₹700. What is the profit (in ₹)?
  38. 38.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1440. What is the profit (in ₹)?
  39. 39.The price of a school bag changed from ₹250 to ₹300. What is the percentage increase?
  40. 40.A cycle costs ₹2900. It is sold at a 50% loss. What is the selling price (in ₹)?

Answer key

  1. 11880
  2. 10
  3. 20
  4. 20
  5. 60
  6. 1500
  7. 90
  8. 154
  9. 252
  10. 10
  11. 180
  12. 30
  13. 150
  14. 25
  15. 3680
  16. 60
  17. 40
  18. 90
  19. 2730
  20. 592
  21. 200
  22. 7728
  23. 11284
  24. 390
  25. 630
  26. 50
  27. 180
  28. 228
  29. 70
  30. 1870
  31. 860
  32. 4485
  33. 50
  34. 1416
  35. 5
  36. 170
  37. 150
  38. 90
  39. 20
  40. 1450

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