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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 591 · 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 table for ₹2400 and sells it for ₹2280. What is the loss (in ₹)?
  2. 2.A cycle costs ₹3900. It is sold at a 20% profit. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹8700 at 10% per year for 4 years (in ₹)?
  4. 4.A mobile phone costs ₹200. It is sold at a 5% loss. What is the selling price (in ₹)?
  5. 5.The price of a water bottle changed from ₹500 to ₹800. What is the percentage increase?
  6. 6.What is the amount (principal + simple interest) on ₹6800 at 9% per year for 3 years (in ₹)?
  7. 7.The price of a water bottle changed from ₹250 to ₹245. What is the percentage decrease?
  8. 8.A cooler costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹8400 at 5% per year for 3 years (in ₹)?
  10. 10.What is the simple interest on ₹5900 at 6% per year for 4 years (in ₹)?
  11. 11.What is 5% of 640?
  12. 12.What is the simple interest on ₹1400 at 10% per year for 4 years (in ₹)?
  13. 13.A shopkeeper buys a watch for ₹1150 and sells it for ₹1140. What is the loss (in ₹)?
  14. 14.The price of a water bottle changed from ₹250 to ₹300. What is the percentage increase?
  15. 15.A mobile phone costs ₹2400. It is sold at a 50% profit. What is the selling price (in ₹)?
  16. 16.What is 70% of 320?
  17. 17.A shopkeeper buys a fan for ₹900 and sells it for ₹930. What is the profit (in ₹)?
  18. 18.What is 90% of 960?
  19. 19.A fan costs ₹2800. It is sold at a 30% profit. What is the selling price (in ₹)?
  20. 20.The price of a water bottle changed from ₹40 to ₹30. What is the percentage decrease?
  21. 21.The price of a box of mangoes changed from ₹200 to ₹220. What is the percentage increase?
  22. 22.A shopkeeper buys a cooler for ₹800 and sells it for ₹840. What is the profit (in ₹)?
  23. 23.A cooler bought for ₹1200 is sold for ₹1440. What is the profit per cent?
  24. 24.A fan costs ₹1500. It is sold at a 30% profit. What is the selling price (in ₹)?
  25. 25.A watch costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹4500 at 5% per year for 3 years (in ₹)?
  27. 27.What is 75% of 180?
  28. 28.A cricket kit bought for ₹3700 is sold for ₹3256. What is the loss per cent?
  29. 29.The price of a bus pass changed from ₹500 to ₹875. What is the percentage increase?
  30. 30.What is the simple interest on ₹9500 at 11% per year for 4 years (in ₹)?
  31. 31.What is 25% of 260?
  32. 32.What is 45% of 760?
  33. 33.What is 65% of 560?
  34. 34.A table costs ₹2900. It is sold at a 30% profit. What is the selling price (in ₹)?
  35. 35.What is 45% of 920?
  36. 36.A table bought for ₹3700 is sold for ₹3145. What is the loss per cent?
  37. 37.The price of a pair of shoes changed from ₹40 to ₹72. What is the percentage increase?
  38. 38.The price of a cricket ball changed from ₹50 to ₹60. What is the percentage increase?
  39. 39.What is 80% of 600?
  40. 40.What is 45% of 980?

Answer key

  1. 120
  2. 4680
  3. 3480
  4. 190
  5. 60
  6. 8636
  7. 2
  8. 1045
  9. 9660
  10. 1416
  11. 32
  12. 560
  13. 10
  14. 20
  15. 3600
  16. 224
  17. 30
  18. 864
  19. 3640
  20. 25
  21. 10
  22. 40
  23. 20
  24. 1950
  25. 840
  26. 5175
  27. 135
  28. 12
  29. 75
  30. 4180
  31. 65
  32. 342
  33. 364
  34. 3770
  35. 414
  36. 15
  37. 80
  38. 20
  39. 480
  40. 441

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