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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 592 · 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.

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  1. 1.What is 45% of 340?
  2. 2.The price of a box of mangoes changed from ₹50 to ₹40. What is the percentage decrease?
  3. 3.What is 10% of 980?
  4. 4.What is the amount (principal + simple interest) on ₹7100 at 3% per year for 2 years (in ₹)?
  5. 5.The price of a water bottle changed from ₹50 to ₹51. What is the percentage increase?
  6. 6.A shopkeeper buys a fan for ₹250 and sells it for ₹300. What is the profit (in ₹)?
  7. 7.A mobile phone costs ₹2000. It is sold at a 50% profit. What is the selling price (in ₹)?
  8. 8.The price of a water bottle changed from ₹80 to ₹144. What is the percentage increase?
  9. 9.A shopkeeper buys a table for ₹800 and sells it for ₹540. What is the loss (in ₹)?
  10. 10.What is 60% of 280?
  11. 11.A shopkeeper buys a cycle for ₹950 and sells it for ₹1110. What is the profit (in ₹)?
  12. 12.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹290. What is the profit (in ₹)?
  13. 13.The price of a bus pass changed from ₹20 to ₹24. What is the percentage increase?
  14. 14.A cooler bought for ₹3500 is sold for ₹3850. What is the profit per cent?
  15. 15.A cooler bought for ₹3300 is sold for ₹3135. What is the loss per cent?
  16. 16.A watch bought for ₹1000 is sold for ₹1200. What is the profit per cent?
  17. 17.A cricket kit costs ₹500. It is sold at a 50% profit. What is the selling price (in ₹)?
  18. 18.A fan costs ₹2500. It is sold at a 15% loss. What is the selling price (in ₹)?
  19. 19.What is 25% of 800?
  20. 20.What is the simple interest on ₹5500 at 4% per year for 3 years (in ₹)?
  21. 21.What is 80% of 600?
  22. 22.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2800. What is the profit (in ₹)?
  23. 23.What is 75% of 760?
  24. 24.What is the simple interest on ₹8400 at 6% per year for 1 year (in ₹)?
  25. 25.What is the simple interest on ₹2300 at 9% per year for 4 years (in ₹)?
  26. 26.A sewing machine costs ₹3300. It is sold at a 12% profit. What is the selling price (in ₹)?
  27. 27.What is 55% of 140?
  28. 28.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2540. What is the profit (in ₹)?
  29. 29.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹1000. What is the profit (in ₹)?
  30. 30.A cricket kit costs ₹1000. It is sold at a 15% loss. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a table for ₹1500 and sells it for ₹1630. What is the profit (in ₹)?
  32. 32.The price of a pair of shoes changed from ₹250 to ₹150. What is the percentage decrease?
  33. 33.What is 80% of 880?
  34. 34.A watch costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
  35. 35.The price of a water bottle changed from ₹20 to ₹28. What is the percentage increase?
  36. 36.A cricket kit bought for ₹700 is sold for ₹735. What is the profit per cent?
  37. 37.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2070. What is the loss (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹3000 at 3% per year for 5 years (in ₹)?
  39. 39.A cycle bought for ₹3400 is sold for ₹2550. What is the loss per cent?
  40. 40.What is the simple interest on ₹7600 at 2% per year for 5 years (in ₹)?

Answer key

  1. 153
  2. 20
  3. 98
  4. 7526
  5. 2
  6. 50
  7. 3000
  8. 80
  9. 260
  10. 168
  11. 160
  12. 90
  13. 20
  14. 10
  15. 5
  16. 20
  17. 750
  18. 2125
  19. 200
  20. 660
  21. 480
  22. 50
  23. 570
  24. 504
  25. 828
  26. 3696
  27. 77
  28. 190
  29. 200
  30. 850
  31. 130
  32. 40
  33. 704
  34. 3990
  35. 40
  36. 5
  37. 180
  38. 3450
  39. 25
  40. 760

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