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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 626 · 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 table bought for ₹2900 is sold for ₹3480. What is the profit per cent?
  2. 2.A shopkeeper buys a fan for ₹1800 and sells it for ₹2080. What is the profit (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹900 at 5% per year for 1 year (in ₹)?
  4. 4.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1150. What is the loss (in ₹)?
  5. 5.A fan bought for ₹300 is sold for ₹336. What is the profit per cent?
  6. 6.A cooler costs ₹2500. It is sold at a 50% loss. What is the selling price (in ₹)?
  7. 7.What is the simple interest on ₹2500 at 10% per year for 1 year (in ₹)?
  8. 8.The price of a pair of shoes changed from ₹80 to ₹72. What is the percentage decrease?
  9. 9.The price of a box of mangoes changed from ₹500 to ₹505. What is the percentage increase?
  10. 10.A cycle costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
  11. 11.A cricket kit costs ₹2200. It is sold at a 20% loss. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a fan for ₹2950 and sells it for ₹2660. What is the loss (in ₹)?
  13. 13.A table bought for ₹1000 is sold for ₹950. What is the loss per cent?
  14. 14.What is the simple interest on ₹8400 at 5% per year for 1 year (in ₹)?
  15. 15.A cycle costs ₹1000. It is sold at a 50% loss. What is the selling price (in ₹)?
  16. 16.The price of a cricket ball changed from ₹80 to ₹140. What is the percentage increase?
  17. 17.What is 5% of 320?
  18. 18.What is the simple interest on ₹5600 at 3% per year for 3 years (in ₹)?
  19. 19.A mobile phone costs ₹2300. It is sold at a 5% loss. What is the selling price (in ₹)?
  20. 20.A watch costs ₹1800. It is sold at a 30% profit. What is the selling price (in ₹)?
  21. 21.A shopkeeper buys a fan for ₹2800 and sells it for ₹2660. What is the loss (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹2300 at 4% per year for 4 years (in ₹)?
  23. 23.A cycle bought for ₹3900 is sold for ₹4680. What is the profit per cent?
  24. 24.The price of a pair of shoes changed from ₹500 to ₹800. What is the percentage increase?
  25. 25.The price of a school bag changed from ₹200 to ₹202. What is the percentage increase?
  26. 26.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2760. What is the profit (in ₹)?
  27. 27.What is 95% of 680?
  28. 28.What is the amount (principal + simple interest) on ₹2200 at 4% per year for 3 years (in ₹)?
  29. 29.A cricket kit bought for ₹2600 is sold for ₹2912. What is the profit per cent?
  30. 30.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1900. What is the profit (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹2900 at 12% per year for 5 years (in ₹)?
  32. 32.What is the simple interest on ₹3600 at 7% per year for 5 years (in ₹)?
  33. 33.A shopkeeper buys a watch for ₹2500 and sells it for ₹2560. What is the profit (in ₹)?
  34. 34.A mobile phone bought for ₹900 is sold for ₹945. What is the profit per cent?
  35. 35.A cricket kit costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹3000 at 8% per year for 5 years (in ₹)?
  37. 37.A shopkeeper buys a cooler for ₹800 and sells it for ₹1050. What is the profit (in ₹)?
  38. 38.A cooler costs ₹2100. It is sold at a 12% loss. What is the selling price (in ₹)?
  39. 39.The price of a pair of shoes changed from ₹100 to ₹40. What is the percentage decrease?
  40. 40.What is the amount (principal + simple interest) on ₹9600 at 9% per year for 1 year (in ₹)?

Answer key

  1. 20
  2. 280
  3. 945
  4. 150
  5. 12
  6. 1250
  7. 250
  8. 10
  9. 1
  10. 750
  11. 1760
  12. 290
  13. 5
  14. 420
  15. 500
  16. 75
  17. 16
  18. 504
  19. 2185
  20. 2340
  21. 140
  22. 2668
  23. 20
  24. 60
  25. 1
  26. 60
  27. 646
  28. 2464
  29. 12
  30. 250
  31. 4640
  32. 1260
  33. 60
  34. 5
  35. 480
  36. 4200
  37. 250
  38. 1848
  39. 60
  40. 10464

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