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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 628 · 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 cooler bought for ₹200 is sold for ₹190. What is the loss per cent?
  2. 2.The price of a bus pass changed from ₹250 to ₹350. What is the percentage increase?
  3. 3.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹2000. What is the profit (in ₹)?
  4. 4.What is 95% of 840?
  5. 5.A cycle costs ₹3900. It is sold at a 25% loss. What is the selling price (in ₹)?
  6. 6.What is 10% of 800?
  7. 7.The price of a pair of shoes changed from ₹40 to ₹56. What is the percentage increase?
  8. 8.What is 15% of 400?
  9. 9.A shopkeeper buys a cricket kit for ₹1800 and sells it for ₹1700. What is the loss (in ₹)?
  10. 10.A cricket kit bought for ₹500 is sold for ₹375. What is the loss per cent?
  11. 11.The price of a bus pass changed from ₹80 to ₹100. What is the percentage increase?
  12. 12.What is the simple interest on ₹5600 at 9% per year for 5 years (in ₹)?
  13. 13.A shopkeeper buys a watch for ₹700 and sells it for ₹930. What is the profit (in ₹)?
  14. 14.What is 35% of 800?
  15. 15.What is the simple interest on ₹4700 at 8% per year for 2 years (in ₹)?
  16. 16.The price of a school bag changed from ₹200 to ₹20. What is the percentage decrease?
  17. 17.What is the simple interest on ₹1100 at 3% per year for 2 years (in ₹)?
  18. 18.What is 65% of 620?
  19. 19.A sewing machine costs ₹1400. It is sold at a 50% loss. What is the selling price (in ₹)?
  20. 20.What is the simple interest on ₹3900 at 10% per year for 3 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹7300 at 10% per year for 2 years (in ₹)?
  22. 22.A sewing machine costs ₹3100. It is sold at a 50% loss. What is the selling price (in ₹)?
  23. 23.The price of a water bottle changed from ₹100 to ₹60. What is the percentage decrease?
  24. 24.A fan costs ₹1400. It is sold at a 15% loss. What is the selling price (in ₹)?
  25. 25.The price of a pair of shoes changed from ₹500 to ₹625. What is the percentage increase?
  26. 26.A mobile phone bought for ₹2800 is sold for ₹2464. What is the loss per cent?
  27. 27.What is the amount (principal + simple interest) on ₹2400 at 6% per year for 3 years (in ₹)?
  28. 28.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
  29. 29.What is 20% of 720?
  30. 30.A table costs ₹1500. It is sold at a 25% loss. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹5500 at 9% per year for 5 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹1900 at 9% per year for 2 years (in ₹)?
  33. 33.The price of a pair of shoes changed from ₹100 to ₹105. What is the percentage increase?
  34. 34.What is 20% of 880?
  35. 35.What is the amount (principal + simple interest) on ₹6200 at 5% per year for 3 years (in ₹)?
  36. 36.What is 10% of 440?
  37. 37.A cricket kit costs ₹2000. It is sold at a 50% profit. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a mobile phone for ₹2000 and sells it for ₹2060. What is the profit (in ₹)?
  39. 39.A table costs ₹2300. It is sold at a 40% loss. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a cycle for ₹2750 and sells it for ₹2950. What is the profit (in ₹)?

Answer key

  1. 5
  2. 40
  3. 100
  4. 798
  5. 2925
  6. 80
  7. 40
  8. 60
  9. 100
  10. 25
  11. 25
  12. 2520
  13. 230
  14. 280
  15. 752
  16. 90
  17. 66
  18. 403
  19. 700
  20. 1170
  21. 8760
  22. 1550
  23. 40
  24. 1190
  25. 25
  26. 12
  27. 2832
  28. 40
  29. 144
  30. 1125
  31. 2475
  32. 2242
  33. 5
  34. 176
  35. 7130
  36. 44
  37. 3000
  38. 60
  39. 1380
  40. 200

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