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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 639 · 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 ₹2500 is sold for ₹2250. What is the loss per cent?
  2. 2.A shopkeeper buys a watch for ₹500 and sells it for ₹320. What is the loss (in ₹)?
  3. 3.The price of a pair of shoes changed from ₹100 to ₹105. What is the percentage increase?
  4. 4.A cricket kit bought for ₹3000 is sold for ₹3450. What is the profit per cent?
  5. 5.What is 70% of 260?
  6. 6.A table bought for ₹3900 is sold for ₹4095. What is the profit per cent?
  7. 7.What is the simple interest on ₹8600 at 5% per year for 5 years (in ₹)?
  8. 8.What is 70% of 960?
  9. 9.A cooler costs ₹1300. It is sold at a 12% loss. What is the selling price (in ₹)?
  10. 10.What is 60% of 560?
  11. 11.A sewing machine bought for ₹3500 is sold for ₹2800. What is the loss per cent?
  12. 12.What is the simple interest on ₹9600 at 8% per year for 2 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹9000 at 11% per year for 1 year (in ₹)?
  14. 14.A mobile phone bought for ₹2400 is sold for ₹1440. What is the loss per cent?
  15. 15.What is the simple interest on ₹5000 at 12% per year for 1 year (in ₹)?
  16. 16.A shopkeeper buys a mobile phone for ₹750 and sells it for ₹570. What is the loss (in ₹)?
  17. 17.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
  18. 18.A fan bought for ₹500 is sold for ₹560. What is the profit per cent?
  19. 19.The price of a water bottle changed from ₹20 to ₹15. What is the percentage decrease?
  20. 20.A fan costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
  21. 21.What is the simple interest on ₹9400 at 5% per year for 2 years (in ₹)?
  22. 22.A shopkeeper buys a fan for ₹450 and sells it for ₹680. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹340. What is the profit (in ₹)?
  24. 24.A shopkeeper buys a fan for ₹750 and sells it for ₹660. What is the loss (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹2200 at 9% per year for 1 year (in ₹)?
  26. 26.The price of a pair of shoes changed from ₹200 to ₹20. What is the percentage decrease?
  27. 27.A cricket kit bought for ₹300 is sold for ₹390. What is the profit per cent?
  28. 28.A table bought for ₹2300 is sold for ₹2070. What is the loss per cent?
  29. 29.A fan bought for ₹3900 is sold for ₹2340. What is the loss per cent?
  30. 30.What is the amount (principal + simple interest) on ₹2700 at 3% per year for 3 years (in ₹)?
  31. 31.A cycle costs ₹200. It is sold at a 15% profit. What is the selling price (in ₹)?
  32. 32.A table bought for ₹3600 is sold for ₹3960. What is the profit per cent?
  33. 33.A sewing machine costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
  34. 34.What is 70% of 800?
  35. 35.A mobile phone costs ₹3300. It is sold at a 25% profit. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a watch for ₹1300 and sells it for ₹1040. What is the loss (in ₹)?
  37. 37.A cooler costs ₹1800. It is sold at a 10% profit. What is the selling price (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹6000 at 5% per year for 1 year (in ₹)?
  39. 39.What is 55% of 320?
  40. 40.A cricket kit costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 180
  3. 5
  4. 15
  5. 182
  6. 5
  7. 2150
  8. 672
  9. 1144
  10. 336
  11. 20
  12. 1536
  13. 9990
  14. 40
  15. 600
  16. 180
  17. 75
  18. 12
  19. 25
  20. 3150
  21. 940
  22. 230
  23. 40
  24. 90
  25. 2398
  26. 90
  27. 30
  28. 10
  29. 40
  30. 2943
  31. 230
  32. 10
  33. 1350
  34. 560
  35. 4125
  36. 260
  37. 1980
  38. 6300
  39. 176
  40. 1904

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