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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 669 · 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.What is 70% of 80?
  2. 2.A cycle bought for ₹4000 is sold for ₹5200. What is the profit per cent?
  3. 3.A table costs ₹1100. It is sold at a 50% loss. What is the selling price (in ₹)?
  4. 4.What is 10% of 700?
  5. 5.What is 25% of 780?
  6. 6.The price of a pair of shoes changed from ₹250 to ₹400. What is the percentage increase?
  7. 7.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2050. What is the loss (in ₹)?
  8. 8.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2980. What is the profit (in ₹)?
  9. 9.The price of a box of mangoes changed from ₹400 to ₹440. What is the percentage increase?
  10. 10.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
  11. 11.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2530. What is the profit (in ₹)?
  12. 12.What is 20% of 660?
  13. 13.A fan bought for ₹1900 is sold for ₹950. What is the loss per cent?
  14. 14.What is 25% of 540?
  15. 15.A cricket kit costs ₹200. It is sold at a 40% profit. What is the selling price (in ₹)?
  16. 16.A watch costs ₹2200. It is sold at a 30% loss. What is the selling price (in ₹)?
  17. 17.What is the simple interest on ₹6200 at 3% per year for 3 years (in ₹)?
  18. 18.The price of a school bag changed from ₹20 to ₹16. What is the percentage decrease?
  19. 19.What is the amount (principal + simple interest) on ₹2400 at 8% per year for 3 years (in ₹)?
  20. 20.A shopkeeper buys a mobile phone for ₹1750 and sells it for ₹1670. What is the loss (in ₹)?
  21. 21.A cycle bought for ₹700 is sold for ₹630. What is the loss per cent?
  22. 22.The price of a cricket ball changed from ₹80 to ₹96. What is the percentage increase?
  23. 23.What is 5% of 600?
  24. 24.What is 35% of 340?
  25. 25.What is the amount (principal + simple interest) on ₹3400 at 5% per year for 3 years (in ₹)?
  26. 26.The price of a pair of shoes changed from ₹250 to ₹475. What is the percentage increase?
  27. 27.What is the amount (principal + simple interest) on ₹6000 at 6% per year for 2 years (in ₹)?
  28. 28.A watch costs ₹2100. It is sold at a 10% loss. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1230. What is the loss (in ₹)?
  30. 30.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1270. What is the loss (in ₹)?
  31. 31.The price of a pair of shoes changed from ₹40 to ₹20. What is the percentage decrease?
  32. 32.What is 5% of 1000?
  33. 33.What is the simple interest on ₹8900 at 4% per year for 5 years (in ₹)?
  34. 34.A cooler costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
  35. 35.A mobile phone costs ₹2800. It is sold at a 10% loss. What is the selling price (in ₹)?
  36. 36.The price of a water bottle changed from ₹80 to ₹64. What is the percentage decrease?
  37. 37.What is the simple interest on ₹4800 at 12% per year for 3 years (in ₹)?
  38. 38.A mobile phone costs ₹2700. It is sold at a 20% profit. What is the selling price (in ₹)?
  39. 39.A cooler costs ₹200. It is sold at a 40% profit. What is the selling price (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹4700 at 5% per year for 3 years (in ₹)?

Answer key

  1. 56
  2. 30
  3. 550
  4. 70
  5. 195
  6. 60
  7. 150
  8. 230
  9. 10
  10. 40
  11. 80
  12. 132
  13. 50
  14. 135
  15. 280
  16. 1540
  17. 558
  18. 20
  19. 2976
  20. 80
  21. 10
  22. 20
  23. 30
  24. 119
  25. 3910
  26. 90
  27. 6720
  28. 1890
  29. 70
  30. 230
  31. 50
  32. 50
  33. 1780
  34. 1500
  35. 2520
  36. 20
  37. 1728
  38. 3240
  39. 280
  40. 5405

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