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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 678 · 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 shopkeeper buys a cricket kit for ₹2850 and sells it for ₹3090. What is the profit (in ₹)?
  2. 2.What is 80% of 220?
  3. 3.A fan bought for ₹1700 is sold for ₹1870. What is the profit per cent?
  4. 4.A cycle bought for ₹2800 is sold for ₹1960. What is the loss per cent?
  5. 5.A table bought for ₹2900 is sold for ₹1740. What is the loss per cent?
  6. 6.What is the simple interest on ₹7600 at 8% per year for 2 years (in ₹)?
  7. 7.A watch costs ₹2800. It is sold at a 50% profit. What is the selling price (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹7000 at 9% per year for 2 years (in ₹)?
  9. 9.The price of a bus pass changed from ₹40 to ₹24. What is the percentage decrease?
  10. 10.A watch bought for ₹3400 is sold for ₹3230. What is the loss per cent?
  11. 11.The price of a pair of shoes changed from ₹40 to ₹36. What is the percentage decrease?
  12. 12.A fan costs ₹1300. It is sold at a 5% loss. What is the selling price (in ₹)?
  13. 13.The price of a box of mangoes changed from ₹250 to ₹325. What is the percentage increase?
  14. 14.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?
  15. 15.A shopkeeper buys a cricket kit for ₹2250 and sells it for ₹2170. What is the loss (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹2200 at 7% per year for 2 years (in ₹)?
  17. 17.The price of a box of mangoes changed from ₹200 to ₹20. What is the percentage decrease?
  18. 18.A cycle costs ₹2000. It is sold at a 5% profit. What is the selling price (in ₹)?
  19. 19.The price of a pair of shoes changed from ₹20 to ₹38. What is the percentage increase?
  20. 20.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹1060. What is the loss (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹2400 at 10% per year for 1 year (in ₹)?
  22. 22.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1640. What is the profit (in ₹)?
  23. 23.A fan costs ₹200. It is sold at a 15% loss. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a table for ₹250 and sells it for ₹160. What is the loss (in ₹)?
  25. 25.The price of a water bottle changed from ₹400 to ₹360. What is the percentage decrease?
  26. 26.What is 85% of 140?
  27. 27.The price of a box of mangoes changed from ₹40 to ₹60. What is the percentage increase?
  28. 28.A table bought for ₹1300 is sold for ₹1170. What is the loss per cent?
  29. 29.The price of a water bottle changed from ₹500 to ₹550. What is the percentage increase?
  30. 30.A cricket kit bought for ₹3400 is sold for ₹2040. What is the loss per cent?
  31. 31.A sewing machine costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
  32. 32.A fan costs ₹3600. It is sold at a 15% loss. What is the selling price (in ₹)?
  33. 33.A fan costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
  34. 34.What is 80% of 900?
  35. 35.What is the amount (principal + simple interest) on ₹7600 at 10% per year for 4 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹8200 at 12% per year for 5 years (in ₹)?
  37. 37.A mobile phone costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a fan for ₹2100 and sells it for ₹2380. What is the profit (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹5900 at 3% per year for 5 years (in ₹)?
  40. 40.A cooler bought for ₹1100 is sold for ₹1210. What is the profit per cent?

Answer key

  1. 240
  2. 176
  3. 10
  4. 30
  5. 40
  6. 1216
  7. 4200
  8. 8260
  9. 40
  10. 5
  11. 10
  12. 1235
  13. 30
  14. 50
  15. 80
  16. 2508
  17. 90
  18. 2100
  19. 90
  20. 40
  21. 2640
  22. 140
  23. 170
  24. 90
  25. 10
  26. 119
  27. 50
  28. 10
  29. 10
  30. 40
  31. 448
  32. 3060
  33. 1275
  34. 720
  35. 10640
  36. 13120
  37. 1750
  38. 280
  39. 6785
  40. 10

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