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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 710 · 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.The price of a box of mangoes changed from ₹250 to ₹100. What is the percentage decrease?
  2. 2.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2730. What is the loss (in ₹)?
  3. 3.What is 35% of 740?
  4. 4.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2740. What is the profit (in ₹)?
  5. 5.A table costs ₹2200. It is sold at a 10% loss. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a cycle for ₹1150 and sells it for ₹1040. What is the loss (in ₹)?
  7. 7.The price of a water bottle changed from ₹400 to ₹392. What is the percentage decrease?
  8. 8.What is the simple interest on ₹1600 at 12% per year for 3 years (in ₹)?
  9. 9.A cooler costs ₹1200. It is sold at a 10% loss. What is the selling price (in ₹)?
  10. 10.A watch bought for ₹2700 is sold for ₹4050. What is the profit per cent?
  11. 11.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹420. What is the loss (in ₹)?
  12. 12.A mobile phone costs ₹2000. It is sold at a 25% profit. What is the selling price (in ₹)?
  13. 13.A shopkeeper buys a cooler for ₹950 and sells it for ₹1250. What is the profit (in ₹)?
  14. 14.What is 15% of 660?
  15. 15.What is the amount (principal + simple interest) on ₹7100 at 5% per year for 1 year (in ₹)?
  16. 16.What is 70% of 880?
  17. 17.The price of a water bottle changed from ₹250 to ₹350. What is the percentage increase?
  18. 18.A shopkeeper buys a cycle for ₹450 and sells it for ₹400. What is the loss (in ₹)?
  19. 19.The price of a box of mangoes changed from ₹250 to ₹255. What is the percentage increase?
  20. 20.A mobile phone costs ₹3300. It is sold at a 12% loss. What is the selling price (in ₹)?
  21. 21.A fan costs ₹1100. It is sold at a 30% profit. What is the selling price (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹8300 at 11% per year for 2 years (in ₹)?
  23. 23.A cooler bought for ₹500 is sold for ₹700. What is the profit per cent?
  24. 24.What is the simple interest on ₹5500 at 9% per year for 4 years (in ₹)?
  25. 25.A shopkeeper buys a fan for ₹450 and sells it for ₹530. What is the profit (in ₹)?
  26. 26.What is the simple interest on ₹4900 at 9% per year for 1 year (in ₹)?
  27. 27.A table costs ₹1200. It is sold at a 5% loss. What is the selling price (in ₹)?
  28. 28.A cooler costs ₹3000. It is sold at a 50% profit. What is the selling price (in ₹)?
  29. 29.What is the simple interest on ₹8700 at 3% per year for 5 years (in ₹)?
  30. 30.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹3130. What is the profit (in ₹)?
  31. 31.What is the simple interest on ₹4600 at 2% per year for 3 years (in ₹)?
  32. 32.The price of a cricket ball changed from ₹100 to ₹20. What is the percentage decrease?
  33. 33.The price of a cricket ball changed from ₹400 to ₹500. What is the percentage increase?
  34. 34.A table costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
  35. 35.What is the simple interest on ₹5800 at 12% per year for 2 years (in ₹)?
  36. 36.A table costs ₹1700. It is sold at a 20% profit. What is the selling price (in ₹)?
  37. 37.What is the simple interest on ₹8600 at 4% per year for 4 years (in ₹)?
  38. 38.A fan costs ₹3200. It is sold at a 12% profit. What is the selling price (in ₹)?
  39. 39.A fan costs ₹3200. It is sold at a 15% loss. What is the selling price (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹600 at 11% per year for 2 years (in ₹)?

Answer key

  1. 60
  2. 220
  3. 259
  4. 40
  5. 1980
  6. 110
  7. 2
  8. 576
  9. 1080
  10. 50
  11. 30
  12. 2500
  13. 300
  14. 99
  15. 7455
  16. 616
  17. 40
  18. 50
  19. 2
  20. 2904
  21. 1430
  22. 10126
  23. 40
  24. 1980
  25. 80
  26. 441
  27. 1140
  28. 4500
  29. 1305
  30. 280
  31. 276
  32. 80
  33. 25
  34. 3250
  35. 1392
  36. 2040
  37. 1376
  38. 3584
  39. 2720
  40. 732

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