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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 734 · 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 mobile phone bought for ₹2200 is sold for ₹1936. What is the loss per cent?
  2. 2.What is 5% of 940?
  3. 3.What is the amount (principal + simple interest) on ₹800 at 4% per year for 1 year (in ₹)?
  4. 4.A fan bought for ₹1400 is sold for ₹700. What is the loss per cent?
  5. 5.A shopkeeper buys a table for ₹850 and sells it for ₹820. What is the loss (in ₹)?
  6. 6.What is the simple interest on ₹8400 at 7% per year for 4 years (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹540. What is the profit (in ₹)?
  8. 8.What is the simple interest on ₹5800 at 4% per year for 1 year (in ₹)?
  9. 9.A table bought for ₹500 is sold for ₹550. What is the profit per cent?
  10. 10.A watch costs ₹1100. It is sold at a 20% profit. What is the selling price (in ₹)?
  11. 11.What is the simple interest on ₹2000 at 8% per year for 4 years (in ₹)?
  12. 12.A cooler costs ₹2700. It is sold at a 5% loss. What is the selling price (in ₹)?
  13. 13.The price of a pair of shoes changed from ₹200 to ₹180. What is the percentage decrease?
  14. 14.What is 75% of 600?
  15. 15.What is the simple interest on ₹3300 at 10% per year for 3 years (in ₹)?
  16. 16.A cooler costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
  17. 17.A cycle costs ₹1900. It is sold at a 10% loss. What is the selling price (in ₹)?
  18. 18.The price of a bus pass changed from ₹200 to ₹160. What is the percentage decrease?
  19. 19.A cycle bought for ₹3800 is sold for ₹3230. What is the loss per cent?
  20. 20.What is the amount (principal + simple interest) on ₹3100 at 11% per year for 3 years (in ₹)?
  21. 21.What is 85% of 260?
  22. 22.What is the amount (principal + simple interest) on ₹2000 at 3% per year for 1 year (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹700 at 7% per year for 3 years (in ₹)?
  24. 24.The price of a cricket ball changed from ₹400 to ₹320. What is the percentage decrease?
  25. 25.What is the amount (principal + simple interest) on ₹9100 at 3% per year for 3 years (in ₹)?
  26. 26.The price of a pair of shoes changed from ₹250 to ₹300. What is the percentage increase?
  27. 27.A cycle costs ₹3000. It is sold at a 20% loss. What is the selling price (in ₹)?
  28. 28.What is the simple interest on ₹3700 at 8% per year for 4 years (in ₹)?
  29. 29.What is 10% of 520?
  30. 30.A sewing machine bought for ₹1100 is sold for ₹825. What is the loss per cent?
  31. 31.What is 35% of 860?
  32. 32.A shopkeeper buys a cycle for ₹1100 and sells it for ₹860. What is the loss (in ₹)?
  33. 33.A sewing machine costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
  34. 34.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
  35. 35.What is the simple interest on ₹8000 at 8% per year for 2 years (in ₹)?
  36. 36.The price of a cricket ball changed from ₹200 to ₹180. What is the percentage decrease?
  37. 37.A table costs ₹200. It is sold at a 30% loss. What is the selling price (in ₹)?
  38. 38.A watch bought for ₹2200 is sold for ₹3300. What is the profit per cent?
  39. 39.What is the amount (principal + simple interest) on ₹5800 at 11% per year for 5 years (in ₹)?
  40. 40.A shopkeeper buys a mobile phone for ₹1700 and sells it for ₹1650. What is the loss (in ₹)?

Answer key

  1. 12
  2. 47
  3. 832
  4. 50
  5. 30
  6. 2352
  7. 140
  8. 232
  9. 10
  10. 1320
  11. 640
  12. 2565
  13. 10
  14. 450
  15. 990
  16. 3120
  17. 1710
  18. 20
  19. 15
  20. 4123
  21. 221
  22. 2060
  23. 847
  24. 20
  25. 9919
  26. 20
  27. 2400
  28. 1184
  29. 52
  30. 25
  31. 301
  32. 240
  33. 448
  34. 60
  35. 1280
  36. 10
  37. 140
  38. 50
  39. 8990
  40. 50

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