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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 757 · 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 cooler bought for ₹3600 is sold for ₹3240. What is the loss per cent?
  2. 2.What is the amount (principal + simple interest) on ₹4600 at 2% per year for 5 years (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹2200 at 9% per year for 3 years (in ₹)?
  4. 4.What is 40% of 720?
  5. 5.A fan costs ₹3100. It is sold at a 20% loss. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a cricket kit for ₹500 and sells it for ₹510. What is the profit (in ₹)?
  7. 7.A cycle bought for ₹2900 is sold for ₹3480. What is the profit per cent?
  8. 8.What is 30% of 580?
  9. 9.What is the simple interest on ₹1800 at 7% per year for 2 years (in ₹)?
  10. 10.What is 15% of 360?
  11. 11.The price of a pair of shoes changed from ₹400 to ₹440. What is the percentage increase?
  12. 12.What is 15% of 640?
  13. 13.What is the simple interest on ₹1200 at 7% per year for 1 year (in ₹)?
  14. 14.A cooler costs ₹2600. It is sold at a 12% loss. What is the selling price (in ₹)?
  15. 15.The price of a school bag changed from ₹500 to ₹495. What is the percentage decrease?
  16. 16.A shopkeeper buys a watch for ₹1800 and sells it for ₹1790. What is the loss (in ₹)?
  17. 17.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1250. What is the loss (in ₹)?
  18. 18.A cycle bought for ₹300 is sold for ₹360. What is the profit per cent?
  19. 19.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹480. What is the loss (in ₹)?
  20. 20.A sewing machine costs ₹1800. It is sold at a 10% profit. What is the selling price (in ₹)?
  21. 21.What is the simple interest on ₹1100 at 3% per year for 4 years (in ₹)?
  22. 22.A cycle costs ₹3900. It is sold at a 40% loss. What is the selling price (in ₹)?
  23. 23.The price of a box of mangoes changed from ₹400 to ₹440. What is the percentage increase?
  24. 24.The price of a box of mangoes changed from ₹80 to ₹152. What is the percentage increase?
  25. 25.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
  26. 26.A fan bought for ₹3900 is sold for ₹4485. What is the profit per cent?
  27. 27.A mobile phone bought for ₹1000 is sold for ₹850. What is the loss per cent?
  28. 28.What is the amount (principal + simple interest) on ₹8100 at 8% per year for 4 years (in ₹)?
  29. 29.A table costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
  30. 30.A table bought for ₹1500 is sold for ₹2100. What is the profit per cent?
  31. 31.What is the simple interest on ₹7800 at 8% per year for 1 year (in ₹)?
  32. 32.What is 90% of 60?
  33. 33.What is 75% of 980?
  34. 34.What is 80% of 320?
  35. 35.What is the amount (principal + simple interest) on ₹9100 at 3% per year for 2 years (in ₹)?
  36. 36.A cricket kit costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
  37. 37.A shopkeeper buys a table for ₹2050 and sells it for ₹2130. What is the profit (in ₹)?
  38. 38.What is the simple interest on ₹7900 at 7% per year for 2 years (in ₹)?
  39. 39.A shopkeeper buys a fan for ₹700 and sells it for ₹610. What is the loss (in ₹)?
  40. 40.A mobile phone costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 5060
  3. 2794
  4. 288
  5. 2480
  6. 10
  7. 20
  8. 174
  9. 252
  10. 54
  11. 10
  12. 96
  13. 84
  14. 2288
  15. 1
  16. 10
  17. 50
  18. 20
  19. 220
  20. 1980
  21. 132
  22. 2340
  23. 10
  24. 90
  25. 80
  26. 15
  27. 15
  28. 10692
  29. 1700
  30. 40
  31. 624
  32. 54
  33. 735
  34. 256
  35. 9646
  36. 480
  37. 80
  38. 1106
  39. 90
  40. 2450

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