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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 770 · 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 costs ₹1500. It is sold at a 10% loss. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a table for ₹1850 and sells it for ₹1870. What is the profit (in ₹)?
  3. 3.A cricket kit costs ₹2100. It is sold at a 20% profit. What is the selling price (in ₹)?
  4. 4.The price of a bus pass changed from ₹50 to ₹60. What is the percentage increase?
  5. 5.The price of a bus pass changed from ₹400 to ₹396. What is the percentage decrease?
  6. 6.What is 85% of 380?
  7. 7.What is the amount (principal + simple interest) on ₹1900 at 2% per year for 4 years (in ₹)?
  8. 8.What is the simple interest on ₹7800 at 4% per year for 2 years (in ₹)?
  9. 9.What is the simple interest on ₹3400 at 11% per year for 2 years (in ₹)?
  10. 10.What is the simple interest on ₹700 at 6% per year for 1 year (in ₹)?
  11. 11.What is 70% of 260?
  12. 12.A table bought for ₹2900 is sold for ₹2030. What is the loss per cent?
  13. 13.What is the simple interest on ₹2400 at 6% per year for 5 years (in ₹)?
  14. 14.The price of a water bottle changed from ₹40 to ₹48. What is the percentage increase?
  15. 15.What is the amount (principal + simple interest) on ₹7900 at 3% per year for 3 years (in ₹)?
  16. 16.What is 75% of 680?
  17. 17.What is the simple interest on ₹8600 at 11% per year for 1 year (in ₹)?
  18. 18.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹400. What is the loss (in ₹)?
  19. 19.The price of a pair of shoes changed from ₹25 to ₹45. What is the percentage increase?
  20. 20.What is 10% of 440?
  21. 21.What is the amount (principal + simple interest) on ₹6900 at 3% per year for 2 years (in ₹)?
  22. 22.A mobile phone bought for ₹2000 is sold for ₹2800. What is the profit per cent?
  23. 23.What is 75% of 840?
  24. 24.A shopkeeper buys a fan for ₹2300 and sells it for ₹2280. What is the loss (in ₹)?
  25. 25.What is the simple interest on ₹1800 at 5% per year for 3 years (in ₹)?
  26. 26.What is the simple interest on ₹1500 at 7% per year for 4 years (in ₹)?
  27. 27.A shopkeeper buys a cricket kit for ₹250 and sells it for ₹80. What is the loss (in ₹)?
  28. 28.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2790. What is the loss (in ₹)?
  29. 29.What is 20% of 100?
  30. 30.A watch bought for ₹2500 is sold for ₹3125. What is the profit per cent?
  31. 31.The price of a cricket ball changed from ₹400 to ₹700. What is the percentage increase?
  32. 32.What is 85% of 420?
  33. 33.The price of a cricket ball changed from ₹40 to ₹30. What is the percentage decrease?
  34. 34.A shopkeeper buys a cycle for ₹450 and sells it for ₹150. What is the loss (in ₹)?
  35. 35.A shopkeeper buys a cycle for ₹650 and sells it for ₹700. What is the profit (in ₹)?
  36. 36.A fan costs ₹3100. It is sold at a 10% loss. What is the selling price (in ₹)?
  37. 37.The price of a cricket ball changed from ₹500 to ₹100. What is the percentage decrease?
  38. 38.What is the amount (principal + simple interest) on ₹2700 at 6% per year for 1 year (in ₹)?
  39. 39.What is the simple interest on ₹9700 at 7% per year for 2 years (in ₹)?
  40. 40.What is 80% of 220?

Answer key

  1. 1350
  2. 20
  3. 2520
  4. 20
  5. 1
  6. 323
  7. 2052
  8. 624
  9. 748
  10. 42
  11. 182
  12. 30
  13. 720
  14. 20
  15. 8611
  16. 510
  17. 946
  18. 150
  19. 80
  20. 44
  21. 7314
  22. 40
  23. 630
  24. 20
  25. 270
  26. 420
  27. 170
  28. 10
  29. 20
  30. 25
  31. 75
  32. 357
  33. 25
  34. 300
  35. 50
  36. 2790
  37. 80
  38. 2862
  39. 1358
  40. 176

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