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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 779 · 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 fan costs ₹3000. It is sold at a 25% profit. What is the selling price (in ₹)?
  2. 2.A table costs ₹900. It is sold at a 30% profit. What is the selling price (in ₹)?
  3. 3.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1300. What is the loss (in ₹)?
  4. 4.A shopkeeper buys a fan for ₹2850 and sells it for ₹2770. What is the loss (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹2900 at 12% per year for 2 years (in ₹)?
  6. 6.A shopkeeper buys a cooler for ₹400 and sells it for ₹300. What is the loss (in ₹)?
  7. 7.A table costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
  8. 8.A table bought for ₹2100 is sold for ₹1260. What is the loss per cent?
  9. 9.The price of a bus pass changed from ₹250 to ₹325. What is the percentage increase?
  10. 10.A shopkeeper buys a fan for ₹700 and sells it for ₹910. What is the profit (in ₹)?
  11. 11.The price of a cricket ball changed from ₹40 to ₹36. What is the percentage decrease?
  12. 12.What is 95% of 660?
  13. 13.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹1960. What is the loss (in ₹)?
  14. 14.A fan costs ₹1100. It is sold at a 40% loss. What is the selling price (in ₹)?
  15. 15.The price of a water bottle changed from ₹40 to ₹24. What is the percentage decrease?
  16. 16.What is 10% of 900?
  17. 17.The price of a box of mangoes changed from ₹250 to ₹175. What is the percentage decrease?
  18. 18.A fan bought for ₹3300 is sold for ₹3465. What is the profit per cent?
  19. 19.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
  20. 20.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2520. What is the profit (in ₹)?
  21. 21.A shopkeeper buys a cricket kit for ₹2100 and sells it for ₹2230. What is the profit (in ₹)?
  22. 22.A watch costs ₹700. It is sold at a 10% profit. What is the selling price (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹2700 at 4% per year for 5 years (in ₹)?
  24. 24.A cooler costs ₹600. It is sold at a 40% profit. What is the selling price (in ₹)?
  25. 25.A shopkeeper buys a table for ₹800 and sells it for ₹850. What is the profit (in ₹)?
  26. 26.The price of a bus pass changed from ₹80 to ₹152. What is the percentage increase?
  27. 27.A cooler bought for ₹700 is sold for ₹560. What is the loss per cent?
  28. 28.What is the simple interest on ₹9300 at 5% per year for 1 year (in ₹)?
  29. 29.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
  30. 30.What is the simple interest on ₹2700 at 7% per year for 3 years (in ₹)?
  31. 31.A watch costs ₹3000. It is sold at a 40% loss. What is the selling price (in ₹)?
  32. 32.The price of a cricket ball changed from ₹20 to ₹8. What is the percentage decrease?
  33. 33.What is the amount (principal + simple interest) on ₹5500 at 2% per year for 2 years (in ₹)?
  34. 34.What is 75% of 820?
  35. 35.A shopkeeper buys a sewing machine for ₹2600 and sells it for ₹2890. What is the profit (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹4400 at 10% per year for 4 years (in ₹)?
  37. 37.What is 35% of 400?
  38. 38.The price of a school bag changed from ₹40 to ₹56. What is the percentage increase?
  39. 39.What is 40% of 580?
  40. 40.What is the amount (principal + simple interest) on ₹2500 at 11% per year for 5 years (in ₹)?

Answer key

  1. 3750
  2. 1170
  3. 200
  4. 80
  5. 3596
  6. 100
  7. 5250
  8. 40
  9. 30
  10. 210
  11. 10
  12. 627
  13. 290
  14. 660
  15. 40
  16. 90
  17. 30
  18. 5
  19. 20
  20. 220
  21. 130
  22. 770
  23. 3240
  24. 840
  25. 50
  26. 90
  27. 20
  28. 465
  29. 20
  30. 567
  31. 1800
  32. 60
  33. 5720
  34. 615
  35. 290
  36. 6160
  37. 140
  38. 40
  39. 232
  40. 3875

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