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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 781 · 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 sewing machine bought for ₹2000 is sold for ₹1900. What is the loss per cent?
  2. 2.What is 95% of 100?
  3. 3.A shopkeeper buys a table for ₹700 and sells it for ₹860. What is the profit (in ₹)?
  4. 4.What is the simple interest on ₹6500 at 2% per year for 3 years (in ₹)?
  5. 5.What is 95% of 80?
  6. 6.The price of a pair of shoes changed from ₹250 to ₹125. What is the percentage decrease?
  7. 7.The price of a water bottle changed from ₹100 to ₹95. What is the percentage decrease?
  8. 8.What is the amount (principal + simple interest) on ₹900 at 9% per year for 5 years (in ₹)?
  9. 9.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
  10. 10.A mobile phone bought for ₹2500 is sold for ₹2000. What is the loss per cent?
  11. 11.What is the amount (principal + simple interest) on ₹1200 at 3% per year for 3 years (in ₹)?
  12. 12.What is 5% of 80?
  13. 13.What is 25% of 680?
  14. 14.What is 70% of 820?
  15. 15.A fan bought for ₹300 is sold for ₹225. What is the loss per cent?
  16. 16.A cooler costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
  17. 17.A cricket kit costs ₹1000. It is sold at a 15% loss. What is the selling price (in ₹)?
  18. 18.A cricket kit costs ₹3500. It is sold at a 40% profit. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹650. What is the profit (in ₹)?
  20. 20.What is 5% of 800?
  21. 21.What is the amount (principal + simple interest) on ₹5100 at 5% per year for 4 years (in ₹)?
  22. 22.What is 25% of 40?
  23. 23.A mobile phone costs ₹1100. It is sold at a 50% loss. What is the selling price (in ₹)?
  24. 24.What is the simple interest on ₹1100 at 7% per year for 5 years (in ₹)?
  25. 25.What is the simple interest on ₹9000 at 3% per year for 4 years (in ₹)?
  26. 26.A fan bought for ₹700 is sold for ₹875. What is the profit per cent?
  27. 27.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1330. What is the loss (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹8500 at 7% per year for 5 years (in ₹)?
  29. 29.What is the simple interest on ₹2500 at 10% per year for 1 year (in ₹)?
  30. 30.What is the simple interest on ₹8300 at 5% per year for 3 years (in ₹)?
  31. 31.A shopkeeper buys a cooler for ₹1150 and sells it for ₹1080. What is the loss (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹1400 at 6% per year for 3 years (in ₹)?
  33. 33.A fan costs ₹400. It is sold at a 20% loss. What is the selling price (in ₹)?
  34. 34.The price of a water bottle changed from ₹50 to ₹45. What is the percentage decrease?
  35. 35.What is 40% of 760?
  36. 36.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹950. What is the profit (in ₹)?
  37. 37.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2230. What is the loss (in ₹)?
  38. 38.A shopkeeper buys a cooler for ₹750 and sells it for ₹800. What is the profit (in ₹)?
  39. 39.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹630. What is the profit (in ₹)?
  40. 40.The price of a cricket ball changed from ₹100 to ₹150. What is the percentage increase?

Answer key

  1. 5
  2. 95
  3. 160
  4. 390
  5. 76
  6. 50
  7. 5
  8. 1305
  9. 80
  10. 20
  11. 1308
  12. 4
  13. 170
  14. 574
  15. 25
  16. 3150
  17. 850
  18. 4900
  19. 100
  20. 40
  21. 6120
  22. 10
  23. 550
  24. 385
  25. 1080
  26. 25
  27. 220
  28. 11475
  29. 250
  30. 1245
  31. 70
  32. 1652
  33. 320
  34. 10
  35. 304
  36. 50
  37. 120
  38. 50
  39. 180
  40. 50

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