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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 800 · 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.The price of a school bag changed from ₹20 to ₹19. What is the percentage decrease?
  2. 2.A shopkeeper buys a fan for ₹750 and sells it for ₹960. What is the profit (in ₹)?
  3. 3.A sewing machine costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
  4. 4.A sewing machine bought for ₹2500 is sold for ₹1875. What is the loss per cent?
  5. 5.A shopkeeper buys a watch for ₹300 and sells it for ₹360. What is the profit (in ₹)?
  6. 6.A shopkeeper buys a watch for ₹1550 and sells it for ₹1840. What is the profit (in ₹)?
  7. 7.The price of a water bottle changed from ₹80 to ₹40. What is the percentage decrease?
  8. 8.What is the amount (principal + simple interest) on ₹8000 at 4% per year for 3 years (in ₹)?
  9. 9.A shopkeeper buys a table for ₹2450 and sells it for ₹2420. What is the loss (in ₹)?
  10. 10.A sewing machine bought for ₹2400 is sold for ₹1920. What is the loss per cent?
  11. 11.What is 5% of 460?
  12. 12.A fan bought for ₹2600 is sold for ₹1560. What is the loss per cent?
  13. 13.What is the amount (principal + simple interest) on ₹6300 at 9% per year for 3 years (in ₹)?
  14. 14.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2200. What is the loss (in ₹)?
  15. 15.The price of a cricket ball changed from ₹100 to ₹98. What is the percentage decrease?
  16. 16.A fan bought for ₹2200 is sold for ₹3080. What is the profit per cent?
  17. 17.A fan bought for ₹3500 is sold for ₹2975. What is the loss per cent?
  18. 18.The price of a school bag changed from ₹25 to ₹45. What is the percentage increase?
  19. 19.The price of a bus pass changed from ₹100 to ₹20. What is the percentage decrease?
  20. 20.What is 65% of 660?
  21. 21.A watch costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹800. What is the profit (in ₹)?
  23. 23.What is 20% of 720?
  24. 24.A cricket kit costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
  25. 25.A cooler costs ₹700. It is sold at a 10% profit. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹420. What is the profit (in ₹)?
  27. 27.The price of a school bag changed from ₹200 to ₹360. What is the percentage increase?
  28. 28.A shopkeeper buys a fan for ₹700 and sells it for ₹600. What is the loss (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹2000 at 2% per year for 2 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹4700 at 4% per year for 2 years (in ₹)?
  31. 31.What is the simple interest on ₹6900 at 11% per year for 3 years (in ₹)?
  32. 32.A mobile phone costs ₹3300. It is sold at a 30% profit. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a cooler for ₹3000 and sells it for ₹2720. What is the loss (in ₹)?
  34. 34.What is 70% of 1000?
  35. 35.What is the simple interest on ₹2100 at 12% per year for 2 years (in ₹)?
  36. 36.What is the simple interest on ₹1900 at 9% per year for 2 years (in ₹)?
  37. 37.What is 40% of 900?
  38. 38.What is 5% of 480?
  39. 39.A shopkeeper buys a table for ₹1400 and sells it for ₹1460. What is the profit (in ₹)?
  40. 40.The price of a bus pass changed from ₹500 to ₹505. What is the percentage increase?

Answer key

  1. 5
  2. 210
  3. 840
  4. 25
  5. 60
  6. 290
  7. 50
  8. 8960
  9. 30
  10. 20
  11. 23
  12. 40
  13. 8001
  14. 250
  15. 2
  16. 40
  17. 15
  18. 80
  19. 80
  20. 429
  21. 2450
  22. 100
  23. 144
  24. 3120
  25. 770
  26. 20
  27. 80
  28. 100
  29. 2080
  30. 5076
  31. 2277
  32. 4290
  33. 280
  34. 700
  35. 504
  36. 342
  37. 360
  38. 24
  39. 60
  40. 1

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