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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 804 · 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 shopkeeper buys a cricket kit for ₹550 and sells it for ₹720. What is the profit (in ₹)?
  2. 2.A cooler bought for ₹1400 is sold for ₹1540. What is the profit per cent?
  3. 3.A shopkeeper buys a cooler for ₹1700 and sells it for ₹1770. What is the profit (in ₹)?
  4. 4.What is 15% of 120?
  5. 5.A watch bought for ₹3000 is sold for ₹2640. What is the loss per cent?
  6. 6.A shopkeeper buys a table for ₹1850 and sells it for ₹1660. What is the loss (in ₹)?
  7. 7.The price of a cricket ball changed from ₹400 to ₹440. What is the percentage increase?
  8. 8.A cooler bought for ₹3500 is sold for ₹3675. What is the profit per cent?
  9. 9.A watch costs ₹1800. It is sold at a 12% profit. What is the selling price (in ₹)?
  10. 10.A cooler bought for ₹3700 is sold for ₹2960. What is the loss per cent?
  11. 11.The price of a pair of shoes changed from ₹100 to ₹98. What is the percentage decrease?
  12. 12.What is the amount (principal + simple interest) on ₹3500 at 9% per year for 4 years (in ₹)?
  13. 13.The price of a school bag changed from ₹500 to ₹100. What is the percentage decrease?
  14. 14.A cricket kit bought for ₹1100 is sold for ₹825. What is the loss per cent?
  15. 15.A cooler costs ₹2500. It is sold at a 15% profit. What is the selling price (in ₹)?
  16. 16.A cricket kit bought for ₹3800 is sold for ₹5700. What is the profit per cent?
  17. 17.A watch bought for ₹3200 is sold for ₹4800. What is the profit per cent?
  18. 18.A shopkeeper buys a table for ₹2250 and sells it for ₹2520. What is the profit (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹8600 at 4% per year for 2 years (in ₹)?
  20. 20.The price of a box of mangoes changed from ₹200 to ₹380. What is the percentage increase?
  21. 21.A fan bought for ₹2100 is sold for ₹2310. What is the profit per cent?
  22. 22.The price of a cricket ball changed from ₹40 to ₹56. What is the percentage increase?
  23. 23.A cricket kit bought for ₹1300 is sold for ₹1625. What is the profit per cent?
  24. 24.The price of a pair of shoes changed from ₹400 to ₹200. What is the percentage decrease?
  25. 25.What is the simple interest on ₹900 at 10% per year for 4 years (in ₹)?
  26. 26.A shopkeeper buys a table for ₹1850 and sells it for ₹1770. What is the loss (in ₹)?
  27. 27.A watch costs ₹500. It is sold at a 5% loss. What is the selling price (in ₹)?
  28. 28.A cricket kit bought for ₹1500 is sold for ₹1650. What is the profit per cent?
  29. 29.What is 20% of 820?
  30. 30.A mobile phone costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
  31. 31.A cooler costs ₹1700. It is sold at a 30% loss. What is the selling price (in ₹)?
  32. 32.What is 5% of 740?
  33. 33.A cricket kit costs ₹1300. It is sold at a 10% profit. What is the selling price (in ₹)?
  34. 34.What is 15% of 360?
  35. 35.What is the simple interest on ₹2800 at 11% per year for 2 years (in ₹)?
  36. 36.What is the simple interest on ₹8300 at 3% per year for 2 years (in ₹)?
  37. 37.What is 85% of 160?
  38. 38.A table bought for ₹3100 is sold for ₹2325. What is the loss per cent?
  39. 39.The price of a water bottle changed from ₹80 to ₹8. What is the percentage decrease?
  40. 40.The price of a cricket ball changed from ₹100 to ₹95. What is the percentage decrease?

Answer key

  1. 170
  2. 10
  3. 70
  4. 18
  5. 12
  6. 190
  7. 10
  8. 5
  9. 2016
  10. 20
  11. 2
  12. 4760
  13. 80
  14. 25
  15. 2875
  16. 50
  17. 50
  18. 270
  19. 9288
  20. 90
  21. 10
  22. 40
  23. 25
  24. 50
  25. 360
  26. 80
  27. 475
  28. 10
  29. 164
  30. 704
  31. 1190
  32. 37
  33. 1430
  34. 54
  35. 616
  36. 498
  37. 136
  38. 25
  39. 90
  40. 5

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