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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 805 · 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 ₹400. It is sold at a 20% profit. What is the selling price (in ₹)?
  2. 2.The price of a cricket ball changed from ₹500 to ₹100. What is the percentage decrease?
  3. 3.What is 40% of 260?
  4. 4.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2540. What is the loss (in ₹)?
  5. 5.A cycle costs ₹700. It is sold at a 15% loss. What is the selling price (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹6200 at 10% per year for 2 years (in ₹)?
  7. 7.A shopkeeper buys a cooler for ₹650 and sells it for ₹920. What is the profit (in ₹)?
  8. 8.A fan costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
  9. 9.A watch costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
  10. 10.A fan costs ₹2000. It is sold at a 40% profit. What is the selling price (in ₹)?
  11. 11.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1630. What is the profit (in ₹)?
  12. 12.What is the simple interest on ₹9700 at 2% per year for 5 years (in ₹)?
  13. 13.A cooler bought for ₹4000 is sold for ₹2400. What is the loss per cent?
  14. 14.A mobile phone bought for ₹500 is sold for ₹350. What is the loss per cent?
  15. 15.A sewing machine bought for ₹1700 is sold for ₹1190. What is the loss per cent?
  16. 16.A cooler bought for ₹2700 is sold for ₹1350. What is the loss per cent?
  17. 17.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2070. What is the profit (in ₹)?
  18. 18.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?
  19. 19.A shopkeeper buys a fan for ₹1400 and sells it for ₹1200. What is the loss (in ₹)?
  20. 20.A cycle costs ₹3400. It is sold at a 40% loss. What is the selling price (in ₹)?
  21. 21.What is the simple interest on ₹9800 at 4% per year for 5 years (in ₹)?
  22. 22.A fan costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
  23. 23.A cooler bought for ₹3400 is sold for ₹2550. What is the loss per cent?
  24. 24.A cricket kit costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
  25. 25.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹720. What is the loss (in ₹)?
  26. 26.A watch costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
  27. 27.What is 45% of 620?
  28. 28.The price of a water bottle changed from ₹40 to ₹60. What is the percentage increase?
  29. 29.What is 45% of 560?
  30. 30.What is the simple interest on ₹2500 at 3% per year for 3 years (in ₹)?
  31. 31.The price of a pair of shoes changed from ₹50 to ₹35. What is the percentage decrease?
  32. 32.What is the simple interest on ₹6200 at 6% per year for 1 year (in ₹)?
  33. 33.A cooler costs ₹700. It is sold at a 50% loss. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹2100 at 12% per year for 5 years (in ₹)?
  35. 35.What is 20% of 460?
  36. 36.What is 75% of 260?
  37. 37.A sewing machine costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
  38. 38.What is 70% of 820?
  39. 39.A shopkeeper buys a table for ₹2650 and sells it for ₹2370. What is the loss (in ₹)?
  40. 40.What is 70% of 260?

Answer key

  1. 480
  2. 80
  3. 104
  4. 110
  5. 595
  6. 7440
  7. 270
  8. 450
  9. 5250
  10. 2800
  11. 130
  12. 970
  13. 40
  14. 30
  15. 30
  16. 50
  17. 120
  18. 50
  19. 200
  20. 2040
  21. 1960
  22. 540
  23. 25
  24. 1760
  25. 30
  26. 4030
  27. 279
  28. 50
  29. 252
  30. 225
  31. 30
  32. 372
  33. 350
  34. 3360
  35. 92
  36. 195
  37. 360
  38. 574
  39. 280
  40. 182

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