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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 820 · 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 ₹900 and sells it for ₹840. What is the loss (in ₹)?
  2. 2.The price of a pair of shoes changed from ₹500 to ₹750. What is the percentage increase?
  3. 3.A shopkeeper buys a table for ₹750 and sells it for ₹700. What is the loss (in ₹)?
  4. 4.A cricket kit costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
  5. 5.A fan costs ₹3700. It is sold at a 25% loss. What is the selling price (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹9500 at 11% per year for 2 years (in ₹)?
  7. 7.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
  8. 8.A cooler bought for ₹1800 is sold for ₹1710. What is the loss per cent?
  9. 9.What is 15% of 140?
  10. 10.A watch costs ₹3700. It is sold at a 10% loss. What is the selling price (in ₹)?
  11. 11.A cycle bought for ₹1300 is sold for ₹910. What is the loss per cent?
  12. 12.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 1 year (in ₹)?
  13. 13.A cricket kit costs ₹3800. It is sold at a 10% profit. What is the selling price (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹1200 at 7% per year for 2 years (in ₹)?
  15. 15.The price of a school bag changed from ₹80 to ₹120. What is the percentage increase?
  16. 16.What is the simple interest on ₹6800 at 3% per year for 1 year (in ₹)?
  17. 17.What is 10% of 580?
  18. 18.A cycle costs ₹2700. It is sold at a 5% loss. What is the selling price (in ₹)?
  19. 19.A fan bought for ₹200 is sold for ₹140. What is the loss per cent?
  20. 20.What is the simple interest on ₹6500 at 5% per year for 2 years (in ₹)?
  21. 21.What is the simple interest on ₹1400 at 3% per year for 5 years (in ₹)?
  22. 22.A watch bought for ₹2100 is sold for ₹2520. What is the profit per cent?
  23. 23.The price of a pair of shoes changed from ₹50 to ₹30. What is the percentage decrease?
  24. 24.What is 35% of 100?
  25. 25.What is 85% of 320?
  26. 26.What is 10% of 420?
  27. 27.What is the simple interest on ₹1600 at 10% per year for 5 years (in ₹)?
  28. 28.A cricket kit costs ₹2000. It is sold at a 10% profit. What is the selling price (in ₹)?
  29. 29.What is 25% of 940?
  30. 30.What is the amount (principal + simple interest) on ₹6800 at 5% per year for 3 years (in ₹)?
  31. 31.What is 10% of 340?
  32. 32.A sewing machine bought for ₹200 is sold for ₹260. What is the profit per cent?
  33. 33.A cricket kit bought for ₹2700 is sold for ₹2430. What is the loss per cent?
  34. 34.What is 70% of 620?
  35. 35.A shopkeeper buys a watch for ₹3000 and sells it for ₹2740. What is the loss (in ₹)?
  36. 36.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2580. What is the profit (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹3300 at 2% per year for 1 year (in ₹)?
  38. 38.A cycle costs ₹3200. It is sold at a 5% loss. What is the selling price (in ₹)?
  39. 39.The price of a school bag changed from ₹80 to ₹128. What is the percentage increase?
  40. 40.What is the amount (principal + simple interest) on ₹9700 at 9% per year for 5 years (in ₹)?

Answer key

  1. 60
  2. 50
  3. 50
  4. 1710
  5. 2775
  6. 11590
  7. 40
  8. 5
  9. 21
  10. 3330
  11. 30
  12. 5304
  13. 4180
  14. 1368
  15. 50
  16. 204
  17. 58
  18. 2565
  19. 30
  20. 650
  21. 210
  22. 20
  23. 40
  24. 35
  25. 272
  26. 42
  27. 800
  28. 2200
  29. 235
  30. 7820
  31. 34
  32. 30
  33. 10
  34. 434
  35. 260
  36. 80
  37. 3366
  38. 3040
  39. 60
  40. 14065

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