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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 824 · 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 ₹80 to ₹120. What is the percentage increase?
  2. 2.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2110. What is the loss (in ₹)?
  3. 3.A cycle costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
  4. 4.What is 65% of 80?
  5. 5.What is the simple interest on ₹4400 at 7% per year for 5 years (in ₹)?
  6. 6.What is the simple interest on ₹3400 at 11% per year for 4 years (in ₹)?
  7. 7.The price of a box of mangoes changed from ₹200 to ₹20. What is the percentage decrease?
  8. 8.A mobile phone costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
  9. 9.What is 65% of 420?
  10. 10.A cricket kit costs ₹2200. It is sold at a 50% profit. What is the selling price (in ₹)?
  11. 11.What is the simple interest on ₹5600 at 4% per year for 4 years (in ₹)?
  12. 12.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1820. What is the loss (in ₹)?
  13. 13.A shopkeeper buys a fan for ₹2450 and sells it for ₹2690. What is the profit (in ₹)?
  14. 14.What is the simple interest on ₹6900 at 2% per year for 1 year (in ₹)?
  15. 15.A cooler costs ₹2000. It is sold at a 12% profit. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2690. What is the loss (in ₹)?
  17. 17.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹1960. What is the profit (in ₹)?
  18. 18.A sewing machine costs ₹3000. It is sold at a 5% loss. What is the selling price (in ₹)?
  19. 19.A watch costs ₹1900. It is sold at a 50% loss. What is the selling price (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹6900 at 6% per year for 3 years (in ₹)?
  21. 21.A fan bought for ₹3600 is sold for ₹3060. What is the loss per cent?
  22. 22.A fan costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
  23. 23.A mobile phone costs ₹1800. It is sold at a 25% profit. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a table for ₹1850 and sells it for ₹1670. What is the loss (in ₹)?
  25. 25.The price of a box of mangoes changed from ₹200 to ₹260. What is the percentage increase?
  26. 26.What is the amount (principal + simple interest) on ₹1800 at 11% per year for 1 year (in ₹)?
  27. 27.The price of a water bottle changed from ₹400 to ₹700. What is the percentage increase?
  28. 28.A cooler bought for ₹300 is sold for ₹150. What is the loss per cent?
  29. 29.A cycle bought for ₹700 is sold for ₹840. What is the profit per cent?
  30. 30.What is 25% of 180?
  31. 31.A cycle bought for ₹300 is sold for ₹285. What is the loss per cent?
  32. 32.A cooler bought for ₹500 is sold for ₹440. What is the loss per cent?
  33. 33.The price of a water bottle changed from ₹100 to ₹120. What is the percentage increase?
  34. 34.What is 80% of 440?
  35. 35.What is 90% of 560?
  36. 36.What is the simple interest on ₹2500 at 10% per year for 5 years (in ₹)?
  37. 37.A shopkeeper buys a cycle for ₹2150 and sells it for ₹2200. What is the profit (in ₹)?
  38. 38.A cricket kit bought for ₹200 is sold for ₹150. What is the loss per cent?
  39. 39.What is the simple interest on ₹6400 at 5% per year for 1 year (in ₹)?
  40. 40.A table costs ₹2200. It is sold at a 12% loss. What is the selling price (in ₹)?

Answer key

  1. 50
  2. 190
  3. 390
  4. 52
  5. 1540
  6. 1496
  7. 90
  8. 855
  9. 273
  10. 3300
  11. 896
  12. 30
  13. 240
  14. 138
  15. 2240
  16. 110
  17. 110
  18. 2850
  19. 950
  20. 8142
  21. 15
  22. 1904
  23. 2250
  24. 180
  25. 30
  26. 1998
  27. 75
  28. 50
  29. 20
  30. 45
  31. 5
  32. 12
  33. 20
  34. 352
  35. 504
  36. 1250
  37. 50
  38. 25
  39. 320
  40. 1936

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