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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 828 · 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 cycle bought for ₹1100 is sold for ₹825. What is the loss per cent?
  2. 2.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2270. What is the loss (in ₹)?
  3. 3.What is the simple interest on ₹6200 at 10% per year for 1 year (in ₹)?
  4. 4.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
  5. 5.A shopkeeper buys a cooler for ₹450 and sells it for ₹750. What is the profit (in ₹)?
  6. 6.What is 5% of 980?
  7. 7.What is the simple interest on ₹8800 at 8% per year for 4 years (in ₹)?
  8. 8.A table bought for ₹1700 is sold for ₹1870. What is the profit per cent?
  9. 9.What is the amount (principal + simple interest) on ₹7800 at 9% per year for 1 year (in ₹)?
  10. 10.What is the simple interest on ₹9500 at 8% per year for 3 years (in ₹)?
  11. 11.A watch costs ₹1600. It is sold at a 10% loss. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2810. What is the profit (in ₹)?
  13. 13.What is 40% of 180?
  14. 14.What is the simple interest on ₹6300 at 3% per year for 3 years (in ₹)?
  15. 15.A fan bought for ₹500 is sold for ₹700. What is the profit per cent?
  16. 16.The price of a pair of shoes changed from ₹500 to ₹510. What is the percentage increase?
  17. 17.What is the simple interest on ₹5900 at 2% per year for 1 year (in ₹)?
  18. 18.A table costs ₹300. It is sold at a 15% profit. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a mobile phone for ₹1700 and sells it for ₹1890. What is the profit (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹3700 at 3% per year for 3 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹3300 at 5% per year for 3 years (in ₹)?
  22. 22.What is the simple interest on ₹3700 at 2% per year for 5 years (in ₹)?
  23. 23.The price of a school bag changed from ₹40 to ₹44. What is the percentage increase?
  24. 24.A sewing machine costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
  25. 25.What is 75% of 180?
  26. 26.A watch bought for ₹2300 is sold for ₹2576. What is the profit per cent?
  27. 27.A mobile phone costs ₹1300. It is sold at a 10% profit. What is the selling price (in ₹)?
  28. 28.What is the simple interest on ₹8400 at 12% per year for 5 years (in ₹)?
  29. 29.What is 20% of 320?
  30. 30.What is 20% of 120?
  31. 31.What is 80% of 240?
  32. 32.A table bought for ₹1500 is sold for ₹1350. What is the loss per cent?
  33. 33.The price of a school bag changed from ₹50 to ₹70. What is the percentage increase?
  34. 34.A shopkeeper buys a mobile phone for ₹2600 and sells it for ₹2300. What is the loss (in ₹)?
  35. 35.What is the simple interest on ₹2800 at 11% per year for 4 years (in ₹)?
  36. 36.What is 75% of 280?
  37. 37.What is 20% of 940?
  38. 38.What is the amount (principal + simple interest) on ₹7300 at 5% per year for 2 years (in ₹)?
  39. 39.What is 15% of 220?
  40. 40.A shopkeeper buys a fan for ₹2050 and sells it for ₹1910. What is the loss (in ₹)?

Answer key

  1. 25
  2. 80
  3. 620
  4. 80
  5. 300
  6. 49
  7. 2816
  8. 10
  9. 8502
  10. 2280
  11. 1440
  12. 10
  13. 72
  14. 567
  15. 40
  16. 2
  17. 118
  18. 345
  19. 190
  20. 4033
  21. 3795
  22. 370
  23. 10
  24. 1700
  25. 135
  26. 12
  27. 1430
  28. 5040
  29. 64
  30. 24
  31. 192
  32. 10
  33. 40
  34. 300
  35. 1232
  36. 210
  37. 188
  38. 8030
  39. 33
  40. 140

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