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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 851 · 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 table costs ₹1100. It is sold at a 40% profit. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a watch for ₹2450 and sells it for ₹2280. What is the loss (in ₹)?
  3. 3.A shopkeeper buys a cycle for ₹450 and sells it for ₹390. What is the loss (in ₹)?
  4. 4.A sewing machine bought for ₹3000 is sold for ₹4200. What is the profit per cent?
  5. 5.A sewing machine bought for ₹1200 is sold for ₹1080. What is the loss per cent?
  6. 6.A cricket kit costs ₹3500. It is sold at a 40% profit. What is the selling price (in ₹)?
  7. 7.A cooler costs ₹2000. It is sold at a 40% profit. What is the selling price (in ₹)?
  8. 8.What is 65% of 400?
  9. 9.What is 90% of 300?
  10. 10.A sewing machine bought for ₹200 is sold for ₹220. What is the profit per cent?
  11. 11.What is the amount (principal + simple interest) on ₹8000 at 11% per year for 1 year (in ₹)?
  12. 12.What is the simple interest on ₹2300 at 4% per year for 4 years (in ₹)?
  13. 13.The price of a cricket ball changed from ₹25 to ₹35. What is the percentage increase?
  14. 14.The price of a pair of shoes changed from ₹500 to ₹100. What is the percentage decrease?
  15. 15.What is 5% of 220?
  16. 16.A cricket kit costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
  17. 17.A shopkeeper buys a watch for ₹2650 and sells it for ₹2570. What is the loss (in ₹)?
  18. 18.A watch bought for ₹1900 is sold for ₹1330. What is the loss per cent?
  19. 19.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1260. What is the loss (in ₹)?
  20. 20.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹320. What is the loss (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹8000 at 7% per year for 2 years (in ₹)?
  22. 22.A shopkeeper buys a cycle for ₹450 and sells it for ₹580. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹300. What is the loss (in ₹)?
  24. 24.What is 55% of 780?
  25. 25.What is the amount (principal + simple interest) on ₹2700 at 6% per year for 1 year (in ₹)?
  26. 26.A sewing machine costs ₹2600. It is sold at a 50% loss. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹3700 at 5% per year for 3 years (in ₹)?
  28. 28.A cooler bought for ₹1900 is sold for ₹1520. What is the loss per cent?
  29. 29.What is the simple interest on ₹6600 at 12% per year for 3 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹9100 at 6% per year for 4 years (in ₹)?
  31. 31.What is 90% of 60?
  32. 32.What is the simple interest on ₹4400 at 9% per year for 5 years (in ₹)?
  33. 33.A shopkeeper buys a cooler for ₹750 and sells it for ₹800. What is the profit (in ₹)?
  34. 34.A cycle costs ₹200. It is sold at a 5% profit. What is the selling price (in ₹)?
  35. 35.A table bought for ₹200 is sold for ₹170. What is the loss per cent?
  36. 36.What is the simple interest on ₹7700 at 5% per year for 5 years (in ₹)?
  37. 37.The price of a bus pass changed from ₹250 to ₹245. What is the percentage decrease?
  38. 38.A sewing machine bought for ₹2100 is sold for ₹1890. What is the loss per cent?
  39. 39.What is the simple interest on ₹5100 at 5% per year for 2 years (in ₹)?
  40. 40.What is the simple interest on ₹7200 at 4% per year for 1 year (in ₹)?

Answer key

  1. 1540
  2. 170
  3. 60
  4. 40
  5. 10
  6. 4900
  7. 2800
  8. 260
  9. 270
  10. 10
  11. 8880
  12. 368
  13. 40
  14. 80
  15. 11
  16. 2730
  17. 80
  18. 30
  19. 240
  20. 30
  21. 9120
  22. 130
  23. 250
  24. 429
  25. 2862
  26. 1300
  27. 555
  28. 20
  29. 2376
  30. 11284
  31. 54
  32. 1980
  33. 50
  34. 210
  35. 15
  36. 1925
  37. 2
  38. 10
  39. 510
  40. 288

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