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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 853 · 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 pair of shoes changed from ₹250 to ₹100. What is the percentage decrease?
  2. 2.A cooler bought for ₹600 is sold for ₹630. What is the profit per cent?
  3. 3.A cricket kit bought for ₹1200 is sold for ₹900. What is the loss per cent?
  4. 4.A table bought for ₹1100 is sold for ₹1430. What is the profit per cent?
  5. 5.A shopkeeper buys a cooler for ₹3000 and sells it for ₹3090. What is the profit (in ₹)?
  6. 6.A cycle bought for ₹2600 is sold for ₹2990. What is the profit per cent?
  7. 7.What is the simple interest on ₹5400 at 9% per year for 5 years (in ₹)?
  8. 8.A table bought for ₹1400 is sold for ₹840. What is the loss per cent?
  9. 9.What is the simple interest on ₹6900 at 5% per year for 3 years (in ₹)?
  10. 10.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹2200. What is the profit (in ₹)?
  11. 11.What is the simple interest on ₹4500 at 4% per year for 3 years (in ₹)?
  12. 12.The price of a school bag changed from ₹200 to ₹20. What is the percentage decrease?
  13. 13.A sewing machine costs ₹1900. It is sold at a 25% profit. What is the selling price (in ₹)?
  14. 14.A mobile phone bought for ₹2300 is sold for ₹2576. What is the profit per cent?
  15. 15.What is 90% of 520?
  16. 16.A cricket kit costs ₹300. It is sold at a 50% profit. What is the selling price (in ₹)?
  17. 17.The price of a school bag changed from ₹20 to ₹14. What is the percentage decrease?
  18. 18.The price of a bus pass changed from ₹80 to ₹84. What is the percentage increase?
  19. 19.A shopkeeper buys a watch for ₹2850 and sells it for ₹2880. What is the profit (in ₹)?
  20. 20.What is the simple interest on ₹6800 at 7% per year for 1 year (in ₹)?
  21. 21.What is 5% of 640?
  22. 22.What is the simple interest on ₹8400 at 11% per year for 1 year (in ₹)?
  23. 23.What is the simple interest on ₹9800 at 6% per year for 1 year (in ₹)?
  24. 24.A shopkeeper buys a cooler for ₹1700 and sells it for ₹2000. What is the profit (in ₹)?
  25. 25.What is 20% of 420?
  26. 26.What is the amount (principal + simple interest) on ₹8100 at 6% per year for 1 year (in ₹)?
  27. 27.What is the simple interest on ₹7100 at 11% per year for 3 years (in ₹)?
  28. 28.What is the simple interest on ₹1700 at 11% per year for 5 years (in ₹)?
  29. 29.A shopkeeper buys a fan for ₹2500 and sells it for ₹2300. What is the loss (in ₹)?
  30. 30.What is 75% of 620?
  31. 31.What is 85% of 440?
  32. 32.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
  33. 33.The price of a water bottle changed from ₹400 to ₹600. What is the percentage increase?
  34. 34.What is 5% of 120?
  35. 35.What is 25% of 940?
  36. 36.What is 15% of 280?
  37. 37.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹860. What is the profit (in ₹)?
  38. 38.What is 10% of 60?
  39. 39.A cooler bought for ₹1700 is sold for ₹1496. What is the loss per cent?
  40. 40.A shopkeeper buys a fan for ₹1350 and sells it for ₹1150. What is the loss (in ₹)?

Answer key

  1. 60
  2. 5
  3. 25
  4. 30
  5. 90
  6. 15
  7. 2430
  8. 40
  9. 1035
  10. 300
  11. 540
  12. 90
  13. 2375
  14. 12
  15. 468
  16. 450
  17. 30
  18. 5
  19. 30
  20. 476
  21. 32
  22. 924
  23. 588
  24. 300
  25. 84
  26. 8586
  27. 2343
  28. 935
  29. 200
  30. 465
  31. 374
  32. 60
  33. 50
  34. 6
  35. 235
  36. 42
  37. 60
  38. 6
  39. 12
  40. 200

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