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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 867 · 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.

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  1. 1.A watch costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
  2. 2.A cycle bought for ₹500 is sold for ₹425. What is the loss per cent?
  3. 3.A cycle bought for ₹2100 is sold for ₹1575. What is the loss per cent?
  4. 4.What is the amount (principal + simple interest) on ₹8600 at 8% per year for 5 years (in ₹)?
  5. 5.A fan bought for ₹1300 is sold for ₹1430. What is the profit per cent?
  6. 6.The price of a box of mangoes changed from ₹500 to ₹900. What is the percentage increase?
  7. 7.A sewing machine costs ₹3800. It is sold at a 15% profit. What is the selling price (in ₹)?
  8. 8.A cycle costs ₹4000. It is sold at a 15% profit. What is the selling price (in ₹)?
  9. 9.A table bought for ₹1200 is sold for ₹1380. What is the profit per cent?
  10. 10.A shopkeeper buys a table for ₹2300 and sells it for ₹2200. What is the loss (in ₹)?
  11. 11.A mobile phone bought for ₹1700 is sold for ₹1496. What is the loss per cent?
  12. 12.The price of a bus pass changed from ₹500 to ₹495. What is the percentage decrease?
  13. 13.A watch bought for ₹600 is sold for ₹300. What is the loss per cent?
  14. 14.What is 90% of 520?
  15. 15.A fan costs ₹3400. It is sold at a 30% profit. What is the selling price (in ₹)?
  16. 16.What is 55% of 60?
  17. 17.A cooler bought for ₹1200 is sold for ₹1080. What is the loss per cent?
  18. 18.What is the amount (principal + simple interest) on ₹1200 at 5% per year for 3 years (in ₹)?
  19. 19.The price of a bus pass changed from ₹100 to ₹150. What is the percentage increase?
  20. 20.What is the simple interest on ₹6300 at 6% per year for 5 years (in ₹)?
  21. 21.What is 15% of 220?
  22. 22.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
  23. 23.The price of a water bottle changed from ₹400 to ₹404. What is the percentage increase?
  24. 24.What is 65% of 720?
  25. 25.A shopkeeper buys a table for ₹1900 and sells it for ₹2200. What is the profit (in ₹)?
  26. 26.What is the simple interest on ₹5400 at 2% per year for 1 year (in ₹)?
  27. 27.What is the simple interest on ₹9500 at 8% per year for 4 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 4 years (in ₹)?
  29. 29.A fan bought for ₹800 is sold for ₹960. What is the profit per cent?
  30. 30.What is 90% of 220?
  31. 31.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹360. What is the profit (in ₹)?
  32. 32.The price of a bus pass changed from ₹500 to ₹475. What is the percentage decrease?
  33. 33.What is the simple interest on ₹8100 at 4% per year for 4 years (in ₹)?
  34. 34.What is the simple interest on ₹5300 at 3% per year for 1 year (in ₹)?
  35. 35.A watch bought for ₹800 is sold for ₹560. What is the loss per cent?
  36. 36.A shopkeeper buys a watch for ₹2450 and sells it for ₹2290. What is the loss (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹4100 at 5% per year for 1 year (in ₹)?
  38. 38.A cooler costs ₹2500. It is sold at a 5% loss. What is the selling price (in ₹)?
  39. 39.A cricket kit costs ₹400. It is sold at a 15% profit. What is the selling price (in ₹)?
  40. 40.The price of a school bag changed from ₹50 to ₹30. What is the percentage decrease?

Answer key

  1. 1760
  2. 15
  3. 25
  4. 12040
  5. 10
  6. 80
  7. 4370
  8. 4600
  9. 15
  10. 100
  11. 12
  12. 1
  13. 50
  14. 468
  15. 4420
  16. 33
  17. 10
  18. 1380
  19. 50
  20. 1890
  21. 33
  22. 30
  23. 1
  24. 468
  25. 300
  26. 108
  27. 3040
  28. 7020
  29. 20
  30. 198
  31. 110
  32. 5
  33. 1296
  34. 159
  35. 30
  36. 160
  37. 4305
  38. 2375
  39. 460
  40. 40

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