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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 869 · 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 shopkeeper buys a cycle for ₹2750 and sells it for ₹2550. What is the loss (in ₹)?
  2. 2.What is 85% of 40?
  3. 3.A sewing machine costs ₹2800. It is sold at a 30% profit. What is the selling price (in ₹)?
  4. 4.A fan bought for ₹4000 is sold for ₹2000. What is the loss per cent?
  5. 5.A shopkeeper buys a mobile phone for ₹2700 and sells it for ₹2650. What is the loss (in ₹)?
  6. 6.The price of a water bottle changed from ₹40 to ₹24. What is the percentage decrease?
  7. 7.What is the amount (principal + simple interest) on ₹9700 at 12% per year for 5 years (in ₹)?
  8. 8.What is 5% of 240?
  9. 9.A watch costs ₹300. It is sold at a 40% profit. What is the selling price (in ₹)?
  10. 10.A watch bought for ₹2800 is sold for ₹2940. What is the profit per cent?
  11. 11.A watch bought for ₹1000 is sold for ₹1150. What is the profit per cent?
  12. 12.The price of a bus pass changed from ₹20 to ₹18. What is the percentage decrease?
  13. 13.A cooler bought for ₹2800 is sold for ₹1400. What is the loss per cent?
  14. 14.What is 55% of 560?
  15. 15.What is the amount (principal + simple interest) on ₹6100 at 5% per year for 3 years (in ₹)?
  16. 16.A cooler costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
  17. 17.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1150. What is the loss (in ₹)?
  18. 18.A cooler bought for ₹3600 is sold for ₹4320. What is the profit per cent?
  19. 19.What is the amount (principal + simple interest) on ₹6300 at 6% per year for 2 years (in ₹)?
  20. 20.The price of a school bag changed from ₹100 to ₹75. What is the percentage decrease?
  21. 21.What is 70% of 520?
  22. 22.The price of a bus pass changed from ₹100 to ₹70. What is the percentage decrease?
  23. 23.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2200. What is the profit (in ₹)?
  24. 24.What is the simple interest on ₹9900 at 3% per year for 4 years (in ₹)?
  25. 25.A fan bought for ₹2700 is sold for ₹3780. What is the profit per cent?
  26. 26.A shopkeeper buys a watch for ₹400 and sells it for ₹410. What is the profit (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹8300 at 10% per year for 2 years (in ₹)?
  28. 28.A table costs ₹1900. It is sold at a 25% loss. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹5400 at 5% per year for 2 years (in ₹)?
  30. 30.The price of a box of mangoes changed from ₹100 to ₹110. What is the percentage increase?
  31. 31.A cooler bought for ₹3500 is sold for ₹2975. What is the loss per cent?
  32. 32.A cricket kit bought for ₹200 is sold for ₹176. What is the loss per cent?
  33. 33.The price of a box of mangoes changed from ₹40 to ₹76. What is the percentage increase?
  34. 34.What is the simple interest on ₹2000 at 12% per year for 5 years (in ₹)?
  35. 35.The price of a pair of shoes changed from ₹20 to ₹21. What is the percentage increase?
  36. 36.A cooler bought for ₹2100 is sold for ₹2415. What is the profit per cent?
  37. 37.The price of a pair of shoes changed from ₹500 to ₹550. What is the percentage increase?
  38. 38.The price of a school bag changed from ₹100 to ₹102. What is the percentage increase?
  39. 39.What is the simple interest on ₹6600 at 12% per year for 1 year (in ₹)?
  40. 40.The price of a school bag changed from ₹100 to ₹90. What is the percentage decrease?

Answer key

  1. 200
  2. 34
  3. 3640
  4. 50
  5. 50
  6. 40
  7. 15520
  8. 12
  9. 420
  10. 5
  11. 15
  12. 10
  13. 50
  14. 308
  15. 7015
  16. 3600
  17. 50
  18. 20
  19. 7056
  20. 25
  21. 364
  22. 30
  23. 250
  24. 1188
  25. 40
  26. 10
  27. 9960
  28. 1425
  29. 5940
  30. 10
  31. 15
  32. 12
  33. 90
  34. 1200
  35. 5
  36. 15
  37. 10
  38. 2
  39. 792
  40. 10

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