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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 87 · 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 watch for ₹1900 and sells it for ₹2050. What is the profit (in ₹)?
  2. 2.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2950. What is the profit (in ₹)?
  3. 3.The price of a pair of shoes changed from ₹100 to ₹60. What is the percentage decrease?
  4. 4.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2540. What is the profit (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹600 at 12% per year for 5 years (in ₹)?
  6. 6.What is 70% of 620?
  7. 7.What is the amount (principal + simple interest) on ₹3900 at 7% per year for 4 years (in ₹)?
  8. 8.The price of a cricket ball changed from ₹80 to ₹144. What is the percentage increase?
  9. 9.A watch bought for ₹1200 is sold for ₹1500. What is the profit per cent?
  10. 10.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2800. What is the profit (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹9000 at 3% per year for 2 years (in ₹)?
  12. 12.A mobile phone bought for ₹900 is sold for ₹1350. What is the profit per cent?
  13. 13.What is the amount (principal + simple interest) on ₹9700 at 12% per year for 2 years (in ₹)?
  14. 14.A cooler costs ₹1600. It is sold at a 12% loss. What is the selling price (in ₹)?
  15. 15.What is 80% of 620?
  16. 16.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
  17. 17.A sewing machine bought for ₹2100 is sold for ₹1848. What is the loss per cent?
  18. 18.What is the amount (principal + simple interest) on ₹8000 at 12% per year for 2 years (in ₹)?
  19. 19.What is 30% of 40?
  20. 20.What is 10% of 1000?
  21. 21.A shopkeeper buys a table for ₹2350 and sells it for ₹2370. What is the profit (in ₹)?
  22. 22.What is 20% of 120?
  23. 23.What is the simple interest on ₹9400 at 7% per year for 1 year (in ₹)?
  24. 24.A watch costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
  25. 25.What is the simple interest on ₹8500 at 2% per year for 3 years (in ₹)?
  26. 26.The price of a bus pass changed from ₹250 to ₹450. What is the percentage increase?
  27. 27.The price of a cricket ball changed from ₹80 to ₹48. What is the percentage decrease?
  28. 28.What is the simple interest on ₹500 at 12% per year for 1 year (in ₹)?
  29. 29.A cricket kit bought for ₹2700 is sold for ₹4050. What is the profit per cent?
  30. 30.A watch costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
  31. 31.A mobile phone costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
  32. 32.What is the simple interest on ₹800 at 9% per year for 3 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹8600 at 10% per year for 4 years (in ₹)?
  34. 34.What is 45% of 520?
  35. 35.What is 70% of 480?
  36. 36.A table costs ₹2400. It is sold at a 15% profit. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹8800 at 12% per year for 5 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹7800 at 12% per year for 5 years (in ₹)?
  39. 39.What is 70% of 1000?
  40. 40.What is the simple interest on ₹500 at 9% per year for 1 year (in ₹)?

Answer key

  1. 150
  2. 250
  3. 40
  4. 190
  5. 960
  6. 434
  7. 4992
  8. 80
  9. 25
  10. 300
  11. 9540
  12. 50
  13. 12028
  14. 1408
  15. 496
  16. 40
  17. 12
  18. 9920
  19. 12
  20. 100
  21. 20
  22. 24
  23. 658
  24. 440
  25. 510
  26. 80
  27. 40
  28. 60
  29. 50
  30. 1600
  31. 440
  32. 216
  33. 12040
  34. 234
  35. 336
  36. 2760
  37. 14080
  38. 12480
  39. 700
  40. 45

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