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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 872 · 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 box of mangoes changed from ₹80 to ₹88. What is the percentage increase?
  2. 2.A cycle bought for ₹2200 is sold for ₹2464. What is the profit per cent?
  3. 3.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹400. What is the profit (in ₹)?
  4. 4.A cricket kit bought for ₹700 is sold for ₹630. What is the loss per cent?
  5. 5.What is the amount (principal + simple interest) on ₹2700 at 11% per year for 5 years (in ₹)?
  6. 6.What is 35% of 100?
  7. 7.What is the amount (principal + simple interest) on ₹1900 at 3% per year for 1 year (in ₹)?
  8. 8.A cycle costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
  9. 9.What is 85% of 700?
  10. 10.A shopkeeper buys a table for ₹1550 and sells it for ₹1270. What is the loss (in ₹)?
  11. 11.What is 70% of 620?
  12. 12.A fan costs ₹400. It is sold at a 30% loss. What is the selling price (in ₹)?
  13. 13.A watch costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
  14. 14.What is the simple interest on ₹1600 at 6% per year for 4 years (in ₹)?
  15. 15.A cycle bought for ₹700 is sold for ₹630. What is the loss per cent?
  16. 16.What is 45% of 580?
  17. 17.What is the simple interest on ₹5200 at 8% per year for 3 years (in ₹)?
  18. 18.A cooler bought for ₹3700 is sold for ₹4625. What is the profit per cent?
  19. 19.A fan costs ₹2900. It is sold at a 10% loss. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹2650. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a table for ₹2700 and sells it for ₹2720. What is the profit (in ₹)?
  22. 22.What is 40% of 700?
  23. 23.What is 5% of 980?
  24. 24.A shopkeeper buys a cycle for ₹500 and sells it for ₹730. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹600 at 5% per year for 4 years (in ₹)?
  26. 26.A shopkeeper buys a cycle for ₹1900 and sells it for ₹1710. What is the loss (in ₹)?
  27. 27.A mobile phone bought for ₹800 is sold for ₹560. What is the loss per cent?
  28. 28.A watch bought for ₹800 is sold for ₹1000. What is the profit per cent?
  29. 29.A cycle bought for ₹3300 is sold for ₹3630. What is the profit per cent?
  30. 30.A mobile phone bought for ₹1500 is sold for ₹1050. What is the loss per cent?
  31. 31.The price of a water bottle changed from ₹500 to ₹350. What is the percentage decrease?
  32. 32.The price of a school bag changed from ₹400 to ₹600. What is the percentage increase?
  33. 33.The price of a water bottle changed from ₹50 to ₹75. What is the percentage increase?
  34. 34.A table bought for ₹2500 is sold for ₹2750. What is the profit per cent?
  35. 35.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1810. What is the profit (in ₹)?
  36. 36.The price of a cricket ball changed from ₹50 to ₹40. What is the percentage decrease?
  37. 37.The price of a school bag changed from ₹20 to ₹30. What is the percentage increase?
  38. 38.A fan costs ₹900. It is sold at a 12% loss. What is the selling price (in ₹)?
  39. 39.What is 15% of 860?
  40. 40.What is 90% of 120?

Answer key

  1. 10
  2. 12
  3. 150
  4. 10
  5. 4185
  6. 35
  7. 1957
  8. 2520
  9. 595
  10. 280
  11. 434
  12. 280
  13. 3000
  14. 384
  15. 10
  16. 261
  17. 1248
  18. 25
  19. 2610
  20. 250
  21. 20
  22. 280
  23. 49
  24. 230
  25. 720
  26. 190
  27. 30
  28. 25
  29. 10
  30. 30
  31. 30
  32. 50
  33. 50
  34. 10
  35. 110
  36. 20
  37. 50
  38. 792
  39. 129
  40. 108

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