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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 877 · 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 ₹50 to ₹49. What is the percentage decrease?
  2. 2.A table bought for ₹300 is sold for ₹285. What is the loss per cent?
  3. 3.What is the simple interest on ₹9300 at 2% per year for 1 year (in ₹)?
  4. 4.A cricket kit costs ₹400. It is sold at a 20% profit. What is the selling price (in ₹)?
  5. 5.What is 90% of 580?
  6. 6.A fan bought for ₹1600 is sold for ₹2240. What is the profit per cent?
  7. 7.A cricket kit bought for ₹300 is sold for ₹210. What is the loss per cent?
  8. 8.The price of a water bottle changed from ₹500 to ₹510. What is the percentage increase?
  9. 9.What is 20% of 440?
  10. 10.A cricket kit bought for ₹3600 is sold for ₹2520. What is the loss per cent?
  11. 11.What is 60% of 520?
  12. 12.A sewing machine bought for ₹500 is sold for ₹750. What is the profit per cent?
  13. 13.A shopkeeper buys a table for ₹650 and sells it for ₹440. What is the loss (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹8600 at 6% per year for 2 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹2500 at 6% per year for 3 years (in ₹)?
  16. 16.A cycle costs ₹900. It is sold at a 40% loss. What is the selling price (in ₹)?
  17. 17.What is the simple interest on ₹4300 at 2% per year for 3 years (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹1800 at 4% per year for 3 years (in ₹)?
  19. 19.A sewing machine costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a watch for ₹900 and sells it for ₹1120. What is the profit (in ₹)?
  21. 21.A watch bought for ₹1800 is sold for ₹1890. What is the profit per cent?
  22. 22.A shopkeeper buys a sewing machine for ₹850 and sells it for ₹660. What is the loss (in ₹)?
  23. 23.A mobile phone costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹1260. What is the profit (in ₹)?
  25. 25.The price of a bus pass changed from ₹500 to ₹750. What is the percentage increase?
  26. 26.A cooler costs ₹2100. It is sold at a 50% loss. What is the selling price (in ₹)?
  27. 27.A cycle bought for ₹2100 is sold for ₹1848. What is the loss per cent?
  28. 28.A sewing machine bought for ₹1700 is sold for ₹2550. What is the profit per cent?
  29. 29.A cycle costs ₹1300. It is sold at a 20% loss. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a cycle for ₹1850 and sells it for ₹2130. What is the profit (in ₹)?
  31. 31.A table bought for ₹3200 is sold for ₹3584. What is the profit per cent?
  32. 32.What is 35% of 800?
  33. 33.What is the amount (principal + simple interest) on ₹4000 at 10% per year for 5 years (in ₹)?
  34. 34.A shopkeeper buys a fan for ₹2250 and sells it for ₹2170. What is the loss (in ₹)?
  35. 35.A sewing machine costs ₹4000. It is sold at a 12% profit. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a mobile phone for ₹1200 and sells it for ₹1170. What is the loss (in ₹)?
  37. 37.A mobile phone bought for ₹500 is sold for ₹400. What is the loss per cent?
  38. 38.What is 5% of 600?
  39. 39.A table bought for ₹1100 is sold for ₹1210. What is the profit per cent?
  40. 40.A shopkeeper buys a sewing machine for ₹2300 and sells it for ₹2130. What is the loss (in ₹)?

Answer key

  1. 2
  2. 5
  3. 186
  4. 480
  5. 522
  6. 40
  7. 30
  8. 2
  9. 88
  10. 30
  11. 312
  12. 50
  13. 210
  14. 9632
  15. 2950
  16. 540
  17. 258
  18. 2016
  19. 4030
  20. 220
  21. 5
  22. 190
  23. 2816
  24. 260
  25. 50
  26. 1050
  27. 12
  28. 50
  29. 1040
  30. 280
  31. 12
  32. 280
  33. 6000
  34. 80
  35. 4480
  36. 30
  37. 20
  38. 30
  39. 10
  40. 170

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