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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 879 · 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.What is 15% of 820?
  2. 2.A mobile phone bought for ₹1200 is sold for ₹1380. What is the profit per cent?
  3. 3.The price of a pair of shoes changed from ₹20 to ₹36. What is the percentage increase?
  4. 4.A cycle costs ₹3000. It is sold at a 40% loss. What is the selling price (in ₹)?
  5. 5.A shopkeeper buys a fan for ₹2200 and sells it for ₹2260. What is the profit (in ₹)?
  6. 6.A shopkeeper buys a table for ₹1650 and sells it for ₹1430. What is the loss (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹370. What is the loss (in ₹)?
  8. 8.The price of a pair of shoes changed from ₹250 to ₹400. What is the percentage increase?
  9. 9.The price of a bus pass changed from ₹250 to ₹25. What is the percentage decrease?
  10. 10.A cycle bought for ₹1100 is sold for ₹550. What is the loss per cent?
  11. 11.What is 65% of 280?
  12. 12.A shopkeeper buys a cycle for ₹1650 and sells it for ₹1520. What is the loss (in ₹)?
  13. 13.What is the simple interest on ₹5300 at 5% per year for 3 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹2200 at 5% per year for 5 years (in ₹)?
  15. 15.The price of a box of mangoes changed from ₹20 to ₹15. What is the percentage decrease?
  16. 16.What is 65% of 180?
  17. 17.The price of a bus pass changed from ₹400 to ₹440. What is the percentage increase?
  18. 18.What is the simple interest on ₹7000 at 2% per year for 1 year (in ₹)?
  19. 19.What is 90% of 400?
  20. 20.What is the amount (principal + simple interest) on ₹2600 at 5% per year for 1 year (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹9500 at 11% per year for 1 year (in ₹)?
  22. 22.A sewing machine costs ₹800. It is sold at a 10% loss. What is the selling price (in ₹)?
  23. 23.A watch bought for ₹2300 is sold for ₹1955. What is the loss per cent?
  24. 24.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1470. What is the profit (in ₹)?
  25. 25.A table costs ₹1800. It is sold at a 20% profit. What is the selling price (in ₹)?
  26. 26.What is 5% of 80?
  27. 27.The price of a bus pass changed from ₹400 to ₹408. What is the percentage increase?
  28. 28.What is the simple interest on ₹9000 at 2% per year for 5 years (in ₹)?
  29. 29.What is 90% of 460?
  30. 30.A cricket kit bought for ₹2000 is sold for ₹2400. What is the profit per cent?
  31. 31.The price of a bus pass changed from ₹500 to ₹700. What is the percentage increase?
  32. 32.A shopkeeper buys a watch for ₹1250 and sells it for ₹1280. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a cricket kit for ₹1400 and sells it for ₹1590. What is the profit (in ₹)?
  34. 34.A cricket kit bought for ₹3700 is sold for ₹4255. What is the profit per cent?
  35. 35.What is 60% of 300?
  36. 36.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹2600. What is the loss (in ₹)?
  37. 37.What is the simple interest on ₹2600 at 4% per year for 4 years (in ₹)?
  38. 38.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹380. What is the profit (in ₹)?
  39. 39.What is 10% of 540?
  40. 40.The price of a water bottle changed from ₹200 to ₹350. What is the percentage increase?

Answer key

  1. 123
  2. 15
  3. 80
  4. 1800
  5. 60
  6. 220
  7. 180
  8. 60
  9. 90
  10. 50
  11. 182
  12. 130
  13. 795
  14. 2750
  15. 25
  16. 117
  17. 10
  18. 140
  19. 360
  20. 2730
  21. 10545
  22. 720
  23. 15
  24. 120
  25. 2160
  26. 4
  27. 2
  28. 900
  29. 414
  30. 20
  31. 40
  32. 30
  33. 190
  34. 15
  35. 180
  36. 200
  37. 416
  38. 30
  39. 54
  40. 75

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