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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 892 · 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 45% of 840?
  2. 2.A shopkeeper buys a cooler for ₹650 and sells it for ₹720. What is the profit (in ₹)?
  3. 3.What is 10% of 740?
  4. 4.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹1740. What is the loss (in ₹)?
  5. 5.The price of a school bag changed from ₹20 to ₹12. What is the percentage decrease?
  6. 6.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹750. What is the profit (in ₹)?
  7. 7.The price of a pair of shoes changed from ₹200 to ₹150. What is the percentage decrease?
  8. 8.A shopkeeper buys a watch for ₹1950 and sells it for ₹1660. What is the loss (in ₹)?
  9. 9.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
  10. 10.What is 65% of 380?
  11. 11.A cooler bought for ₹1200 is sold for ₹960. What is the loss per cent?
  12. 12.A shopkeeper buys a cycle for ₹2900 and sells it for ₹2680. What is the loss (in ₹)?
  13. 13.A cooler costs ₹1400. It is sold at a 12% loss. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a mobile phone for ₹2400 and sells it for ₹2180. What is the loss (in ₹)?
  15. 15.A cooler bought for ₹2700 is sold for ₹3375. What is the profit per cent?
  16. 16.What is 45% of 1000?
  17. 17.A fan costs ₹1400. It is sold at a 30% profit. What is the selling price (in ₹)?
  18. 18.A cycle bought for ₹3400 is sold for ₹5100. What is the profit per cent?
  19. 19.What is 90% of 200?
  20. 20.A mobile phone costs ₹3100. It is sold at a 5% profit. What is the selling price (in ₹)?
  21. 21.What is 85% of 620?
  22. 22.What is 20% of 1000?
  23. 23.What is the amount (principal + simple interest) on ₹4100 at 5% per year for 2 years (in ₹)?
  24. 24.A shopkeeper buys a cycle for ₹2250 and sells it for ₹2390. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹7400 at 7% per year for 4 years (in ₹)?
  26. 26.The price of a bus pass changed from ₹400 to ₹404. What is the percentage increase?
  27. 27.A fan costs ₹2300. It is sold at a 20% profit. What is the selling price (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹6200 at 10% per year for 4 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹9500 at 7% per year for 2 years (in ₹)?
  30. 30.A cycle bought for ₹3100 is sold for ₹2480. What is the loss per cent?
  31. 31.What is the simple interest on ₹5300 at 10% per year for 5 years (in ₹)?
  32. 32.A cycle costs ₹1700. It is sold at a 12% loss. What is the selling price (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹5700 at 6% per year for 3 years (in ₹)?
  34. 34.A watch bought for ₹2000 is sold for ₹1200. What is the loss per cent?
  35. 35.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹180. What is the loss (in ₹)?
  36. 36.A fan bought for ₹1900 is sold for ₹2375. What is the profit per cent?
  37. 37.A shopkeeper buys a fan for ₹1100 and sells it for ₹1180. What is the profit (in ₹)?
  38. 38.A shopkeeper buys a cooler for ₹600 and sells it for ₹350. What is the loss (in ₹)?
  39. 39.What is 35% of 620?
  40. 40.The price of a cricket ball changed from ₹100 to ₹40. What is the percentage decrease?

Answer key

  1. 378
  2. 70
  3. 74
  4. 260
  5. 40
  6. 300
  7. 25
  8. 290
  9. 20
  10. 247
  11. 20
  12. 220
  13. 1232
  14. 220
  15. 25
  16. 450
  17. 1820
  18. 50
  19. 180
  20. 3255
  21. 527
  22. 200
  23. 4510
  24. 140
  25. 9472
  26. 1
  27. 2760
  28. 8680
  29. 10830
  30. 20
  31. 2650
  32. 1496
  33. 6726
  34. 40
  35. 170
  36. 25
  37. 80
  38. 250
  39. 217
  40. 60

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