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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 897 · 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 school bag changed from ₹100 to ₹60. What is the percentage decrease?
  2. 2.What is 45% of 600?
  3. 3.A table bought for ₹3100 is sold for ₹3875. What is the profit per cent?
  4. 4.What is 20% of 780?
  5. 5.A mobile phone bought for ₹700 is sold for ₹805. What is the profit per cent?
  6. 6.A shopkeeper buys a mobile phone for ₹2150 and sells it for ₹2220. What is the profit (in ₹)?
  7. 7.A shopkeeper buys a table for ₹700 and sells it for ₹580. What is the loss (in ₹)?
  8. 8.A fan bought for ₹3200 is sold for ₹2240. What is the loss per cent?
  9. 9.The price of a water bottle changed from ₹80 to ₹84. What is the percentage increase?
  10. 10.What is the amount (principal + simple interest) on ₹600 at 2% per year for 4 years (in ₹)?
  11. 11.What is the simple interest on ₹1700 at 4% per year for 1 year (in ₹)?
  12. 12.A mobile phone costs ₹1400. It is sold at a 25% profit. What is the selling price (in ₹)?
  13. 13.A shopkeeper buys a watch for ₹2650 and sells it for ₹2780. What is the profit (in ₹)?
  14. 14.The price of a water bottle changed from ₹50 to ₹60. What is the percentage increase?
  15. 15.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹2360. What is the profit (in ₹)?
  16. 16.What is the simple interest on ₹8700 at 7% per year for 2 years (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹5600 at 9% per year for 5 years (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹9900 at 2% per year for 2 years (in ₹)?
  19. 19.A watch costs ₹800. It is sold at a 40% profit. What is the selling price (in ₹)?
  20. 20.The price of a bus pass changed from ₹500 to ₹505. What is the percentage increase?
  21. 21.A cycle costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a fan for ₹1450 and sells it for ₹1420. What is the loss (in ₹)?
  23. 23.A shopkeeper buys a watch for ₹2800 and sells it for ₹2760. What is the loss (in ₹)?
  24. 24.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
  25. 25.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2010. What is the loss (in ₹)?
  26. 26.A shopkeeper buys a cricket kit for ₹1000 and sells it for ₹1050. What is the profit (in ₹)?
  27. 27.A cycle bought for ₹1400 is sold for ₹700. What is the loss per cent?
  28. 28.A shopkeeper buys a cooler for ₹750 and sells it for ₹1000. What is the profit (in ₹)?
  29. 29.What is 90% of 640?
  30. 30.A sewing machine costs ₹600. It is sold at a 40% loss. What is the selling price (in ₹)?
  31. 31.The price of a bus pass changed from ₹200 to ₹380. What is the percentage increase?
  32. 32.What is the simple interest on ₹4700 at 11% per year for 4 years (in ₹)?
  33. 33.What is the simple interest on ₹500 at 12% per year for 5 years (in ₹)?
  34. 34.A table costs ₹1500. It is sold at a 5% profit. What is the selling price (in ₹)?
  35. 35.What is the simple interest on ₹5000 at 8% per year for 3 years (in ₹)?
  36. 36.A sewing machine costs ₹800. It is sold at a 10% profit. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹7800 at 4% per year for 3 years (in ₹)?
  38. 38.A cooler bought for ₹1700 is sold for ₹2210. What is the profit per cent?
  39. 39.A fan bought for ₹1200 is sold for ₹1560. What is the profit per cent?
  40. 40.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹1010. What is the loss (in ₹)?

Answer key

  1. 40
  2. 270
  3. 25
  4. 156
  5. 15
  6. 70
  7. 120
  8. 30
  9. 5
  10. 648
  11. 68
  12. 1750
  13. 130
  14. 20
  15. 260
  16. 1218
  17. 8120
  18. 10296
  19. 1120
  20. 1
  21. 630
  22. 30
  23. 40
  24. 75
  25. 190
  26. 50
  27. 50
  28. 250
  29. 576
  30. 360
  31. 90
  32. 2068
  33. 300
  34. 1575
  35. 1200
  36. 880
  37. 8736
  38. 30
  39. 30
  40. 90

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