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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 908 · 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 95% of 180?
  2. 2.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹2400. What is the profit (in ₹)?
  3. 3.A table bought for ₹600 is sold for ₹660. What is the profit per cent?
  4. 4.The price of a pair of shoes changed from ₹400 to ₹392. What is the percentage decrease?
  5. 5.A sewing machine costs ₹3600. It is sold at a 25% loss. What is the selling price (in ₹)?
  6. 6.What is the simple interest on ₹4900 at 8% per year for 2 years (in ₹)?
  7. 7.A cycle costs ₹2500. It is sold at a 5% profit. What is the selling price (in ₹)?
  8. 8.The price of a cricket ball changed from ₹20 to ₹16. What is the percentage decrease?
  9. 9.A cooler bought for ₹1700 is sold for ₹2125. What is the profit per cent?
  10. 10.A cooler costs ₹600. It is sold at a 50% profit. What is the selling price (in ₹)?
  11. 11.What is 30% of 420?
  12. 12.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1540. What is the profit (in ₹)?
  13. 13.What is the simple interest on ₹8600 at 11% per year for 5 years (in ₹)?
  14. 14.A mobile phone costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
  15. 15.The price of a cricket ball changed from ₹500 to ₹250. What is the percentage decrease?
  16. 16.A shopkeeper buys a watch for ₹850 and sells it for ₹1130. What is the profit (in ₹)?
  17. 17.What is the simple interest on ₹4800 at 6% per year for 3 years (in ₹)?
  18. 18.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1610. What is the profit (in ₹)?
  19. 19.What is 20% of 1000?
  20. 20.The price of a bus pass changed from ₹250 to ₹275. What is the percentage increase?
  21. 21.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1420. What is the profit (in ₹)?
  22. 22.A sewing machine costs ₹2500. It is sold at a 15% profit. What is the selling price (in ₹)?
  23. 23.The price of a box of mangoes changed from ₹25 to ₹30. What is the percentage increase?
  24. 24.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1480. What is the loss (in ₹)?
  25. 25.What is 45% of 700?
  26. 26.A shopkeeper buys a watch for ₹1700 and sells it for ₹1750. What is the profit (in ₹)?
  27. 27.A watch bought for ₹2300 is sold for ₹2760. What is the profit per cent?
  28. 28.A shopkeeper buys a watch for ₹2550 and sells it for ₹2810. What is the profit (in ₹)?
  29. 29.A sewing machine costs ₹3700. It is sold at a 20% profit. What is the selling price (in ₹)?
  30. 30.A table costs ₹700. It is sold at a 20% profit. What is the selling price (in ₹)?
  31. 31.A fan costs ₹800. It is sold at a 30% loss. What is the selling price (in ₹)?
  32. 32.What is the simple interest on ₹6000 at 11% per year for 2 years (in ₹)?
  33. 33.A cycle costs ₹1800. It is sold at a 30% loss. What is the selling price (in ₹)?
  34. 34.What is the simple interest on ₹7900 at 6% per year for 4 years (in ₹)?
  35. 35.A watch bought for ₹3500 is sold for ₹4025. What is the profit per cent?
  36. 36.What is the amount (principal + simple interest) on ₹7000 at 6% per year for 1 year (in ₹)?
  37. 37.What is 95% of 340?
  38. 38.What is 75% of 80?
  39. 39.A shopkeeper buys a table for ₹1550 and sells it for ₹1690. What is the profit (in ₹)?
  40. 40.What is 15% of 420?

Answer key

  1. 171
  2. 300
  3. 10
  4. 2
  5. 2700
  6. 784
  7. 2625
  8. 20
  9. 25
  10. 900
  11. 126
  12. 290
  13. 4730
  14. 448
  15. 50
  16. 280
  17. 864
  18. 160
  19. 200
  20. 10
  21. 70
  22. 2875
  23. 20
  24. 20
  25. 315
  26. 50
  27. 20
  28. 260
  29. 4440
  30. 840
  31. 560
  32. 1320
  33. 1260
  34. 1896
  35. 15
  36. 7420
  37. 323
  38. 60
  39. 140
  40. 63

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