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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 91 · 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.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1410. What is the loss (in ₹)?
  2. 2.The price of a cricket ball changed from ₹50 to ₹49. What is the percentage decrease?
  3. 3.A cricket kit costs ₹1100. It is sold at a 12% profit. What is the selling price (in ₹)?
  4. 4.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
  5. 5.A table bought for ₹200 is sold for ₹224. What is the profit per cent?
  6. 6.What is the amount (principal + simple interest) on ₹9800 at 11% per year for 3 years (in ₹)?
  7. 7.A sewing machine bought for ₹1100 is sold for ₹1265. What is the profit per cent?
  8. 8.What is the simple interest on ₹3000 at 12% per year for 5 years (in ₹)?
  9. 9.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1460. What is the profit (in ₹)?
  10. 10.A mobile phone bought for ₹300 is sold for ₹150. What is the loss per cent?
  11. 11.The price of a water bottle changed from ₹500 to ₹505. What is the percentage increase?
  12. 12.A cooler costs ₹3200. It is sold at a 40% loss. What is the selling price (in ₹)?
  13. 13.What is the simple interest on ₹2400 at 7% per year for 4 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹4800 at 10% per year for 4 years (in ₹)?
  15. 15.What is 15% of 760?
  16. 16.A cycle costs ₹2800. It is sold at a 12% loss. What is the selling price (in ₹)?
  17. 17.A shopkeeper buys a fan for ₹2200 and sells it for ₹2450. What is the profit (in ₹)?
  18. 18.A fan costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹1880. What is the profit (in ₹)?
  20. 20.A cricket kit costs ₹1600. It is sold at a 50% profit. What is the selling price (in ₹)?
  21. 21.A watch costs ₹1900. It is sold at a 30% profit. What is the selling price (in ₹)?
  22. 22.The price of a bus pass changed from ₹25 to ₹45. What is the percentage increase?
  23. 23.What is the amount (principal + simple interest) on ₹8100 at 10% per year for 1 year (in ₹)?
  24. 24.What is 80% of 420?
  25. 25.What is the simple interest on ₹6800 at 5% per year for 1 year (in ₹)?
  26. 26.The price of a school bag changed from ₹40 to ₹72. What is the percentage increase?
  27. 27.What is the simple interest on ₹6000 at 9% per year for 1 year (in ₹)?
  28. 28.What is 10% of 840?
  29. 29.The price of a bus pass changed from ₹200 to ₹280. What is the percentage increase?
  30. 30.A cooler bought for ₹3200 is sold for ₹2400. What is the loss per cent?
  31. 31.A table costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹900 at 6% per year for 4 years (in ₹)?
  33. 33.The price of a bus pass changed from ₹40 to ₹8. What is the percentage decrease?
  34. 34.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹1020. What is the profit (in ₹)?
  35. 35.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2690. What is the loss (in ₹)?
  36. 36.A shopkeeper buys a watch for ₹1100 and sells it for ₹1170. What is the profit (in ₹)?
  37. 37.A cycle costs ₹2700. It is sold at a 50% loss. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1510. What is the loss (in ₹)?
  39. 39.A table bought for ₹1800 is sold for ₹1890. What is the profit per cent?
  40. 40.What is the simple interest on ₹7700 at 11% per year for 1 year (in ₹)?

Answer key

  1. 140
  2. 2
  3. 1232
  4. 60
  5. 12
  6. 13034
  7. 15
  8. 1800
  9. 210
  10. 50
  11. 1
  12. 1920
  13. 672
  14. 6720
  15. 114
  16. 2464
  17. 250
  18. 330
  19. 80
  20. 2400
  21. 2470
  22. 80
  23. 8910
  24. 336
  25. 340
  26. 80
  27. 540
  28. 84
  29. 40
  30. 25
  31. 2750
  32. 1116
  33. 80
  34. 170
  35. 60
  36. 70
  37. 1350
  38. 190
  39. 5
  40. 847

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