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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 914 · 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 table for ₹400 and sells it for ₹700. What is the profit (in ₹)?
  2. 2.What is 75% of 980?
  3. 3.A cooler bought for ₹1300 is sold for ₹1170. What is the loss per cent?
  4. 4.A shopkeeper buys a watch for ₹2900 and sells it for ₹3040. What is the profit (in ₹)?
  5. 5.What is the simple interest on ₹3900 at 12% per year for 4 years (in ₹)?
  6. 6.What is 80% of 940?
  7. 7.What is the simple interest on ₹10000 at 3% per year for 1 year (in ₹)?
  8. 8.What is 80% of 960?
  9. 9.What is 45% of 240?
  10. 10.A cycle costs ₹1000. It is sold at a 5% loss. What is the selling price (in ₹)?
  11. 11.A table costs ₹3400. It is sold at a 20% loss. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1700. What is the profit (in ₹)?
  13. 13.A cycle bought for ₹3400 is sold for ₹2550. What is the loss per cent?
  14. 14.The price of a pair of shoes changed from ₹50 to ₹65. What is the percentage increase?
  15. 15.What is 10% of 320?
  16. 16.The price of a cricket ball changed from ₹200 to ₹80. What is the percentage decrease?
  17. 17.A shopkeeper buys a cycle for ₹2850 and sells it for ₹2870. What is the profit (in ₹)?
  18. 18.A cricket kit costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
  19. 19.What is the simple interest on ₹2400 at 9% per year for 4 years (in ₹)?
  20. 20.What is the simple interest on ₹1800 at 10% per year for 1 year (in ₹)?
  21. 21.What is the simple interest on ₹5700 at 7% per year for 4 years (in ₹)?
  22. 22.What is 5% of 500?
  23. 23.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1590. What is the profit (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 5 years (in ₹)?
  25. 25.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹840. What is the profit (in ₹)?
  26. 26.A fan costs ₹2900. It is sold at a 20% profit. What is the selling price (in ₹)?
  27. 27.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
  28. 28.A sewing machine bought for ₹1500 is sold for ₹1650. What is the profit per cent?
  29. 29.What is the amount (principal + simple interest) on ₹6000 at 9% per year for 1 year (in ₹)?
  30. 30.A cricket kit bought for ₹2000 is sold for ₹2600. What is the profit per cent?
  31. 31.What is 40% of 40?
  32. 32.What is 5% of 800?
  33. 33.What is the simple interest on ₹600 at 10% per year for 5 years (in ₹)?
  34. 34.A shopkeeper buys a fan for ₹450 and sells it for ₹460. What is the profit (in ₹)?
  35. 35.A table costs ₹2700. It is sold at a 25% profit. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a cricket kit for ₹1000 and sells it for ₹830. What is the loss (in ₹)?
  37. 37.What is 15% of 200?
  38. 38.The price of a box of mangoes changed from ₹20 to ₹21. What is the percentage increase?
  39. 39.A fan costs ₹2600. It is sold at a 40% loss. What is the selling price (in ₹)?
  40. 40.The price of a pair of shoes changed from ₹50 to ₹90. What is the percentage increase?

Answer key

  1. 300
  2. 735
  3. 10
  4. 140
  5. 1872
  6. 752
  7. 300
  8. 768
  9. 108
  10. 950
  11. 2720
  12. 250
  13. 25
  14. 30
  15. 32
  16. 60
  17. 20
  18. 225
  19. 864
  20. 180
  21. 1596
  22. 25
  23. 240
  24. 7590
  25. 90
  26. 3480
  27. 40
  28. 10
  29. 6540
  30. 30
  31. 16
  32. 40
  33. 300
  34. 10
  35. 3375
  36. 170
  37. 30
  38. 5
  39. 1560
  40. 80

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