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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 922 · 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 cooler bought for ₹300 is sold for ₹336. What is the profit per cent?
  2. 2.What is the simple interest on ₹3800 at 5% per year for 4 years (in ₹)?
  3. 3.The price of a pair of shoes changed from ₹250 to ₹175. What is the percentage decrease?
  4. 4.The price of a box of mangoes changed from ₹500 to ₹625. What is the percentage increase?
  5. 5.A shopkeeper buys a watch for ₹600 and sells it for ₹760. What is the profit (in ₹)?
  6. 6.A cycle bought for ₹800 is sold for ₹1040. What is the profit per cent?
  7. 7.A table bought for ₹200 is sold for ₹224. What is the profit per cent?
  8. 8.What is 25% of 940?
  9. 9.A sewing machine costs ₹3700. It is sold at a 5% loss. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2430. What is the profit (in ₹)?
  11. 11.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹810. What is the loss (in ₹)?
  12. 12.What is 65% of 280?
  13. 13.What is the simple interest on ₹9800 at 7% per year for 2 years (in ₹)?
  14. 14.A cricket kit costs ₹600. It is sold at a 30% profit. What is the selling price (in ₹)?
  15. 15.The price of a bus pass changed from ₹40 to ₹48. What is the percentage increase?
  16. 16.A shopkeeper buys a cooler for ₹750 and sells it for ₹480. What is the loss (in ₹)?
  17. 17.A mobile phone bought for ₹700 is sold for ₹805. What is the profit per cent?
  18. 18.What is 5% of 400?
  19. 19.A fan costs ₹3900. It is sold at a 10% profit. What is the selling price (in ₹)?
  20. 20.A fan costs ₹400. It is sold at a 50% loss. What is the selling price (in ₹)?
  21. 21.The price of a cricket ball changed from ₹20 to ₹18. What is the percentage decrease?
  22. 22.A shopkeeper buys a fan for ₹1900 and sells it for ₹1640. What is the loss (in ₹)?
  23. 23.A fan costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a cycle for ₹1050 and sells it for ₹900. What is the loss (in ₹)?
  25. 25.A table bought for ₹3100 is sold for ₹3565. What is the profit per cent?
  26. 26.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹870. What is the profit (in ₹)?
  27. 27.A cricket kit bought for ₹1000 is sold for ₹1150. What is the profit per cent?
  28. 28.What is the simple interest on ₹8900 at 3% per year for 4 years (in ₹)?
  29. 29.What is 70% of 320?
  30. 30.A cycle bought for ₹200 is sold for ₹280. What is the profit per cent?
  31. 31.A table costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
  32. 32.What is 80% of 860?
  33. 33.The price of a pair of shoes changed from ₹80 to ₹72. What is the percentage decrease?
  34. 34.What is the simple interest on ₹9500 at 8% per year for 5 years (in ₹)?
  35. 35.The price of a bus pass changed from ₹50 to ₹49. What is the percentage decrease?
  36. 36.A fan bought for ₹900 is sold for ₹540. What is the loss per cent?
  37. 37.A mobile phone costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
  38. 38.What is 60% of 780?
  39. 39.What is 30% of 420?
  40. 40.A fan bought for ₹1300 is sold for ₹1690. What is the profit per cent?

Answer key

  1. 12
  2. 760
  3. 30
  4. 25
  5. 160
  6. 30
  7. 12
  8. 235
  9. 3515
  10. 180
  11. 90
  12. 182
  13. 1372
  14. 780
  15. 20
  16. 270
  17. 15
  18. 20
  19. 4290
  20. 200
  21. 10
  22. 260
  23. 1710
  24. 150
  25. 15
  26. 170
  27. 15
  28. 1068
  29. 224
  30. 40
  31. 448
  32. 688
  33. 10
  34. 3800
  35. 2
  36. 40
  37. 3145
  38. 468
  39. 126
  40. 30

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