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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 926 · 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 ₹50 to ₹45. What is the percentage decrease?
  2. 2.A shopkeeper buys a cooler for ₹900 and sells it for ₹1190. What is the profit (in ₹)?
  3. 3.The price of a pair of shoes changed from ₹20 to ₹8. What is the percentage decrease?
  4. 4.A cycle costs ₹2900. It is sold at a 20% profit. What is the selling price (in ₹)?
  5. 5.A shopkeeper buys a watch for ₹300 and sells it for ₹230. What is the loss (in ₹)?
  6. 6.A watch bought for ₹2400 is sold for ₹3120. What is the profit per cent?
  7. 7.A shopkeeper buys a fan for ₹1800 and sells it for ₹2060. What is the profit (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹1100 at 10% per year for 5 years (in ₹)?
  9. 9.What is the simple interest on ₹7000 at 11% per year for 5 years (in ₹)?
  10. 10.A mobile phone costs ₹2300. It is sold at a 25% loss. What is the selling price (in ₹)?
  11. 11.A cricket kit bought for ₹1600 is sold for ₹1840. What is the profit per cent?
  12. 12.What is 35% of 300?
  13. 13.A fan costs ₹1700. It is sold at a 20% profit. What is the selling price (in ₹)?
  14. 14.What is 80% of 320?
  15. 15.What is 15% of 160?
  16. 16.What is the amount (principal + simple interest) on ₹5600 at 8% per year for 2 years (in ₹)?
  17. 17.A sewing machine costs ₹500. It is sold at a 50% loss. What is the selling price (in ₹)?
  18. 18.What is 60% of 240?
  19. 19.What is 80% of 880?
  20. 20.What is the simple interest on ₹2600 at 3% per year for 1 year (in ₹)?
  21. 21.A watch costs ₹3600. It is sold at a 15% profit. What is the selling price (in ₹)?
  22. 22.What is 30% of 820?
  23. 23.What is the simple interest on ₹5700 at 12% per year for 5 years (in ₹)?
  24. 24.What is 20% of 680?
  25. 25.What is the amount (principal + simple interest) on ₹4700 at 4% per year for 1 year (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹6400 at 3% per year for 3 years (in ₹)?
  27. 27.What is the simple interest on ₹1200 at 3% per year for 4 years (in ₹)?
  28. 28.A cycle bought for ₹300 is sold for ₹315. What is the profit per cent?
  29. 29.A cricket kit costs ₹500. It is sold at a 20% profit. What is the selling price (in ₹)?
  30. 30.What is 60% of 520?
  31. 31.What is the simple interest on ₹2200 at 8% per year for 5 years (in ₹)?
  32. 32.What is 75% of 560?
  33. 33.What is the amount (principal + simple interest) on ₹1700 at 10% per year for 2 years (in ₹)?
  34. 34.What is 25% of 560?
  35. 35.What is the simple interest on ₹9700 at 8% per year for 2 years (in ₹)?
  36. 36.What is 35% of 220?
  37. 37.A shopkeeper buys a cycle for ₹300 and sells it for ₹40. What is the loss (in ₹)?
  38. 38.A sewing machine costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹9400 at 12% per year for 5 years (in ₹)?
  40. 40.A shopkeeper buys a cycle for ₹2850 and sells it for ₹3010. What is the profit (in ₹)?

Answer key

  1. 10
  2. 290
  3. 60
  4. 3480
  5. 70
  6. 30
  7. 260
  8. 1650
  9. 3850
  10. 1725
  11. 15
  12. 105
  13. 2040
  14. 256
  15. 24
  16. 6496
  17. 250
  18. 144
  19. 704
  20. 78
  21. 4140
  22. 246
  23. 3420
  24. 136
  25. 4888
  26. 6976
  27. 144
  28. 5
  29. 600
  30. 312
  31. 880
  32. 420
  33. 2040
  34. 140
  35. 1552
  36. 77
  37. 260
  38. 2750
  39. 15040
  40. 160

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