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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 938 · 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 ₹350 and sells it for ₹280. What is the loss (in ₹)?
  2. 2.What is the simple interest on ₹3900 at 4% per year for 1 year (in ₹)?
  3. 3.The price of a school bag changed from ₹400 to ₹100. What is the percentage decrease?
  4. 4.What is the amount (principal + simple interest) on ₹5600 at 4% per year for 2 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹9000 at 5% per year for 1 year (in ₹)?
  6. 6.What is 30% of 60?
  7. 7.The price of a water bottle changed from ₹50 to ₹45. What is the percentage decrease?
  8. 8.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹180. What is the loss (in ₹)?
  9. 9.What is 10% of 500?
  10. 10.What is 40% of 200?
  11. 11.A cycle costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
  12. 12.A cycle costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
  13. 13.What is the simple interest on ₹1100 at 8% per year for 3 years (in ₹)?
  14. 14.A cricket kit costs ₹200. It is sold at a 20% loss. What is the selling price (in ₹)?
  15. 15.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
  16. 16.What is 65% of 760?
  17. 17.The price of a cricket ball changed from ₹20 to ₹24. What is the percentage increase?
  18. 18.What is the amount (principal + simple interest) on ₹2900 at 4% per year for 3 years (in ₹)?
  19. 19.A shopkeeper buys a watch for ₹850 and sells it for ₹810. What is the loss (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹2300 at 8% per year for 5 years (in ₹)?
  21. 21.What is 55% of 900?
  22. 22.What is 45% of 180?
  23. 23.A cricket kit costs ₹2800. It is sold at a 25% loss. What is the selling price (in ₹)?
  24. 24.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
  25. 25.What is 35% of 740?
  26. 26.A cooler costs ₹500. It is sold at a 25% profit. What is the selling price (in ₹)?
  27. 27.What is 90% of 820?
  28. 28.What is 35% of 640?
  29. 29.A shopkeeper buys a sewing machine for ₹2700 and sells it for ₹2640. What is the loss (in ₹)?
  30. 30.The price of a water bottle changed from ₹20 to ₹38. What is the percentage increase?
  31. 31.A watch costs ₹3600. It is sold at a 50% loss. What is the selling price (in ₹)?
  32. 32.A shopkeeper buys a cycle for ₹250 and sells it for ₹120. What is the loss (in ₹)?
  33. 33.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  34. 34.The price of a pair of shoes changed from ₹20 to ₹19. What is the percentage decrease?
  35. 35.What is the amount (principal + simple interest) on ₹5500 at 9% per year for 3 years (in ₹)?
  36. 36.What is 55% of 700?
  37. 37.What is the simple interest on ₹700 at 11% per year for 2 years (in ₹)?
  38. 38.A mobile phone costs ₹1900. It is sold at a 25% profit. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a cycle for ₹850 and sells it for ₹570. What is the loss (in ₹)?
  40. 40.What is 15% of 620?

Answer key

  1. 70
  2. 156
  3. 75
  4. 6048
  5. 9450
  6. 18
  7. 10
  8. 170
  9. 50
  10. 80
  11. 750
  12. 2100
  13. 264
  14. 160
  15. 20
  16. 494
  17. 20
  18. 3248
  19. 40
  20. 3220
  21. 495
  22. 81
  23. 2100
  24. 20
  25. 259
  26. 625
  27. 738
  28. 224
  29. 60
  30. 90
  31. 1800
  32. 130
  33. 20
  34. 5
  35. 6985
  36. 385
  37. 154
  38. 2375
  39. 280
  40. 93

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