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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 950 · 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 costs ₹3400. It is sold at a 12% loss. What is the selling price (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹5700 at 12% per year for 5 years (in ₹)?
  3. 3.A shopkeeper buys a fan for ₹250 and sells it for ₹480. What is the profit (in ₹)?
  4. 4.A table costs ₹3100. It is sold at a 25% profit. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹8900 at 10% per year for 1 year (in ₹)?
  6. 6.A mobile phone costs ₹2300. It is sold at a 12% loss. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a fan for ₹2400 and sells it for ₹2520. What is the profit (in ₹)?
  8. 8.A shopkeeper buys a watch for ₹600 and sells it for ₹620. What is the profit (in ₹)?
  9. 9.A shopkeeper buys a cooler for ₹1450 and sells it for ₹1750. What is the profit (in ₹)?
  10. 10.The price of a pair of shoes changed from ₹25 to ₹10. What is the percentage decrease?
  11. 11.What is 5% of 160?
  12. 12.What is 80% of 720?
  13. 13.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹310. What is the loss (in ₹)?
  14. 14.A shopkeeper buys a fan for ₹3000 and sells it for ₹3020. What is the profit (in ₹)?
  15. 15.The price of a box of mangoes changed from ₹80 to ₹76. What is the percentage decrease?
  16. 16.What is the amount (principal + simple interest) on ₹8900 at 12% per year for 2 years (in ₹)?
  17. 17.A shopkeeper buys a fan for ₹1200 and sells it for ₹1470. What is the profit (in ₹)?
  18. 18.What is the simple interest on ₹1100 at 7% per year for 1 year (in ₹)?
  19. 19.A cricket kit costs ₹1500. It is sold at a 40% profit. What is the selling price (in ₹)?
  20. 20.What is the simple interest on ₹9900 at 4% per year for 1 year (in ₹)?
  21. 21.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
  22. 22.A watch costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
  23. 23.A mobile phone bought for ₹1500 is sold for ₹1350. What is the loss per cent?
  24. 24.A shopkeeper buys a fan for ₹1500 and sells it for ₹1320. What is the loss (in ₹)?
  25. 25.What is the simple interest on ₹4500 at 12% per year for 2 years (in ₹)?
  26. 26.What is 85% of 520?
  27. 27.A fan bought for ₹1300 is sold for ₹1040. What is the loss per cent?
  28. 28.A sewing machine costs ₹2100. It is sold at a 50% loss. What is the selling price (in ₹)?
  29. 29.The price of a school bag changed from ₹250 to ₹175. What is the percentage decrease?
  30. 30.What is the simple interest on ₹1200 at 10% per year for 4 years (in ₹)?
  31. 31.What is 90% of 960?
  32. 32.What is the simple interest on ₹2600 at 2% per year for 4 years (in ₹)?
  33. 33.What is 15% of 380?
  34. 34.A cricket kit bought for ₹1000 is sold for ₹1200. What is the profit per cent?
  35. 35.What is 95% of 560?
  36. 36.A shopkeeper buys a fan for ₹450 and sells it for ₹630. What is the profit (in ₹)?
  37. 37.What is the simple interest on ₹9800 at 11% per year for 5 years (in ₹)?
  38. 38.What is the simple interest on ₹8400 at 10% per year for 3 years (in ₹)?
  39. 39.What is the simple interest on ₹9000 at 8% per year for 4 years (in ₹)?
  40. 40.What is 35% of 880?

Answer key

  1. 2992
  2. 9120
  3. 230
  4. 3875
  5. 9790
  6. 2024
  7. 120
  8. 20
  9. 300
  10. 60
  11. 8
  12. 576
  13. 140
  14. 20
  15. 5
  16. 11036
  17. 270
  18. 77
  19. 2100
  20. 396
  21. 75
  22. 480
  23. 10
  24. 180
  25. 1080
  26. 442
  27. 20
  28. 1050
  29. 30
  30. 480
  31. 864
  32. 208
  33. 57
  34. 20
  35. 532
  36. 180
  37. 5390
  38. 2520
  39. 2880
  40. 308

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