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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 954 · 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 table costs ₹4000. It is sold at a 25% loss. What is the selling price (in ₹)?
  2. 2.A table bought for ₹1400 is sold for ₹1680. What is the profit per cent?
  3. 3.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹850. What is the profit (in ₹)?
  4. 4.What is 90% of 360?
  5. 5.The price of a box of mangoes changed from ₹25 to ₹20. What is the percentage decrease?
  6. 6.A fan bought for ₹1200 is sold for ₹960. What is the loss per cent?
  7. 7.What is the amount (principal + simple interest) on ₹6300 at 5% per year for 2 years (in ₹)?
  8. 8.What is 5% of 80?
  9. 9.A shopkeeper buys a fan for ₹200 and sells it for ₹330. What is the profit (in ₹)?
  10. 10.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2620. What is the profit (in ₹)?
  11. 11.A cricket kit costs ₹1700. It is sold at a 40% loss. What is the selling price (in ₹)?
  12. 12.What is 25% of 700?
  13. 13.What is 70% of 340?
  14. 14.The price of a box of mangoes changed from ₹25 to ₹35. What is the percentage increase?
  15. 15.The price of a school bag changed from ₹80 to ₹88. What is the percentage increase?
  16. 16.What is the amount (principal + simple interest) on ₹9800 at 3% per year for 3 years (in ₹)?
  17. 17.What is 30% of 460?
  18. 18.The price of a cricket ball changed from ₹50 to ₹51. What is the percentage increase?
  19. 19.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹1100. What is the profit (in ₹)?
  20. 20.What is 70% of 360?
  21. 21.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹1910. What is the profit (in ₹)?
  22. 22.A table costs ₹1300. It is sold at a 30% profit. What is the selling price (in ₹)?
  23. 23.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1310. What is the profit (in ₹)?
  24. 24.A watch bought for ₹1300 is sold for ₹1170. What is the loss per cent?
  25. 25.A cricket kit costs ₹1900. It is sold at a 5% loss. What is the selling price (in ₹)?
  26. 26.What is the simple interest on ₹2800 at 3% per year for 2 years (in ₹)?
  27. 27.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2520. What is the loss (in ₹)?
  28. 28.A mobile phone bought for ₹1600 is sold for ₹1120. What is the loss per cent?
  29. 29.What is the amount (principal + simple interest) on ₹10000 at 9% per year for 2 years (in ₹)?
  30. 30.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1510. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a watch for ₹950 and sells it for ₹1240. What is the profit (in ₹)?
  32. 32.What is 45% of 580?
  33. 33.What is 15% of 720?
  34. 34.A table costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
  35. 35.A watch bought for ₹1800 is sold for ₹2250. What is the profit per cent?
  36. 36.A cricket kit bought for ₹500 is sold for ₹560. What is the profit per cent?
  37. 37.What is 65% of 720?
  38. 38.What is 40% of 580?
  39. 39.What is the amount (principal + simple interest) on ₹1500 at 5% per year for 1 year (in ₹)?
  40. 40.A shopkeeper buys a cooler for ₹1150 and sells it for ₹1230. What is the profit (in ₹)?

Answer key

  1. 3000
  2. 20
  3. 300
  4. 324
  5. 20
  6. 20
  7. 6930
  8. 4
  9. 130
  10. 120
  11. 1020
  12. 175
  13. 238
  14. 40
  15. 10
  16. 10682
  17. 138
  18. 2
  19. 250
  20. 252
  21. 110
  22. 1690
  23. 60
  24. 10
  25. 1805
  26. 168
  27. 180
  28. 30
  29. 11800
  30. 240
  31. 290
  32. 261
  33. 108
  34. 630
  35. 25
  36. 12
  37. 468
  38. 232
  39. 1575
  40. 80

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