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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 963 · 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 cricket kit bought for ₹1700 is sold for ₹2040. What is the profit per cent?
  2. 2.A fan costs ₹900. It is sold at a 30% profit. What is the selling price (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹500 at 9% per year for 2 years (in ₹)?
  4. 4.The price of a cricket ball changed from ₹40 to ₹52. What is the percentage increase?
  5. 5.A cooler costs ₹3000. It is sold at a 25% profit. What is the selling price (in ₹)?
  6. 6.A mobile phone costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?
  7. 7.A cycle costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹5000 at 3% per year for 5 years (in ₹)?
  9. 9.What is 20% of 40?
  10. 10.The price of a pair of shoes changed from ₹20 to ₹30. What is the percentage increase?
  11. 11.A shopkeeper buys a table for ₹2750 and sells it for ₹2500. What is the loss (in ₹)?
  12. 12.The price of a box of mangoes changed from ₹100 to ₹160. What is the percentage increase?
  13. 13.A table costs ₹2500. It is sold at a 30% loss. What is the selling price (in ₹)?
  14. 14.The price of a cricket ball changed from ₹80 to ₹144. What is the percentage increase?
  15. 15.What is 75% of 480?
  16. 16.What is the amount (principal + simple interest) on ₹7600 at 5% per year for 5 years (in ₹)?
  17. 17.A cricket kit bought for ₹2500 is sold for ₹3250. What is the profit per cent?
  18. 18.The price of a water bottle changed from ₹500 to ₹525. What is the percentage increase?
  19. 19.What is 35% of 560?
  20. 20.What is 5% of 1000?
  21. 21.A shopkeeper buys a cycle for ₹200 and sells it for ₹50. What is the loss (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹10000 at 5% per year for 2 years (in ₹)?
  23. 23.A sewing machine bought for ₹2100 is sold for ₹2205. What is the profit per cent?
  24. 24.What is the amount (principal + simple interest) on ₹7300 at 3% per year for 2 years (in ₹)?
  25. 25.What is 15% of 100?
  26. 26.The price of a water bottle changed from ₹100 to ₹130. What is the percentage increase?
  27. 27.A mobile phone bought for ₹3400 is sold for ₹3570. What is the profit per cent?
  28. 28.What is the amount (principal + simple interest) on ₹2400 at 9% per year for 4 years (in ₹)?
  29. 29.What is 45% of 980?
  30. 30.What is 60% of 860?
  31. 31.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1110. What is the loss (in ₹)?
  32. 32.A table bought for ₹3800 is sold for ₹3610. What is the loss per cent?
  33. 33.What is 25% of 960?
  34. 34.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2160. What is the loss (in ₹)?
  35. 35.A shopkeeper buys a sewing machine for ₹2200 and sells it for ₹1920. What is the loss (in ₹)?
  36. 36.A shopkeeper buys a fan for ₹2000 and sells it for ₹2150. What is the profit (in ₹)?
  37. 37.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹650. What is the profit (in ₹)?
  38. 38.The price of a box of mangoes changed from ₹40 to ₹10. What is the percentage decrease?
  39. 39.What is the amount (principal + simple interest) on ₹6000 at 9% per year for 5 years (in ₹)?
  40. 40.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2820. What is the profit (in ₹)?

Answer key

  1. 20
  2. 1170
  3. 590
  4. 30
  5. 3750
  6. 2450
  7. 380
  8. 750
  9. 8
  10. 50
  11. 250
  12. 60
  13. 1750
  14. 80
  15. 360
  16. 9500
  17. 30
  18. 5
  19. 196
  20. 50
  21. 150
  22. 11000
  23. 5
  24. 7738
  25. 15
  26. 30
  27. 5
  28. 3264
  29. 441
  30. 516
  31. 140
  32. 5
  33. 240
  34. 40
  35. 280
  36. 150
  37. 50
  38. 75
  39. 8700
  40. 270

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