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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 966 · 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 bought for ₹1000 is sold for ₹850. What is the loss per cent?
  2. 2.What is 65% of 880?
  3. 3.A watch costs ₹2400. It is sold at a 40% profit. What is the selling price (in ₹)?
  4. 4.What is the simple interest on ₹5800 at 2% per year for 3 years (in ₹)?
  5. 5.A fan bought for ₹3900 is sold for ₹3705. What is the loss per cent?
  6. 6.What is the amount (principal + simple interest) on ₹5600 at 2% per year for 1 year (in ₹)?
  7. 7.The price of a water bottle changed from ₹25 to ₹10. What is the percentage decrease?
  8. 8.What is the amount (principal + simple interest) on ₹6700 at 7% per year for 5 years (in ₹)?
  9. 9.The price of a water bottle changed from ₹20 to ₹18. What is the percentage decrease?
  10. 10.The price of a bus pass changed from ₹50 to ₹30. What is the percentage decrease?
  11. 11.The price of a bus pass changed from ₹40 to ₹70. What is the percentage increase?
  12. 12.A mobile phone costs ₹400. It is sold at a 40% loss. What is the selling price (in ₹)?
  13. 13.A cycle bought for ₹300 is sold for ₹330. What is the profit per cent?
  14. 14.A table costs ₹2200. It is sold at a 30% profit. What is the selling price (in ₹)?
  15. 15.What is 70% of 460?
  16. 16.A cricket kit costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
  17. 17.A watch bought for ₹2500 is sold for ₹1875. What is the loss per cent?
  18. 18.What is 55% of 840?
  19. 19.A table bought for ₹1300 is sold for ₹1235. What is the loss per cent?
  20. 20.A cycle costs ₹3700. It is sold at a 5% loss. What is the selling price (in ₹)?
  21. 21.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹1060. What is the profit (in ₹)?
  22. 22.What is the simple interest on ₹4700 at 5% per year for 5 years (in ₹)?
  23. 23.A table bought for ₹1800 is sold for ₹1350. What is the loss per cent?
  24. 24.A shopkeeper buys a sewing machine for ₹3000 and sells it for ₹3280. What is the profit (in ₹)?
  25. 25.What is the simple interest on ₹5300 at 12% per year for 4 years (in ₹)?
  26. 26.What is 25% of 180?
  27. 27.What is the amount (principal + simple interest) on ₹6900 at 12% per year for 1 year (in ₹)?
  28. 28.What is the simple interest on ₹1900 at 8% per year for 1 year (in ₹)?
  29. 29.A shopkeeper buys a fan for ₹1450 and sells it for ₹1600. What is the profit (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹4800 at 2% per year for 1 year (in ₹)?
  31. 31.A shopkeeper buys a fan for ₹600 and sells it for ₹390. What is the loss (in ₹)?
  32. 32.What is 90% of 200?
  33. 33.A cooler bought for ₹500 is sold for ₹300. What is the loss per cent?
  34. 34.What is the amount (principal + simple interest) on ₹8200 at 6% per year for 2 years (in ₹)?
  35. 35.A cooler costs ₹1400. It is sold at a 25% loss. What is the selling price (in ₹)?
  36. 36.The price of a pair of shoes changed from ₹20 to ₹2. What is the percentage decrease?
  37. 37.A table bought for ₹1000 is sold for ₹1500. What is the profit per cent?
  38. 38.What is 35% of 960?
  39. 39.A cooler costs ₹1700. It is sold at a 50% loss. What is the selling price (in ₹)?
  40. 40.What is the simple interest on ₹7000 at 11% per year for 4 years (in ₹)?

Answer key

  1. 15
  2. 572
  3. 3360
  4. 348
  5. 5
  6. 5712
  7. 60
  8. 9045
  9. 10
  10. 40
  11. 75
  12. 240
  13. 10
  14. 2860
  15. 322
  16. 900
  17. 25
  18. 462
  19. 5
  20. 3515
  21. 260
  22. 1175
  23. 25
  24. 280
  25. 2544
  26. 45
  27. 7728
  28. 152
  29. 150
  30. 4896
  31. 210
  32. 180
  33. 40
  34. 9184
  35. 1050
  36. 90
  37. 50
  38. 336
  39. 850
  40. 3080

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