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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 970 · 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 ₹1500 is sold for ₹1575. What is the profit per cent?
  2. 2.What is 80% of 560?
  3. 3.What is 30% of 680?
  4. 4.A shopkeeper buys a fan for ₹2850 and sells it for ₹2740. What is the loss (in ₹)?
  5. 5.A sewing machine bought for ₹3700 is sold for ₹2590. What is the loss per cent?
  6. 6.A shopkeeper buys a table for ₹2000 and sells it for ₹1780. What is the loss (in ₹)?
  7. 7.A fan costs ₹200. It is sold at a 10% loss. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a cricket kit for ₹2150 and sells it for ₹2260. What is the profit (in ₹)?
  9. 9.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
  10. 10.What is the simple interest on ₹2700 at 3% per year for 2 years (in ₹)?
  11. 11.What is 20% of 400?
  12. 12.A table costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
  13. 13.The price of a water bottle changed from ₹20 to ₹19. What is the percentage decrease?
  14. 14.What is the amount (principal + simple interest) on ₹7900 at 8% per year for 2 years (in ₹)?
  15. 15.What is the simple interest on ₹6500 at 2% per year for 5 years (in ₹)?
  16. 16.What is 25% of 180?
  17. 17.A cycle bought for ₹2800 is sold for ₹2940. What is the profit per cent?
  18. 18.What is the simple interest on ₹4800 at 11% per year for 2 years (in ₹)?
  19. 19.What is the simple interest on ₹7100 at 11% per year for 1 year (in ₹)?
  20. 20.The price of a box of mangoes changed from ₹25 to ₹5. What is the percentage decrease?
  21. 21.A sewing machine bought for ₹1700 is sold for ₹1870. What is the profit per cent?
  22. 22.What is 75% of 160?
  23. 23.What is 60% of 220?
  24. 24.What is 75% of 980?
  25. 25.A sewing machine costs ₹1600. It is sold at a 25% loss. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹450. What is the loss (in ₹)?
  27. 27.What is 5% of 440?
  28. 28.What is 70% of 80?
  29. 29.What is the simple interest on ₹9100 at 9% per year for 5 years (in ₹)?
  30. 30.A mobile phone costs ₹1000. It is sold at a 20% loss. What is the selling price (in ₹)?
  31. 31.What is 40% of 620?
  32. 32.What is the amount (principal + simple interest) on ₹700 at 4% per year for 4 years (in ₹)?
  33. 33.The price of a water bottle changed from ₹200 to ₹220. What is the percentage increase?
  34. 34.The price of a box of mangoes changed from ₹500 to ₹125. What is the percentage decrease?
  35. 35.A mobile phone costs ₹1900. It is sold at a 40% loss. What is the selling price (in ₹)?
  36. 36.A fan costs ₹2600. It is sold at a 10% profit. What is the selling price (in ₹)?
  37. 37.A cycle costs ₹2000. It is sold at a 30% loss. What is the selling price (in ₹)?
  38. 38.What is the simple interest on ₹6500 at 11% per year for 4 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹2200 at 8% per year for 1 year (in ₹)?
  40. 40.A watch bought for ₹2600 is sold for ₹1950. What is the loss per cent?

Answer key

  1. 5
  2. 448
  3. 204
  4. 110
  5. 30
  6. 220
  7. 180
  8. 110
  9. 60
  10. 162
  11. 80
  12. 5250
  13. 5
  14. 9164
  15. 650
  16. 45
  17. 5
  18. 1056
  19. 781
  20. 80
  21. 10
  22. 120
  23. 132
  24. 735
  25. 1200
  26. 100
  27. 22
  28. 56
  29. 4095
  30. 800
  31. 248
  32. 812
  33. 10
  34. 75
  35. 1140
  36. 2860
  37. 1400
  38. 2860
  39. 2376
  40. 25

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