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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 977 · 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 shopkeeper buys a cooler for ₹1850 and sells it for ₹1800. What is the loss (in ₹)?
  2. 2.What is 45% of 540?
  3. 3.A cooler costs ₹3500. It is sold at a 12% profit. What is the selling price (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹4300 at 5% per year for 4 years (in ₹)?
  5. 5.A shopkeeper buys a table for ₹2100 and sells it for ₹2040. What is the loss (in ₹)?
  6. 6.A watch costs ₹1300. It is sold at a 20% loss. What is the selling price (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹1400 at 3% per year for 5 years (in ₹)?
  8. 8.A sewing machine costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹5000 at 11% per year for 1 year (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹5600 at 3% per year for 4 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹5400 at 3% per year for 4 years (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹1100 at 9% per year for 2 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹5500 at 10% per year for 5 years (in ₹)?
  14. 14.A cricket kit bought for ₹2200 is sold for ₹2420. What is the profit per cent?
  15. 15.A cycle costs ₹3100. It is sold at a 20% loss. What is the selling price (in ₹)?
  16. 16.The price of a box of mangoes changed from ₹40 to ₹48. What is the percentage increase?
  17. 17.A watch costs ₹3500. It is sold at a 15% profit. What is the selling price (in ₹)?
  18. 18.A sewing machine costs ₹2500. It is sold at a 30% loss. What is the selling price (in ₹)?
  19. 19.What is 40% of 960?
  20. 20.A fan costs ₹3600. It is sold at a 12% profit. What is the selling price (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹9100 at 9% per year for 3 years (in ₹)?
  22. 22.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2710. What is the profit (in ₹)?
  23. 23.The price of a school bag changed from ₹20 to ₹10. What is the percentage decrease?
  24. 24.The price of a bus pass changed from ₹250 to ₹325. What is the percentage increase?
  25. 25.A cooler bought for ₹1300 is sold for ₹780. What is the loss per cent?
  26. 26.A shopkeeper buys a fan for ₹1450 and sells it for ₹1380. What is the loss (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹8600 at 12% per year for 3 years (in ₹)?
  28. 28.A shopkeeper buys a watch for ₹1250 and sells it for ₹1030. What is the loss (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹4800 at 12% per year for 3 years (in ₹)?
  30. 30.A watch costs ₹1100. It is sold at a 20% profit. What is the selling price (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹7600 at 3% per year for 1 year (in ₹)?
  32. 32.A sewing machine costs ₹3800. It is sold at a 5% loss. What is the selling price (in ₹)?
  33. 33.What is 10% of 360?
  34. 34.The price of a school bag changed from ₹40 to ₹28. What is the percentage decrease?
  35. 35.A sewing machine bought for ₹3800 is sold for ₹4940. What is the profit per cent?
  36. 36.What is 15% of 480?
  37. 37.What is the simple interest on ₹9100 at 10% per year for 2 years (in ₹)?
  38. 38.The price of a box of mangoes changed from ₹400 to ₹320. What is the percentage decrease?
  39. 39.A table bought for ₹1800 is sold for ₹1260. What is the loss per cent?
  40. 40.The price of a water bottle changed from ₹50 to ₹55. What is the percentage increase?

Answer key

  1. 50
  2. 243
  3. 3920
  4. 5160
  5. 60
  6. 1040
  7. 1610
  8. 855
  9. 5550
  10. 6272
  11. 6048
  12. 1298
  13. 8250
  14. 10
  15. 2480
  16. 20
  17. 4025
  18. 1750
  19. 384
  20. 4032
  21. 11557
  22. 60
  23. 50
  24. 30
  25. 40
  26. 70
  27. 11696
  28. 220
  29. 6528
  30. 1320
  31. 7828
  32. 3610
  33. 36
  34. 30
  35. 30
  36. 72
  37. 1820
  38. 20
  39. 30
  40. 10

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