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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 988 · 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.The price of a cricket ball changed from ₹100 to ₹130. What is the percentage increase?
  2. 2.A table bought for ₹3500 is sold for ₹3920. What is the profit per cent?
  3. 3.A cooler bought for ₹200 is sold for ₹160. What is the loss per cent?
  4. 4.What is 30% of 640?
  5. 5.A shopkeeper buys a cycle for ₹1100 and sells it for ₹860. What is the loss (in ₹)?
  6. 6.What is 15% of 320?
  7. 7.What is 85% of 220?
  8. 8.What is 5% of 960?
  9. 9.A shopkeeper buys a watch for ₹2150 and sells it for ₹2380. What is the profit (in ₹)?
  10. 10.What is 10% of 880?
  11. 11.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹330. What is the loss (in ₹)?
  12. 12.A sewing machine costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
  13. 13.A mobile phone bought for ₹2200 is sold for ₹2530. What is the profit per cent?
  14. 14.The price of a water bottle changed from ₹50 to ₹80. What is the percentage increase?
  15. 15.What is 65% of 880?
  16. 16.What is 75% of 80?
  17. 17.A shopkeeper buys a cycle for ₹1900 and sells it for ₹1950. What is the profit (in ₹)?
  18. 18.A cricket kit bought for ₹3000 is sold for ₹2400. What is the loss per cent?
  19. 19.What is the amount (principal + simple interest) on ₹3300 at 4% per year for 3 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹3400 at 2% per year for 3 years (in ₹)?
  21. 21.A shopkeeper buys a table for ₹2900 and sells it for ₹2870. What is the loss (in ₹)?
  22. 22.A table costs ₹2800. It is sold at a 40% loss. What is the selling price (in ₹)?
  23. 23.The price of a cricket ball changed from ₹20 to ₹35. What is the percentage increase?
  24. 24.A shopkeeper buys a mobile phone for ₹2850 and sells it for ₹2780. What is the loss (in ₹)?
  25. 25.What is 45% of 280?
  26. 26.A cycle costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
  27. 27.The price of a bus pass changed from ₹250 to ₹375. What is the percentage increase?
  28. 28.A sewing machine costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
  29. 29.What is the simple interest on ₹500 at 8% per year for 1 year (in ₹)?
  30. 30.What is the simple interest on ₹2200 at 5% per year for 1 year (in ₹)?
  31. 31.What is the simple interest on ₹2700 at 3% per year for 5 years (in ₹)?
  32. 32.The price of a cricket ball changed from ₹40 to ₹10. What is the percentage decrease?
  33. 33.A cycle bought for ₹2900 is sold for ₹3248. What is the profit per cent?
  34. 34.The price of a cricket ball changed from ₹100 to ₹110. What is the percentage increase?
  35. 35.A cooler costs ₹4000. It is sold at a 40% profit. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹1300 at 12% per year for 2 years (in ₹)?
  37. 37.What is the simple interest on ₹8800 at 2% per year for 5 years (in ₹)?
  38. 38.What is 5% of 940?
  39. 39.What is 25% of 440?
  40. 40.What is the amount (principal + simple interest) on ₹4900 at 7% per year for 1 year (in ₹)?

Answer key

  1. 30
  2. 12
  3. 20
  4. 192
  5. 240
  6. 48
  7. 187
  8. 48
  9. 230
  10. 88
  11. 120
  12. 880
  13. 15
  14. 60
  15. 572
  16. 60
  17. 50
  18. 20
  19. 3696
  20. 3604
  21. 30
  22. 1680
  23. 75
  24. 70
  25. 126
  26. 3024
  27. 50
  28. 390
  29. 40
  30. 110
  31. 405
  32. 75
  33. 12
  34. 10
  35. 5600
  36. 1612
  37. 880
  38. 47
  39. 110
  40. 5243

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