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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 11 · 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 cycle bought for ₹3800 is sold for ₹3420. What is the loss per cent?
  2. 2.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2540. What is the profit (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹2400 at 12% per year for 5 years (in ₹)?
  4. 4.What is 15% of 60?
  5. 5.What is 45% of 280?
  6. 6.The price of a water bottle changed from ₹500 to ₹650. What is the percentage increase?
  7. 7.A cricket kit costs ₹2800. It is sold at a 25% profit. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a table for ₹450 and sells it for ₹240. What is the loss (in ₹)?
  9. 9.A table bought for ₹1300 is sold for ₹1365. What is the profit per cent?
  10. 10.What is 20% of 180?
  11. 11.What is the simple interest on ₹3900 at 6% per year for 3 years (in ₹)?
  12. 12.A fan costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹5100 at 10% per year for 2 years (in ₹)?
  14. 14.What is the simple interest on ₹5400 at 3% per year for 1 year (in ₹)?
  15. 15.What is 95% of 160?
  16. 16.What is the simple interest on ₹2900 at 9% per year for 1 year (in ₹)?
  17. 17.A shopkeeper buys a table for ₹600 and sells it for ₹840. What is the profit (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹7000 at 3% per year for 3 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹2300 at 9% per year for 3 years (in ₹)?
  20. 20.The price of a cricket ball changed from ₹25 to ₹15. What is the percentage decrease?
  21. 21.A fan costs ₹2600. It is sold at a 12% loss. What is the selling price (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹5200 at 4% per year for 5 years (in ₹)?
  23. 23.What is 80% of 620?
  24. 24.A cricket kit bought for ₹2500 is sold for ₹2125. What is the loss per cent?
  25. 25.What is the amount (principal + simple interest) on ₹7400 at 2% per year for 1 year (in ₹)?
  26. 26.What is 10% of 820?
  27. 27.A cooler bought for ₹3000 is sold for ₹3150. What is the profit per cent?
  28. 28.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹660. What is the profit (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹6800 at 12% per year for 2 years (in ₹)?
  30. 30.What is the simple interest on ₹4400 at 7% per year for 1 year (in ₹)?
  31. 31.What is the simple interest on ₹4900 at 3% per year for 1 year (in ₹)?
  32. 32.A table bought for ₹1500 is sold for ₹1725. What is the profit per cent?
  33. 33.A cycle costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
  34. 34.The price of a school bag changed from ₹100 to ₹130. What is the percentage increase?
  35. 35.The price of a pair of shoes changed from ₹80 to ₹128. What is the percentage increase?
  36. 36.A shopkeeper buys a mobile phone for ₹950 and sells it for ₹1050. What is the profit (in ₹)?
  37. 37.A shopkeeper buys a mobile phone for ₹2600 and sells it for ₹2610. What is the profit (in ₹)?
  38. 38.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹2120. What is the profit (in ₹)?
  39. 39.What is 90% of 540?
  40. 40.A mobile phone costs ₹1200. It is sold at a 12% loss. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 240
  3. 3840
  4. 9
  5. 126
  6. 30
  7. 3500
  8. 210
  9. 5
  10. 36
  11. 702
  12. 840
  13. 6120
  14. 162
  15. 152
  16. 261
  17. 240
  18. 7630
  19. 2921
  20. 40
  21. 2288
  22. 6240
  23. 496
  24. 15
  25. 7548
  26. 82
  27. 5
  28. 60
  29. 8432
  30. 308
  31. 147
  32. 15
  33. 3990
  34. 30
  35. 60
  36. 100
  37. 10
  38. 220
  39. 486
  40. 1056

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