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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 111 · 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 costs ₹3400. It is sold at a 10% profit. What is the selling price (in ₹)?
  2. 2.What is 40% of 540?
  3. 3.What is the amount (principal + simple interest) on ₹3600 at 8% per year for 3 years (in ₹)?
  4. 4.What is 30% of 500?
  5. 5.What is 30% of 600?
  6. 6.A sewing machine bought for ₹2300 is sold for ₹2530. What is the profit per cent?
  7. 7.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1620. What is the profit (in ₹)?
  8. 8.The price of a bus pass changed from ₹200 to ₹250. What is the percentage increase?
  9. 9.The price of a cricket ball changed from ₹20 to ₹30. What is the percentage increase?
  10. 10.A cooler bought for ₹500 is sold for ₹350. What is the loss per cent?
  11. 11.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2280. What is the profit (in ₹)?
  12. 12.A cycle costs ₹3400. It is sold at a 25% profit. What is the selling price (in ₹)?
  13. 13.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1850. What is the profit (in ₹)?
  14. 14.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1440. What is the loss (in ₹)?
  15. 15.A shopkeeper buys a fan for ₹1350 and sells it for ₹1370. What is the profit (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹1200 at 9% per year for 2 years (in ₹)?
  17. 17.A shopkeeper buys a cooler for ₹2300 and sells it for ₹2350. What is the profit (in ₹)?
  18. 18.What is the simple interest on ₹9800 at 2% per year for 1 year (in ₹)?
  19. 19.A cycle costs ₹3300. It is sold at a 5% loss. What is the selling price (in ₹)?
  20. 20.What is 85% of 40?
  21. 21.What is the simple interest on ₹1000 at 7% per year for 1 year (in ₹)?
  22. 22.What is 20% of 260?
  23. 23.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
  24. 24.A shopkeeper buys a table for ₹2600 and sells it for ₹2510. What is the loss (in ₹)?
  25. 25.What is 85% of 480?
  26. 26.A cooler costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
  27. 27.What is 65% of 600?
  28. 28.What is the simple interest on ₹3200 at 12% per year for 3 years (in ₹)?
  29. 29.A cycle costs ₹2700. It is sold at a 25% profit. What is the selling price (in ₹)?
  30. 30.A fan bought for ₹3400 is sold for ₹1700. What is the loss per cent?
  31. 31.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹1000. What is the profit (in ₹)?
  32. 32.A shopkeeper buys a fan for ₹2650 and sells it for ₹2500. What is the loss (in ₹)?
  33. 33.A shopkeeper buys a watch for ₹2450 and sells it for ₹2340. What is the loss (in ₹)?
  34. 34.A table costs ₹3800. It is sold at a 12% profit. What is the selling price (in ₹)?
  35. 35.A watch bought for ₹1800 is sold for ₹2340. What is the profit per cent?
  36. 36.A shopkeeper buys a cooler for ₹2900 and sells it for ₹2830. What is the loss (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹7300 at 9% per year for 3 years (in ₹)?
  38. 38.A shopkeeper buys a fan for ₹2250 and sells it for ₹2540. What is the profit (in ₹)?
  39. 39.What is 5% of 100?
  40. 40.What is the amount (principal + simple interest) on ₹10000 at 3% per year for 4 years (in ₹)?

Answer key

  1. 3740
  2. 216
  3. 4464
  4. 150
  5. 180
  6. 10
  7. 20
  8. 25
  9. 50
  10. 30
  11. 230
  12. 4250
  13. 150
  14. 60
  15. 20
  16. 1416
  17. 50
  18. 196
  19. 3135
  20. 34
  21. 70
  22. 52
  23. 40
  24. 90
  25. 408
  26. 3570
  27. 390
  28. 1152
  29. 3375
  30. 50
  31. 250
  32. 150
  33. 110
  34. 4256
  35. 30
  36. 70
  37. 9271
  38. 290
  39. 5
  40. 11200

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