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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 125 · 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 fan costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
  2. 2.What is 95% of 600?
  3. 3.What is the amount (principal + simple interest) on ₹2900 at 6% per year for 1 year (in ₹)?
  4. 4.The price of a cricket ball changed from ₹50 to ₹60. What is the percentage increase?
  5. 5.A sewing machine costs ₹2900. It is sold at a 40% loss. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a watch for ₹650 and sells it for ₹840. What is the profit (in ₹)?
  7. 7.A cooler bought for ₹2700 is sold for ₹2376. What is the loss per cent?
  8. 8.A cricket kit costs ₹4000. It is sold at a 10% profit. What is the selling price (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹7200 at 9% per year for 1 year (in ₹)?
  10. 10.A cycle bought for ₹4000 is sold for ₹5000. What is the profit per cent?
  11. 11.A watch bought for ₹3900 is sold for ₹3120. What is the loss per cent?
  12. 12.A cycle costs ₹2400. It is sold at a 50% profit. What is the selling price (in ₹)?
  13. 13.A cricket kit costs ₹2800. It is sold at a 40% loss. What is the selling price (in ₹)?
  14. 14.A table bought for ₹2800 is sold for ₹1400. What is the loss per cent?
  15. 15.A cycle bought for ₹3000 is sold for ₹3300. What is the profit per cent?
  16. 16.What is 90% of 720?
  17. 17.The price of a cricket ball changed from ₹200 to ₹300. What is the percentage increase?
  18. 18.The price of a school bag changed from ₹500 to ₹510. What is the percentage increase?
  19. 19.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹490. What is the profit (in ₹)?
  20. 20.A cooler bought for ₹1700 is sold for ₹1496. What is the loss per cent?
  21. 21.A cycle bought for ₹3300 is sold for ₹3795. What is the profit per cent?
  22. 22.What is 45% of 540?
  23. 23.A fan costs ₹1500. It is sold at a 30% loss. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3140. What is the profit (in ₹)?
  25. 25.A watch bought for ₹1000 is sold for ₹1300. What is the profit per cent?
  26. 26.What is 95% of 660?
  27. 27.A shopkeeper buys a fan for ₹2650 and sells it for ₹2710. What is the profit (in ₹)?
  28. 28.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹980. What is the profit (in ₹)?
  29. 29.A cooler costs ₹1800. It is sold at a 50% loss. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a table for ₹2450 and sells it for ₹2190. What is the loss (in ₹)?
  31. 31.A fan bought for ₹2700 is sold for ₹3105. What is the profit per cent?
  32. 32.What is the amount (principal + simple interest) on ₹700 at 12% per year for 2 years (in ₹)?
  33. 33.A cycle costs ₹2000. It is sold at a 5% profit. What is the selling price (in ₹)?
  34. 34.A sewing machine bought for ₹1100 is sold for ₹1045. What is the loss per cent?
  35. 35.What is the amount (principal + simple interest) on ₹500 at 2% per year for 2 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹5500 at 10% per year for 3 years (in ₹)?
  37. 37.What is 40% of 980?
  38. 38.What is 70% of 420?
  39. 39.What is 80% of 200?
  40. 40.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2470. What is the profit (in ₹)?

Answer key

  1. 2730
  2. 570
  3. 3074
  4. 20
  5. 1740
  6. 190
  7. 12
  8. 4400
  9. 7848
  10. 25
  11. 20
  12. 3600
  13. 1680
  14. 50
  15. 10
  16. 648
  17. 50
  18. 2
  19. 140
  20. 12
  21. 15
  22. 243
  23. 1050
  24. 140
  25. 30
  26. 627
  27. 60
  28. 30
  29. 900
  30. 260
  31. 15
  32. 868
  33. 2100
  34. 5
  35. 520
  36. 7150
  37. 392
  38. 294
  39. 160
  40. 20

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