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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 134 · 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 mobile phone costs ₹800. It is sold at a 20% profit. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a table for ₹2350 and sells it for ₹2290. What is the loss (in ₹)?
  3. 3.A table costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
  4. 4.What is 70% of 920?
  5. 5.A shopkeeper buys a watch for ₹1250 and sells it for ₹1510. What is the profit (in ₹)?
  6. 6.What is 35% of 780?
  7. 7.What is the amount (principal + simple interest) on ₹5500 at 8% per year for 4 years (in ₹)?
  8. 8.A mobile phone bought for ₹2100 is sold for ₹1995. What is the loss per cent?
  9. 9.The price of a school bag changed from ₹500 to ₹505. What is the percentage increase?
  10. 10.What is the simple interest on ₹4800 at 12% per year for 4 years (in ₹)?
  11. 11.A table costs ₹200. It is sold at a 10% loss. What is the selling price (in ₹)?
  12. 12.A cricket kit bought for ₹2600 is sold for ₹1820. What is the loss per cent?
  13. 13.A fan bought for ₹2200 is sold for ₹2310. What is the profit per cent?
  14. 14.What is the simple interest on ₹8600 at 9% per year for 2 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹5200 at 12% per year for 5 years (in ₹)?
  16. 16.The price of a water bottle changed from ₹20 to ₹22. What is the percentage increase?
  17. 17.What is the simple interest on ₹8600 at 2% per year for 4 years (in ₹)?
  18. 18.The price of a bus pass changed from ₹80 to ₹144. What is the percentage increase?
  19. 19.A shopkeeper buys a table for ₹500 and sells it for ₹750. What is the profit (in ₹)?
  20. 20.What is the simple interest on ₹3200 at 2% per year for 1 year (in ₹)?
  21. 21.What is 25% of 960?
  22. 22.A shopkeeper buys a cooler for ₹3000 and sells it for ₹2910. What is the loss (in ₹)?
  23. 23.A watch costs ₹800. It is sold at a 10% loss. What is the selling price (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹5500 at 12% per year for 5 years (in ₹)?
  25. 25.What is the simple interest on ₹4500 at 8% per year for 4 years (in ₹)?
  26. 26.What is the simple interest on ₹7500 at 8% per year for 5 years (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹3600 at 3% per year for 1 year (in ₹)?
  28. 28.What is 85% of 440?
  29. 29.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹520. What is the loss (in ₹)?
  30. 30.What is 25% of 80?
  31. 31.What is the simple interest on ₹5400 at 8% per year for 5 years (in ₹)?
  32. 32.A mobile phone bought for ₹3600 is sold for ₹4032. What is the profit per cent?
  33. 33.A cycle costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
  34. 34.What is 20% of 100?
  35. 35.The price of a school bag changed from ₹50 to ₹55. What is the percentage increase?
  36. 36.What is 65% of 160?
  37. 37.What is the simple interest on ₹7500 at 12% per year for 2 years (in ₹)?
  38. 38.What is the simple interest on ₹3000 at 11% per year for 5 years (in ₹)?
  39. 39.A shopkeeper buys a fan for ₹450 and sells it for ₹410. What is the loss (in ₹)?
  40. 40.A cooler costs ₹2700. It is sold at a 5% loss. What is the selling price (in ₹)?

Answer key

  1. 960
  2. 60
  3. 560
  4. 644
  5. 260
  6. 273
  7. 7260
  8. 5
  9. 1
  10. 2304
  11. 180
  12. 30
  13. 5
  14. 1548
  15. 8320
  16. 10
  17. 688
  18. 80
  19. 250
  20. 64
  21. 240
  22. 90
  23. 720
  24. 8800
  25. 1440
  26. 3000
  27. 3708
  28. 374
  29. 230
  30. 20
  31. 2160
  32. 12
  33. 390
  34. 20
  35. 10
  36. 104
  37. 1800
  38. 1650
  39. 40
  40. 2565

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