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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 142 · 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 ₹3900. It is sold at a 10% profit. What is the selling price (in ₹)?
  2. 2.What is the simple interest on ₹7800 at 2% per year for 1 year (in ₹)?
  3. 3.What is 55% of 980?
  4. 4.What is the amount (principal + simple interest) on ₹10000 at 2% per year for 3 years (in ₹)?
  5. 5.The price of a school bag changed from ₹25 to ₹5. What is the percentage decrease?
  6. 6.The price of a bus pass changed from ₹50 to ₹60. What is the percentage increase?
  7. 7.A shopkeeper buys a mobile phone for ₹1700 and sells it for ₹1540. What is the loss (in ₹)?
  8. 8.A sewing machine costs ₹1400. It is sold at a 15% loss. What is the selling price (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹5300 at 11% per year for 5 years (in ₹)?
  10. 10.What is 45% of 520?
  11. 11.What is 60% of 940?
  12. 12.A shopkeeper buys a fan for ₹2050 and sells it for ₹1960. What is the loss (in ₹)?
  13. 13.The price of a cricket ball changed from ₹200 to ₹280. What is the percentage increase?
  14. 14.A mobile phone costs ₹200. It is sold at a 5% profit. What is the selling price (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹6600 at 5% per year for 5 years (in ₹)?
  16. 16.What is the simple interest on ₹7200 at 7% per year for 5 years (in ₹)?
  17. 17.What is 20% of 680?
  18. 18.A table costs ₹3100. It is sold at a 40% loss. What is the selling price (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹2500 at 9% per year for 4 years (in ₹)?
  20. 20.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹180. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a table for ₹1700 and sells it for ₹1520. What is the loss (in ₹)?
  22. 22.What is 25% of 580?
  23. 23.A sewing machine costs ₹200. It is sold at a 15% loss. What is the selling price (in ₹)?
  24. 24.A cycle bought for ₹1100 is sold for ₹1265. What is the profit per cent?
  25. 25.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2610. What is the loss (in ₹)?
  26. 26.What is 75% of 980?
  27. 27.A shopkeeper buys a table for ₹2350 and sells it for ₹2460. What is the profit (in ₹)?
  28. 28.A fan bought for ₹300 is sold for ₹150. What is the loss per cent?
  29. 29.A sewing machine bought for ₹3900 is sold for ₹4095. What is the profit per cent?
  30. 30.What is 85% of 520?
  31. 31.The price of a box of mangoes changed from ₹100 to ₹120. What is the percentage increase?
  32. 32.A cycle costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹8000 at 8% per year for 2 years (in ₹)?
  34. 34.A shopkeeper buys a table for ₹1600 and sells it for ₹1800. What is the profit (in ₹)?
  35. 35.A cycle costs ₹1000. It is sold at a 15% profit. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a fan for ₹1250 and sells it for ₹1330. What is the profit (in ₹)?
  37. 37.The price of a box of mangoes changed from ₹400 to ₹420. What is the percentage increase?
  38. 38.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹2720. What is the loss (in ₹)?
  39. 39.A cycle bought for ₹4000 is sold for ₹3200. What is the loss per cent?
  40. 40.What is the simple interest on ₹8300 at 4% per year for 2 years (in ₹)?

Answer key

  1. 4290
  2. 156
  3. 539
  4. 10600
  5. 80
  6. 20
  7. 160
  8. 1190
  9. 8215
  10. 234
  11. 564
  12. 90
  13. 40
  14. 210
  15. 8250
  16. 2520
  17. 136
  18. 1860
  19. 3400
  20. 220
  21. 180
  22. 145
  23. 170
  24. 15
  25. 190
  26. 735
  27. 110
  28. 50
  29. 5
  30. 442
  31. 20
  32. 2420
  33. 1280
  34. 200
  35. 1150
  36. 80
  37. 5
  38. 230
  39. 20
  40. 664

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