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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 144 · 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 ₹400. It is sold at a 40% profit. What is the selling price (in ₹)?
  2. 2.What is the simple interest on ₹1900 at 3% per year for 4 years (in ₹)?
  3. 3.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1710. What is the loss (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹1500 at 8% per year for 3 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹1300 at 9% per year for 2 years (in ₹)?
  6. 6.A shopkeeper buys a table for ₹1100 and sells it for ₹800. What is the loss (in ₹)?
  7. 7.A cricket kit bought for ₹400 is sold for ₹448. What is the profit per cent?
  8. 8.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2510. What is the profit (in ₹)?
  9. 9.What is the simple interest on ₹9000 at 5% per year for 5 years (in ₹)?
  10. 10.The price of a pair of shoes changed from ₹80 to ₹96. What is the percentage increase?
  11. 11.A cooler costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
  12. 12.A cooler bought for ₹800 is sold for ₹960. What is the profit per cent?
  13. 13.A mobile phone bought for ₹500 is sold for ₹600. What is the profit per cent?
  14. 14.A table bought for ₹600 is sold for ₹510. What is the loss per cent?
  15. 15.What is the simple interest on ₹700 at 6% per year for 4 years (in ₹)?
  16. 16.A cricket kit bought for ₹2900 is sold for ₹2755. What is the loss per cent?
  17. 17.A cycle bought for ₹400 is sold for ₹500. What is the profit per cent?
  18. 18.A fan costs ₹3300. It is sold at a 20% profit. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a watch for ₹2400 and sells it for ₹2570. What is the profit (in ₹)?
  20. 20.What is 95% of 840?
  21. 21.A table costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
  22. 22.What is 85% of 300?
  23. 23.A shopkeeper buys a table for ₹650 and sells it for ₹780. What is the profit (in ₹)?
  24. 24.A cycle costs ₹3100. It is sold at a 10% loss. What is the selling price (in ₹)?
  25. 25.The price of a school bag changed from ₹20 to ₹36. What is the percentage increase?
  26. 26.A watch costs ₹1100. It is sold at a 40% loss. What is the selling price (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹5500 at 8% per year for 4 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹6300 at 7% per year for 4 years (in ₹)?
  29. 29.What is the simple interest on ₹600 at 9% per year for 1 year (in ₹)?
  30. 30.What is 55% of 80?
  31. 31.A fan bought for ₹300 is sold for ₹315. What is the profit per cent?
  32. 32.A shopkeeper buys a cooler for ₹2050 and sells it for ₹1980. What is the loss (in ₹)?
  33. 33.A fan bought for ₹3200 is sold for ₹4800. What is the profit per cent?
  34. 34.The price of a water bottle changed from ₹200 to ₹250. What is the percentage increase?
  35. 35.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹650. What is the profit (in ₹)?
  36. 36.What is the simple interest on ₹500 at 4% per year for 5 years (in ₹)?
  37. 37.A watch bought for ₹2000 is sold for ₹2300. What is the profit per cent?
  38. 38.A fan costs ₹600. It is sold at a 30% loss. What is the selling price (in ₹)?
  39. 39.A cricket kit bought for ₹3000 is sold for ₹2640. What is the loss per cent?
  40. 40.What is the simple interest on ₹3700 at 2% per year for 3 years (in ₹)?

Answer key

  1. 560
  2. 228
  3. 40
  4. 1860
  5. 1534
  6. 300
  7. 12
  8. 160
  9. 2250
  10. 20
  11. 330
  12. 20
  13. 20
  14. 15
  15. 168
  16. 5
  17. 25
  18. 3960
  19. 170
  20. 798
  21. 630
  22. 255
  23. 130
  24. 2790
  25. 80
  26. 660
  27. 7260
  28. 8064
  29. 54
  30. 44
  31. 5
  32. 70
  33. 50
  34. 25
  35. 300
  36. 100
  37. 15
  38. 420
  39. 12
  40. 222

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