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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 146 · 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 ₹2300. It is sold at a 10% loss. What is the selling price (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹5300 at 4% per year for 5 years (in ₹)?
  3. 3.A watch costs ₹2100. It is sold at a 5% profit. What is the selling price (in ₹)?
  4. 4.What is the simple interest on ₹600 at 10% per year for 1 year (in ₹)?
  5. 5.What is 10% of 940?
  6. 6.The price of a box of mangoes changed from ₹20 to ₹32. What is the percentage increase?
  7. 7.What is 90% of 420?
  8. 8.What is the amount (principal + simple interest) on ₹1800 at 12% per year for 1 year (in ₹)?
  9. 9.A cooler bought for ₹2300 is sold for ₹1840. What is the loss per cent?
  10. 10.What is the amount (principal + simple interest) on ₹4400 at 3% per year for 1 year (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹9800 at 4% per year for 4 years (in ₹)?
  12. 12.A cooler costs ₹300. It is sold at a 40% loss. What is the selling price (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹9200 at 12% per year for 3 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹5600 at 9% per year for 1 year (in ₹)?
  15. 15.A shopkeeper buys a cooler for ₹800 and sells it for ₹820. What is the profit (in ₹)?
  16. 16.The price of a box of mangoes changed from ₹25 to ₹5. What is the percentage decrease?
  17. 17.What is the amount (principal + simple interest) on ₹5500 at 4% per year for 1 year (in ₹)?
  18. 18.A shopkeeper buys a cricket kit for ₹3000 and sells it for ₹2940. What is the loss (in ₹)?
  19. 19.The price of a pair of shoes changed from ₹80 to ₹56. What is the percentage decrease?
  20. 20.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1360. What is the profit (in ₹)?
  21. 21.A mobile phone bought for ₹3700 is sold for ₹1850. What is the loss per cent?
  22. 22.A table costs ₹3600. It is sold at a 5% profit. What is the selling price (in ₹)?
  23. 23.A fan bought for ₹2800 is sold for ₹3920. What is the profit per cent?
  24. 24.A cooler bought for ₹1600 is sold for ₹1920. What is the profit per cent?
  25. 25.A cricket kit bought for ₹1000 is sold for ₹1400. What is the profit per cent?
  26. 26.What is 30% of 100?
  27. 27.What is 40% of 580?
  28. 28.What is the simple interest on ₹4300 at 4% per year for 4 years (in ₹)?
  29. 29.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹2150. What is the profit (in ₹)?
  30. 30.A shopkeeper buys a cooler for ₹2150 and sells it for ₹2280. What is the profit (in ₹)?
  31. 31.A cooler costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
  32. 32.A sewing machine costs ₹2400. It is sold at a 20% profit. What is the selling price (in ₹)?
  33. 33.What is 30% of 240?
  34. 34.What is 25% of 240?
  35. 35.What is 35% of 840?
  36. 36.A watch costs ₹2600. It is sold at a 50% loss. What is the selling price (in ₹)?
  37. 37.The price of a box of mangoes changed from ₹500 to ₹550. What is the percentage increase?
  38. 38.What is the simple interest on ₹2500 at 3% per year for 4 years (in ₹)?
  39. 39.What is 5% of 140?
  40. 40.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹2060. What is the profit (in ₹)?

Answer key

  1. 2070
  2. 6360
  3. 2205
  4. 60
  5. 94
  6. 60
  7. 378
  8. 2016
  9. 20
  10. 4532
  11. 11368
  12. 180
  13. 12512
  14. 6104
  15. 20
  16. 80
  17. 5720
  18. 60
  19. 30
  20. 10
  21. 50
  22. 3780
  23. 40
  24. 20
  25. 40
  26. 30
  27. 232
  28. 688
  29. 100
  30. 130
  31. 2945
  32. 2880
  33. 72
  34. 60
  35. 294
  36. 1300
  37. 10
  38. 300
  39. 7
  40. 160

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