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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 154 · 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 cycle costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
  2. 2.What is 35% of 300?
  3. 3.What is 35% of 200?
  4. 4.A watch costs ₹3000. It is sold at a 20% profit. What is the selling price (in ₹)?
  5. 5.A fan costs ₹3200. It is sold at a 5% loss. What is the selling price (in ₹)?
  6. 6.A mobile phone bought for ₹200 is sold for ₹230. What is the profit per cent?
  7. 7.The price of a bus pass changed from ₹100 to ₹140. What is the percentage increase?
  8. 8.What is the simple interest on ₹6800 at 4% per year for 2 years (in ₹)?
  9. 9.What is the simple interest on ₹2000 at 11% per year for 5 years (in ₹)?
  10. 10.A shopkeeper buys a cooler for ₹1550 and sells it for ₹1390. What is the loss (in ₹)?
  11. 11.A shopkeeper buys a table for ₹2900 and sells it for ₹3100. What is the profit (in ₹)?
  12. 12.A cycle bought for ₹2800 is sold for ₹3080. What is the profit per cent?
  13. 13.A sewing machine costs ₹1300. It is sold at a 25% loss. What is the selling price (in ₹)?
  14. 14.What is 55% of 860?
  15. 15.What is the simple interest on ₹5900 at 10% per year for 2 years (in ₹)?
  16. 16.A sewing machine bought for ₹3600 is sold for ₹5400. What is the profit per cent?
  17. 17.The price of a cricket ball changed from ₹40 to ₹56. What is the percentage increase?
  18. 18.The price of a pair of shoes changed from ₹100 to ₹102. What is the percentage increase?
  19. 19.The price of a box of mangoes changed from ₹20 to ₹8. What is the percentage decrease?
  20. 20.A shopkeeper buys a mobile phone for ₹2950 and sells it for ₹2850. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a table for ₹450 and sells it for ₹700. What is the profit (in ₹)?
  22. 22.The price of a bus pass changed from ₹200 to ₹196. What is the percentage decrease?
  23. 23.A fan costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹2300 at 5% per year for 5 years (in ₹)?
  25. 25.A cycle costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
  26. 26.What is 80% of 440?
  27. 27.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹850. What is the profit (in ₹)?
  28. 28.What is the simple interest on ₹4900 at 8% per year for 2 years (in ₹)?
  29. 29.A cooler costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
  30. 30.What is the simple interest on ₹9500 at 11% per year for 3 years (in ₹)?
  31. 31.A cycle bought for ₹3400 is sold for ₹2720. What is the loss per cent?
  32. 32.What is the simple interest on ₹7600 at 2% per year for 3 years (in ₹)?
  33. 33.A watch bought for ₹300 is sold for ₹315. What is the profit per cent?
  34. 34.A fan bought for ₹1700 is sold for ₹1496. What is the loss per cent?
  35. 35.The price of a bus pass changed from ₹200 to ₹40. What is the percentage decrease?
  36. 36.A cooler bought for ₹2300 is sold for ₹2875. What is the profit per cent?
  37. 37.A shopkeeper buys a table for ₹950 and sells it for ₹880. What is the loss (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹1300 at 11% per year for 4 years (in ₹)?
  39. 39.What is 45% of 980?
  40. 40.What is 25% of 800?

Answer key

  1. 1260
  2. 105
  3. 70
  4. 3600
  5. 3040
  6. 15
  7. 40
  8. 544
  9. 1100
  10. 160
  11. 200
  12. 10
  13. 975
  14. 473
  15. 1180
  16. 50
  17. 40
  18. 2
  19. 60
  20. 100
  21. 250
  22. 2
  23. 3450
  24. 2875
  25. 2520
  26. 352
  27. 150
  28. 784
  29. 540
  30. 3135
  31. 20
  32. 456
  33. 5
  34. 12
  35. 80
  36. 25
  37. 70
  38. 1872
  39. 441
  40. 200

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