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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 177 · 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 cooler costs ₹4000. It is sold at a 15% profit. What is the selling price (in ₹)?
  2. 2.What is the simple interest on ₹600 at 3% per year for 1 year (in ₹)?
  3. 3.What is the simple interest on ₹1500 at 3% per year for 5 years (in ₹)?
  4. 4.What is 95% of 180?
  5. 5.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3240. What is the profit (in ₹)?
  6. 6.A watch bought for ₹600 is sold for ₹720. What is the profit per cent?
  7. 7.What is the simple interest on ₹2200 at 8% per year for 2 years (in ₹)?
  8. 8.What is the simple interest on ₹1200 at 6% per year for 4 years (in ₹)?
  9. 9.The price of a school bag changed from ₹40 to ₹44. What is the percentage increase?
  10. 10.A cycle costs ₹900. It is sold at a 25% loss. What is the selling price (in ₹)?
  11. 11.What is 65% of 360?
  12. 12.What is 70% of 680?
  13. 13.What is 25% of 160?
  14. 14.A shopkeeper buys a sewing machine for ₹3000 and sells it for ₹3190. What is the profit (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹1900 at 8% per year for 4 years (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹9500 at 7% per year for 3 years (in ₹)?
  17. 17.The price of a bus pass changed from ₹25 to ₹30. What is the percentage increase?
  18. 18.What is the simple interest on ₹4100 at 2% per year for 4 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹8300 at 3% per year for 5 years (in ₹)?
  20. 20.A watch bought for ₹2400 is sold for ₹1680. What is the loss per cent?
  21. 21.What is 60% of 320?
  22. 22.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹540. What is the profit (in ₹)?
  23. 23.A cricket kit bought for ₹2400 is sold for ₹3120. What is the profit per cent?
  24. 24.A mobile phone costs ₹1700. It is sold at a 30% profit. What is the selling price (in ₹)?
  25. 25.What is the simple interest on ₹8700 at 12% per year for 4 years (in ₹)?
  26. 26.The price of a bus pass changed from ₹200 to ₹220. What is the percentage increase?
  27. 27.What is the amount (principal + simple interest) on ₹8400 at 11% per year for 5 years (in ₹)?
  28. 28.What is 35% of 620?
  29. 29.What is 40% of 680?
  30. 30.What is 40% of 560?
  31. 31.A sewing machine costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
  32. 32.A cooler bought for ₹3700 is sold for ₹2590. What is the loss per cent?
  33. 33.A sewing machine bought for ₹1800 is sold for ₹2520. What is the profit per cent?
  34. 34.The price of a box of mangoes changed from ₹25 to ₹5. What is the percentage decrease?
  35. 35.What is 60% of 780?
  36. 36.A table bought for ₹200 is sold for ₹224. What is the profit per cent?
  37. 37.The price of a pair of shoes changed from ₹20 to ₹21. What is the percentage increase?
  38. 38.A mobile phone bought for ₹1500 is sold for ₹1575. What is the profit per cent?
  39. 39.The price of a box of mangoes changed from ₹40 to ₹48. What is the percentage increase?
  40. 40.What is 85% of 580?

Answer key

  1. 4600
  2. 18
  3. 225
  4. 171
  5. 240
  6. 20
  7. 352
  8. 288
  9. 10
  10. 675
  11. 234
  12. 476
  13. 40
  14. 190
  15. 2508
  16. 11495
  17. 20
  18. 328
  19. 9545
  20. 30
  21. 192
  22. 240
  23. 30
  24. 2210
  25. 4176
  26. 10
  27. 13020
  28. 217
  29. 272
  30. 224
  31. 900
  32. 30
  33. 40
  34. 80
  35. 468
  36. 12
  37. 5
  38. 5
  39. 20
  40. 493

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