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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 181 · 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 sewing machine costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
  2. 2.A cooler bought for ₹3400 is sold for ₹2992. What is the loss per cent?
  3. 3.A table costs ₹1300. It is sold at a 12% profit. What is the selling price (in ₹)?
  4. 4.A cycle costs ₹400. It is sold at a 10% loss. What is the selling price (in ₹)?
  5. 5.A shopkeeper buys a watch for ₹350 and sells it for ₹360. What is the profit (in ₹)?
  6. 6.The price of a water bottle changed from ₹20 to ₹32. What is the percentage increase?
  7. 7.What is 45% of 460?
  8. 8.A shopkeeper buys a cycle for ₹1250 and sells it for ₹1000. What is the loss (in ₹)?
  9. 9.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1940. What is the profit (in ₹)?
  10. 10.What is the simple interest on ₹2500 at 9% per year for 3 years (in ₹)?
  11. 11.A fan costs ₹3700. It is sold at a 20% loss. What is the selling price (in ₹)?
  12. 12.What is 55% of 620?
  13. 13.What is the amount (principal + simple interest) on ₹5000 at 9% per year for 1 year (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹1100 at 2% per year for 4 years (in ₹)?
  15. 15.What is the simple interest on ₹5200 at 12% per year for 4 years (in ₹)?
  16. 16.The price of a pair of shoes changed from ₹80 to ₹88. What is the percentage increase?
  17. 17.A mobile phone costs ₹700. It is sold at a 10% profit. What is the selling price (in ₹)?
  18. 18.A cooler bought for ₹2000 is sold for ₹2100. What is the profit per cent?
  19. 19.A cycle bought for ₹2900 is sold for ₹2755. What is the loss per cent?
  20. 20.A table costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
  21. 21.What is the simple interest on ₹2900 at 2% per year for 2 years (in ₹)?
  22. 22.What is 10% of 460?
  23. 23.The price of a bus pass changed from ₹25 to ₹45. What is the percentage increase?
  24. 24.A cycle bought for ₹1200 is sold for ₹1344. What is the profit per cent?
  25. 25.What is the simple interest on ₹4700 at 8% per year for 3 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹700 at 4% per year for 1 year (in ₹)?
  27. 27.What is the simple interest on ₹1800 at 8% per year for 1 year (in ₹)?
  28. 28.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1320. What is the loss (in ₹)?
  29. 29.What is 5% of 440?
  30. 30.What is the simple interest on ₹9800 at 11% per year for 4 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹5500 at 7% per year for 5 years (in ₹)?
  32. 32.What is 95% of 600?
  33. 33.A shopkeeper buys a cycle for ₹1000 and sells it for ₹810. What is the loss (in ₹)?
  34. 34.What is 20% of 400?
  35. 35.A shopkeeper buys a cycle for ₹1050 and sells it for ₹1230. What is the profit (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹6300 at 9% per year for 5 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹5400 at 6% per year for 4 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹6000 at 3% per year for 3 years (in ₹)?
  39. 39.What is 75% of 340?
  40. 40.What is the simple interest on ₹4000 at 3% per year for 1 year (in ₹)?

Answer key

  1. 3360
  2. 12
  3. 1456
  4. 360
  5. 10
  6. 60
  7. 207
  8. 250
  9. 40
  10. 675
  11. 2960
  12. 341
  13. 5450
  14. 1188
  15. 2496
  16. 10
  17. 770
  18. 5
  19. 5
  20. 735
  21. 116
  22. 46
  23. 80
  24. 12
  25. 1128
  26. 728
  27. 144
  28. 30
  29. 22
  30. 4312
  31. 7425
  32. 570
  33. 190
  34. 80
  35. 180
  36. 9135
  37. 6696
  38. 6540
  39. 255
  40. 120

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