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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 205 · 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 watch bought for ₹3300 is sold for ₹3465. What is the profit per cent?
  2. 2.What is 55% of 920?
  3. 3.A cricket kit costs ₹900. It is sold at a 15% profit. What is the selling price (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹6200 at 3% per year for 4 years (in ₹)?
  5. 5.A shopkeeper buys a cooler for ₹550 and sells it for ₹500. What is the loss (in ₹)?
  6. 6.What is 35% of 580?
  7. 7.What is the simple interest on ₹5200 at 4% per year for 3 years (in ₹)?
  8. 8.A cooler costs ₹1600. It is sold at a 20% loss. What is the selling price (in ₹)?
  9. 9.What is 10% of 400?
  10. 10.A cycle costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
  11. 11.What is 60% of 220?
  12. 12.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1520. What is the loss (in ₹)?
  13. 13.The price of a bus pass changed from ₹250 to ₹275. What is the percentage increase?
  14. 14.What is the simple interest on ₹5100 at 10% per year for 3 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹2900 at 9% per year for 3 years (in ₹)?
  16. 16.What is 5% of 560?
  17. 17.A shopkeeper buys a fan for ₹600 and sells it for ₹560. What is the loss (in ₹)?
  18. 18.The price of a bus pass changed from ₹80 to ₹76. What is the percentage decrease?
  19. 19.What is 95% of 200?
  20. 20.What is the simple interest on ₹1700 at 7% per year for 2 years (in ₹)?
  21. 21.The price of a box of mangoes changed from ₹400 to ₹200. What is the percentage decrease?
  22. 22.What is the amount (principal + simple interest) on ₹4500 at 9% per year for 5 years (in ₹)?
  23. 23.The price of a water bottle changed from ₹200 to ₹50. What is the percentage decrease?
  24. 24.What is 45% of 620?
  25. 25.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1650. What is the loss (in ₹)?
  26. 26.What is the simple interest on ₹900 at 12% per year for 2 years (in ₹)?
  27. 27.A table bought for ₹2600 is sold for ₹2288. What is the loss per cent?
  28. 28.What is the simple interest on ₹9600 at 12% per year for 2 years (in ₹)?
  29. 29.A table costs ₹800. It is sold at a 25% loss. What is the selling price (in ₹)?
  30. 30.A watch costs ₹3100. It is sold at a 10% profit. What is the selling price (in ₹)?
  31. 31.A mobile phone bought for ₹2900 is sold for ₹2755. What is the loss per cent?
  32. 32.What is the simple interest on ₹2000 at 10% per year for 1 year (in ₹)?
  33. 33.A fan bought for ₹2700 is sold for ₹2376. What is the loss per cent?
  34. 34.What is the simple interest on ₹2500 at 10% per year for 3 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹2100 at 9% per year for 2 years (in ₹)?
  36. 36.A cycle bought for ₹2600 is sold for ₹2912. What is the profit per cent?
  37. 37.A sewing machine bought for ₹3500 is sold for ₹4375. What is the profit per cent?
  38. 38.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2140. What is the profit (in ₹)?
  39. 39.A fan bought for ₹3800 is sold for ₹1900. What is the loss per cent?
  40. 40.What is 85% of 60?

Answer key

  1. 5
  2. 506
  3. 1035
  4. 6944
  5. 50
  6. 203
  7. 624
  8. 1280
  9. 40
  10. 390
  11. 132
  12. 180
  13. 10
  14. 1530
  15. 3683
  16. 28
  17. 40
  18. 5
  19. 190
  20. 238
  21. 50
  22. 6525
  23. 75
  24. 279
  25. 100
  26. 216
  27. 12
  28. 2304
  29. 600
  30. 3410
  31. 5
  32. 200
  33. 12
  34. 750
  35. 2478
  36. 12
  37. 25
  38. 190
  39. 50
  40. 51

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