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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 229 · 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.What is 70% of 100?
  2. 2.A mobile phone bought for ₹800 is sold for ₹400. What is the loss per cent?
  3. 3.What is the simple interest on ₹2900 at 6% per year for 3 years (in ₹)?
  4. 4.A shopkeeper buys a cooler for ₹650 and sells it for ₹660. What is the profit (in ₹)?
  5. 5.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1170. What is the loss (in ₹)?
  6. 6.A cricket kit bought for ₹2400 is sold for ₹2760. What is the profit per cent?
  7. 7.What is the simple interest on ₹9800 at 7% per year for 4 years (in ₹)?
  8. 8.What is 45% of 160?
  9. 9.A watch costs ₹1400. It is sold at a 50% loss. What is the selling price (in ₹)?
  10. 10.A table bought for ₹2700 is sold for ₹2970. What is the profit per cent?
  11. 11.A mobile phone costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
  12. 12.A fan costs ₹1700. It is sold at a 40% loss. What is the selling price (in ₹)?
  13. 13.A shopkeeper buys a table for ₹650 and sells it for ₹490. What is the loss (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹10000 at 12% per year for 3 years (in ₹)?
  15. 15.A watch bought for ₹3000 is sold for ₹3750. What is the profit per cent?
  16. 16.What is 60% of 840?
  17. 17.The price of a water bottle changed from ₹250 to ₹400. What is the percentage increase?
  18. 18.What is 90% of 320?
  19. 19.The price of a pair of shoes changed from ₹20 to ₹16. What is the percentage decrease?
  20. 20.A cooler costs ₹400. It is sold at a 20% loss. What is the selling price (in ₹)?
  21. 21.What is the simple interest on ₹900 at 9% per year for 4 years (in ₹)?
  22. 22.A cycle bought for ₹700 is sold for ₹560. What is the loss per cent?
  23. 23.A shopkeeper buys a sewing machine for ₹1400 and sells it for ₹1570. What is the profit (in ₹)?
  24. 24.A shopkeeper buys a watch for ₹2500 and sells it for ₹2790. What is the profit (in ₹)?
  25. 25.A cooler bought for ₹800 is sold for ₹920. What is the profit per cent?
  26. 26.What is 20% of 660?
  27. 27.The price of a cricket ball changed from ₹20 to ₹12. What is the percentage decrease?
  28. 28.What is 65% of 820?
  29. 29.A watch bought for ₹400 is sold for ₹440. What is the profit per cent?
  30. 30.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 4 years (in ₹)?
  31. 31.What is the simple interest on ₹5600 at 5% per year for 4 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹1700 at 10% per year for 5 years (in ₹)?
  33. 33.What is 80% of 580?
  34. 34.What is the amount (principal + simple interest) on ₹1200 at 5% per year for 3 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹1500 at 7% per year for 5 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹6200 at 12% per year for 5 years (in ₹)?
  37. 37.A shopkeeper buys a fan for ₹2500 and sells it for ₹2240. What is the loss (in ₹)?
  38. 38.A sewing machine costs ₹2300. It is sold at a 30% profit. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a fan for ₹1200 and sells it for ₹1490. What is the profit (in ₹)?
  40. 40.A watch costs ₹1300. It is sold at a 15% profit. What is the selling price (in ₹)?

Answer key

  1. 70
  2. 50
  3. 522
  4. 10
  5. 280
  6. 15
  7. 2744
  8. 72
  9. 700
  10. 10
  11. 935
  12. 1020
  13. 160
  14. 13600
  15. 25
  16. 504
  17. 60
  18. 288
  19. 20
  20. 320
  21. 324
  22. 20
  23. 170
  24. 290
  25. 15
  26. 132
  27. 40
  28. 533
  29. 10
  30. 1364
  31. 1120
  32. 2550
  33. 464
  34. 1380
  35. 2025
  36. 9920
  37. 260
  38. 2990
  39. 290
  40. 1495

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