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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 233 · 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 35% of 60?
  2. 2.A mobile phone bought for ₹2100 is sold for ₹1470. What is the loss per cent?
  3. 3.What is 85% of 980?
  4. 4.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1300. What is the profit (in ₹)?
  5. 5.The price of a cricket ball changed from ₹200 to ₹204. What is the percentage increase?
  6. 6.A sewing machine costs ₹1300. It is sold at a 12% loss. What is the selling price (in ₹)?
  7. 7.The price of a pair of shoes changed from ₹40 to ₹32. What is the percentage decrease?
  8. 8.What is the amount (principal + simple interest) on ₹1900 at 4% per year for 5 years (in ₹)?
  9. 9.A shopkeeper buys a watch for ₹800 and sells it for ₹1070. What is the profit (in ₹)?
  10. 10.A mobile phone costs ₹1500. It is sold at a 25% profit. What is the selling price (in ₹)?
  11. 11.What is 20% of 140?
  12. 12.A shopkeeper buys a fan for ₹1950 and sells it for ₹2200. What is the profit (in ₹)?
  13. 13.What is 70% of 900?
  14. 14.A shopkeeper buys a table for ₹1500 and sells it for ₹1200. What is the loss (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹8800 at 3% per year for 2 years (in ₹)?
  16. 16.A fan bought for ₹600 is sold for ₹450. What is the loss per cent?
  17. 17.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹510. What is the loss (in ₹)?
  18. 18.A watch costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
  19. 19.What is 35% of 80?
  20. 20.What is the simple interest on ₹5500 at 8% per year for 5 years (in ₹)?
  21. 21.What is 30% of 980?
  22. 22.A cooler costs ₹2100. It is sold at a 12% profit. What is the selling price (in ₹)?
  23. 23.What is 80% of 520?
  24. 24.A table bought for ₹3400 is sold for ₹4250. What is the profit per cent?
  25. 25.A table bought for ₹1900 is sold for ₹2280. What is the profit per cent?
  26. 26.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
  27. 27.A fan bought for ₹200 is sold for ₹160. What is the loss per cent?
  28. 28.What is the amount (principal + simple interest) on ₹1700 at 4% per year for 2 years (in ₹)?
  29. 29.What is the simple interest on ₹7000 at 10% per year for 4 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹5100 at 2% per year for 3 years (in ₹)?
  31. 31.What is the simple interest on ₹3700 at 9% per year for 2 years (in ₹)?
  32. 32.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1190. What is the loss (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹9800 at 10% per year for 1 year (in ₹)?
  34. 34.A shopkeeper buys a watch for ₹1800 and sells it for ₹1840. What is the profit (in ₹)?
  35. 35.What is 80% of 720?
  36. 36.A cycle costs ₹1300. It is sold at a 25% loss. What is the selling price (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹400 to ₹480. What is the percentage increase?
  38. 38.What is 85% of 960?
  39. 39.What is the amount (principal + simple interest) on ₹10000 at 10% per year for 3 years (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹2000 at 11% per year for 3 years (in ₹)?

Answer key

  1. 21
  2. 30
  3. 833
  4. 200
  5. 2
  6. 1144
  7. 20
  8. 2280
  9. 270
  10. 1875
  11. 28
  12. 250
  13. 630
  14. 300
  15. 9328
  16. 25
  17. 290
  18. 1100
  19. 28
  20. 2200
  21. 294
  22. 2352
  23. 416
  24. 25
  25. 20
  26. 20
  27. 20
  28. 1836
  29. 2800
  30. 5406
  31. 666
  32. 10
  33. 10780
  34. 40
  35. 576
  36. 975
  37. 20
  38. 816
  39. 13000
  40. 2660

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