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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 24 · 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 shopkeeper buys a sewing machine for ₹2400 and sells it for ₹2690. What is the profit (in ₹)?
  2. 2.What is the simple interest on ₹3400 at 11% per year for 4 years (in ₹)?
  3. 3.A cricket kit costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹7900 at 6% per year for 3 years (in ₹)?
  5. 5.What is the simple interest on ₹2900 at 2% per year for 1 year (in ₹)?
  6. 6.A cricket kit costs ₹2300. It is sold at a 12% loss. What is the selling price (in ₹)?
  7. 7.What is 20% of 60?
  8. 8.What is 55% of 120?
  9. 9.A cooler bought for ₹2700 is sold for ₹4050. What is the profit per cent?
  10. 10.What is 80% of 700?
  11. 11.A shopkeeper buys a fan for ₹400 and sells it for ₹130. What is the loss (in ₹)?
  12. 12.What is the simple interest on ₹9300 at 8% per year for 4 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹9700 at 9% per year for 1 year (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹1400 at 10% per year for 2 years (in ₹)?
  15. 15.What is 55% of 140?
  16. 16.A cricket kit costs ₹200. It is sold at a 15% profit. What is the selling price (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹3800 at 10% per year for 4 years (in ₹)?
  18. 18.What is 35% of 40?
  19. 19.What is the amount (principal + simple interest) on ₹1200 at 5% per year for 4 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹2800 at 12% per year for 1 year (in ₹)?
  21. 21.What is 25% of 100?
  22. 22.A sewing machine costs ₹2700. It is sold at a 30% loss. What is the selling price (in ₹)?
  23. 23.The price of a box of mangoes changed from ₹25 to ₹20. What is the percentage decrease?
  24. 24.What is 40% of 780?
  25. 25.The price of a water bottle changed from ₹200 to ₹320. What is the percentage increase?
  26. 26.A mobile phone costs ₹2100. It is sold at a 5% loss. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1810. What is the profit (in ₹)?
  28. 28.What is 75% of 80?
  29. 29.A shopkeeper buys a table for ₹2800 and sells it for ₹2780. What is the loss (in ₹)?
  30. 30.A cooler bought for ₹3600 is sold for ₹3780. What is the profit per cent?
  31. 31.What is the amount (principal + simple interest) on ₹9200 at 12% per year for 2 years (in ₹)?
  32. 32.A watch bought for ₹800 is sold for ₹1040. What is the profit per cent?
  33. 33.What is the amount (principal + simple interest) on ₹10000 at 4% per year for 3 years (in ₹)?
  34. 34.A mobile phone bought for ₹3500 is sold for ₹3325. What is the loss per cent?
  35. 35.What is 30% of 620?
  36. 36.The price of a pair of shoes changed from ₹80 to ₹100. What is the percentage increase?
  37. 37.A shopkeeper buys a cycle for ₹250 and sells it for ₹240. What is the loss (in ₹)?
  38. 38.What is 80% of 280?
  39. 39.What is 55% of 420?
  40. 40.The price of a school bag changed from ₹250 to ₹325. What is the percentage increase?

Answer key

  1. 290
  2. 1496
  3. 1344
  4. 9322
  5. 58
  6. 2024
  7. 12
  8. 66
  9. 50
  10. 560
  11. 270
  12. 2976
  13. 10573
  14. 1680
  15. 77
  16. 230
  17. 5320
  18. 14
  19. 1440
  20. 3136
  21. 25
  22. 1890
  23. 20
  24. 312
  25. 60
  26. 1995
  27. 160
  28. 60
  29. 20
  30. 5
  31. 11408
  32. 30
  33. 11200
  34. 5
  35. 186
  36. 25
  37. 10
  38. 224
  39. 231
  40. 30

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