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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 241 · 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 60% of 780?
  2. 2.A watch costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
  3. 3.What is 95% of 500?
  4. 4.What is 90% of 340?
  5. 5.A watch costs ₹3600. It is sold at a 10% loss. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a fan for ₹1000 and sells it for ₹860. What is the loss (in ₹)?
  7. 7.A shopkeeper buys a cycle for ₹1900 and sells it for ₹2190. What is the profit (in ₹)?
  8. 8.A fan bought for ₹2900 is sold for ₹3045. What is the profit per cent?
  9. 9.A shopkeeper buys a cricket kit for ₹2400 and sells it for ₹2430. What is the profit (in ₹)?
  10. 10.A mobile phone costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
  11. 11.What is the simple interest on ₹9300 at 11% per year for 2 years (in ₹)?
  12. 12.A shopkeeper buys a fan for ₹1750 and sells it for ₹1650. What is the loss (in ₹)?
  13. 13.The price of a pair of shoes changed from ₹50 to ₹65. What is the percentage increase?
  14. 14.What is the simple interest on ₹1600 at 3% per year for 3 years (in ₹)?
  15. 15.A shopkeeper buys a mobile phone for ₹2150 and sells it for ₹2020. What is the loss (in ₹)?
  16. 16.A shopkeeper buys a fan for ₹300 and sells it for ₹370. What is the profit (in ₹)?
  17. 17.What is 55% of 480?
  18. 18.A cricket kit costs ₹3400. It is sold at a 25% profit. What is the selling price (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹3800 at 3% per year for 3 years (in ₹)?
  20. 20.The price of a water bottle changed from ₹100 to ₹125. What is the percentage increase?
  21. 21.What is the amount (principal + simple interest) on ₹9000 at 10% per year for 5 years (in ₹)?
  22. 22.A cycle costs ₹1100. It is sold at a 5% profit. What is the selling price (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹1200 at 3% per year for 3 years (in ₹)?
  24. 24.What is 15% of 120?
  25. 25.What is the amount (principal + simple interest) on ₹1100 at 10% per year for 1 year (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹1700 at 8% per year for 5 years (in ₹)?
  27. 27.The price of a bus pass changed from ₹100 to ₹120. What is the percentage increase?
  28. 28.What is the amount (principal + simple interest) on ₹1000 at 10% per year for 1 year (in ₹)?
  29. 29.A shopkeeper buys a cycle for ₹250 and sells it for ₹320. What is the profit (in ₹)?
  30. 30.What is 75% of 960?
  31. 31.What is 70% of 880?
  32. 32.A mobile phone costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹3800 at 6% per year for 4 years (in ₹)?
  34. 34.A cycle bought for ₹200 is sold for ₹120. What is the loss per cent?
  35. 35.A shopkeeper buys a mobile phone for ₹2500 and sells it for ₹2260. What is the loss (in ₹)?
  36. 36.The price of a box of mangoes changed from ₹100 to ₹102. What is the percentage increase?
  37. 37.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1840. What is the profit (in ₹)?
  38. 38.A watch costs ₹1300. It is sold at a 10% profit. What is the selling price (in ₹)?
  39. 39.The price of a bus pass changed from ₹400 to ₹200. What is the percentage decrease?
  40. 40.The price of a box of mangoes changed from ₹80 to ₹144. What is the percentage increase?

Answer key

  1. 468
  2. 1265
  3. 475
  4. 306
  5. 3240
  6. 140
  7. 290
  8. 5
  9. 30
  10. 4875
  11. 2046
  12. 100
  13. 30
  14. 144
  15. 130
  16. 70
  17. 264
  18. 4250
  19. 4142
  20. 25
  21. 13500
  22. 1155
  23. 1308
  24. 18
  25. 1210
  26. 2380
  27. 20
  28. 1100
  29. 70
  30. 720
  31. 616
  32. 315
  33. 912
  34. 40
  35. 240
  36. 2
  37. 90
  38. 1430
  39. 50
  40. 80

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