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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 245 · 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 watch for ₹1750 and sells it for ₹1680. What is the loss (in ₹)?
  2. 2.The price of a bus pass changed from ₹400 to ₹280. What is the percentage decrease?
  3. 3.What is 15% of 120?
  4. 4.What is 65% of 660?
  5. 5.A mobile phone costs ₹1500. It is sold at a 15% profit. What is the selling price (in ₹)?
  6. 6.A cycle costs ₹3100. It is sold at a 25% profit. What is the selling price (in ₹)?
  7. 7.The price of a box of mangoes changed from ₹500 to ₹525. What is the percentage increase?
  8. 8.A cooler bought for ₹900 is sold for ₹540. What is the loss per cent?
  9. 9.What is the amount (principal + simple interest) on ₹2100 at 4% per year for 1 year (in ₹)?
  10. 10.What is the simple interest on ₹1800 at 12% per year for 3 years (in ₹)?
  11. 11.The price of a school bag changed from ₹25 to ₹40. What is the percentage increase?
  12. 12.What is 5% of 140?
  13. 13.What is the simple interest on ₹2800 at 6% per year for 3 years (in ₹)?
  14. 14.What is the simple interest on ₹5800 at 9% per year for 3 years (in ₹)?
  15. 15.A shopkeeper buys a cooler for ₹250 and sells it for ₹10. What is the loss (in ₹)?
  16. 16.What is the simple interest on ₹5500 at 4% per year for 1 year (in ₹)?
  17. 17.The price of a cricket ball changed from ₹80 to ₹152. What is the percentage increase?
  18. 18.What is 20% of 260?
  19. 19.A cricket kit bought for ₹3400 is sold for ₹3808. What is the profit per cent?
  20. 20.A shopkeeper buys a fan for ₹800 and sells it for ₹860. What is the profit (in ₹)?
  21. 21.A mobile phone costs ₹3200. It is sold at a 40% loss. What is the selling price (in ₹)?
  22. 22.What is 65% of 580?
  23. 23.A fan costs ₹2100. It is sold at a 20% loss. What is the selling price (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹4800 at 2% per year for 4 years (in ₹)?
  25. 25.What is 15% of 400?
  26. 26.What is the amount (principal + simple interest) on ₹9200 at 3% per year for 2 years (in ₹)?
  27. 27.A shopkeeper buys a fan for ₹1900 and sells it for ₹1940. What is the profit (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹4500 at 9% per year for 2 years (in ₹)?
  29. 29.A shopkeeper buys a cooler for ₹1700 and sells it for ₹1790. What is the profit (in ₹)?
  30. 30.A sewing machine costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹9200 at 7% per year for 4 years (in ₹)?
  32. 32.What is the simple interest on ₹7600 at 5% per year for 2 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹7700 at 7% per year for 5 years (in ₹)?
  34. 34.A fan bought for ₹500 is sold for ₹250. What is the loss per cent?
  35. 35.A cycle bought for ₹700 is sold for ₹980. What is the profit per cent?
  36. 36.The price of a school bag changed from ₹500 to ₹550. What is the percentage increase?
  37. 37.What is 45% of 80?
  38. 38.A fan costs ₹3600. It is sold at a 15% loss. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹8300 at 7% per year for 5 years (in ₹)?
  40. 40.A sewing machine costs ₹1300. It is sold at a 20% profit. What is the selling price (in ₹)?

Answer key

  1. 70
  2. 30
  3. 18
  4. 429
  5. 1725
  6. 3875
  7. 5
  8. 40
  9. 2184
  10. 648
  11. 60
  12. 7
  13. 504
  14. 1566
  15. 240
  16. 220
  17. 90
  18. 52
  19. 12
  20. 60
  21. 1920
  22. 377
  23. 1680
  24. 5184
  25. 60
  26. 9752
  27. 40
  28. 5310
  29. 90
  30. 770
  31. 2576
  32. 760
  33. 10395
  34. 50
  35. 40
  36. 10
  37. 36
  38. 3060
  39. 11205
  40. 1560

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