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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 250 · 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.

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  1. 1.What is 20% of 380?
  2. 2.A watch costs ₹1000. It is sold at a 30% loss. What is the selling price (in ₹)?
  3. 3.What is 95% of 300?
  4. 4.A mobile phone bought for ₹2500 is sold for ₹2875. What is the profit per cent?
  5. 5.What is the amount (principal + simple interest) on ₹9200 at 2% per year for 3 years (in ₹)?
  6. 6.What is the simple interest on ₹1500 at 11% per year for 4 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹9000 at 7% per year for 1 year (in ₹)?
  8. 8.A fan costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a fan for ₹2900 and sells it for ₹3170. What is the profit (in ₹)?
  10. 10.A table bought for ₹1200 is sold for ₹1056. What is the loss per cent?
  11. 11.The price of a box of mangoes changed from ₹500 to ₹475. What is the percentage decrease?
  12. 12.A shopkeeper buys a fan for ₹2700 and sells it for ₹2960. What is the profit (in ₹)?
  13. 13.A shopkeeper buys a fan for ₹2850 and sells it for ₹2620. What is the loss (in ₹)?
  14. 14.A cycle costs ₹2900. It is sold at a 25% loss. What is the selling price (in ₹)?
  15. 15.What is 5% of 720?
  16. 16.The price of a box of mangoes changed from ₹200 to ₹260. What is the percentage increase?
  17. 17.What is 10% of 840?
  18. 18.What is 30% of 160?
  19. 19.What is the amount (principal + simple interest) on ₹9500 at 7% per year for 3 years (in ₹)?
  20. 20.The price of a pair of shoes changed from ₹100 to ₹150. What is the percentage increase?
  21. 21.What is the simple interest on ₹10000 at 3% per year for 3 years (in ₹)?
  22. 22.What is the simple interest on ₹5900 at 2% per year for 2 years (in ₹)?
  23. 23.What is 20% of 60?
  24. 24.A mobile phone costs ₹3100. It is sold at a 15% profit. What is the selling price (in ₹)?
  25. 25.What is the simple interest on ₹5500 at 7% per year for 1 year (in ₹)?
  26. 26.What is 95% of 400?
  27. 27.What is the simple interest on ₹1800 at 4% per year for 4 years (in ₹)?
  28. 28.What is the simple interest on ₹500 at 4% per year for 4 years (in ₹)?
  29. 29.A shopkeeper buys a cycle for ₹2600 and sells it for ₹2610. What is the profit (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹7800 at 4% per year for 1 year (in ₹)?
  31. 31.A watch bought for ₹2200 is sold for ₹2310. What is the profit per cent?
  32. 32.A cycle costs ₹3900. It is sold at a 15% profit. What is the selling price (in ₹)?
  33. 33.What is 75% of 160?
  34. 34.The price of a pair of shoes changed from ₹200 to ₹80. What is the percentage decrease?
  35. 35.A sewing machine bought for ₹3200 is sold for ₹3360. What is the profit per cent?
  36. 36.The price of a bus pass changed from ₹80 to ₹56. What is the percentage decrease?
  37. 37.What is the amount (principal + simple interest) on ₹4000 at 11% per year for 3 years (in ₹)?
  38. 38.The price of a cricket ball changed from ₹500 to ₹900. What is the percentage increase?
  39. 39.A watch costs ₹2300. It is sold at a 5% profit. What is the selling price (in ₹)?
  40. 40.A mobile phone costs ₹2000. It is sold at a 10% profit. What is the selling price (in ₹)?

Answer key

  1. 76
  2. 700
  3. 285
  4. 15
  5. 9752
  6. 660
  7. 9630
  8. 440
  9. 270
  10. 12
  11. 5
  12. 260
  13. 230
  14. 2175
  15. 36
  16. 30
  17. 84
  18. 48
  19. 11495
  20. 50
  21. 900
  22. 236
  23. 12
  24. 3565
  25. 385
  26. 380
  27. 288
  28. 80
  29. 10
  30. 8112
  31. 5
  32. 4485
  33. 120
  34. 60
  35. 5
  36. 30
  37. 5320
  38. 80
  39. 2415
  40. 2200

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