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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 262 · 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 cycle bought for ₹3600 is sold for ₹4032. What is the profit per cent?
  2. 2.The price of a school bag changed from ₹250 to ₹325. What is the percentage increase?
  3. 3.What is 75% of 480?
  4. 4.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1680. What is the profit (in ₹)?
  5. 5.A cycle costs ₹2900. It is sold at a 15% loss. What is the selling price (in ₹)?
  6. 6.A mobile phone bought for ₹2000 is sold for ₹3000. What is the profit per cent?
  7. 7.A shopkeeper buys a table for ₹2300 and sells it for ₹2430. What is the profit (in ₹)?
  8. 8.A cooler bought for ₹2400 is sold for ₹2880. What is the profit per cent?
  9. 9.The price of a box of mangoes changed from ₹100 to ₹190. What is the percentage increase?
  10. 10.The price of a cricket ball changed from ₹200 to ₹250. What is the percentage increase?
  11. 11.A shopkeeper buys a cooler for ₹1150 and sells it for ₹1180. What is the profit (in ₹)?
  12. 12.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1630. What is the profit (in ₹)?
  13. 13.A cycle bought for ₹4000 is sold for ₹4400. What is the profit per cent?
  14. 14.What is 15% of 120?
  15. 15.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹2910. What is the profit (in ₹)?
  16. 16.What is 40% of 60?
  17. 17.What is the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
  18. 18.What is the simple interest on ₹7700 at 7% per year for 3 years (in ₹)?
  19. 19.A mobile phone bought for ₹3400 is sold for ₹4420. What is the profit per cent?
  20. 20.What is the amount (principal + simple interest) on ₹2900 at 7% per year for 5 years (in ₹)?
  21. 21.A watch costs ₹300. It is sold at a 20% loss. What is the selling price (in ₹)?
  22. 22.The price of a cricket ball changed from ₹25 to ₹35. What is the percentage increase?
  23. 23.A shopkeeper buys a watch for ₹1050 and sells it for ₹1120. What is the profit (in ₹)?
  24. 24.What is the simple interest on ₹1000 at 4% per year for 4 years (in ₹)?
  25. 25.What is 65% of 340?
  26. 26.What is 45% of 480?
  27. 27.The price of a water bottle changed from ₹200 to ₹140. What is the percentage decrease?
  28. 28.The price of a box of mangoes changed from ₹40 to ₹64. What is the percentage increase?
  29. 29.What is 40% of 940?
  30. 30.The price of a water bottle changed from ₹80 to ₹140. What is the percentage increase?
  31. 31.What is 60% of 820?
  32. 32.A cycle costs ₹3000. It is sold at a 40% profit. What is the selling price (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹3800 at 3% per year for 2 years (in ₹)?
  34. 34.What is 95% of 120?
  35. 35.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2630. What is the profit (in ₹)?
  36. 36.What is 5% of 60?
  37. 37.The price of a bus pass changed from ₹50 to ₹10. What is the percentage decrease?
  38. 38.What is the amount (principal + simple interest) on ₹1200 at 11% per year for 4 years (in ₹)?
  39. 39.A sewing machine bought for ₹300 is sold for ₹375. What is the profit per cent?
  40. 40.What is 80% of 180?

Answer key

  1. 12
  2. 30
  3. 360
  4. 280
  5. 2465
  6. 50
  7. 130
  8. 20
  9. 90
  10. 25
  11. 30
  12. 30
  13. 10
  14. 18
  15. 60
  16. 24
  17. 400
  18. 1617
  19. 30
  20. 3915
  21. 240
  22. 40
  23. 70
  24. 160
  25. 221
  26. 216
  27. 30
  28. 60
  29. 376
  30. 75
  31. 492
  32. 4200
  33. 4028
  34. 114
  35. 280
  36. 3
  37. 80
  38. 1728
  39. 25
  40. 144

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