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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 27 · 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 costs ₹600. It is sold at a 20% profit. What is the selling price (in ₹)?
  2. 2.A cycle bought for ₹3600 is sold for ₹4140. What is the profit per cent?
  3. 3.What is 75% of 400?
  4. 4.A shopkeeper buys a cooler for ₹2650 and sells it for ₹2530. What is the loss (in ₹)?
  5. 5.What is the simple interest on ₹8400 at 2% per year for 1 year (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹10000 at 7% per year for 3 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹1700 at 9% per year for 3 years (in ₹)?
  8. 8.The price of a bus pass changed from ₹40 to ₹28. What is the percentage decrease?
  9. 9.The price of a water bottle changed from ₹500 to ₹525. What is the percentage increase?
  10. 10.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1400. What is the loss (in ₹)?
  11. 11.What is the simple interest on ₹1600 at 4% per year for 3 years (in ₹)?
  12. 12.A cricket kit costs ₹3500. It is sold at a 5% profit. What is the selling price (in ₹)?
  13. 13.A cycle bought for ₹3300 is sold for ₹3465. What is the profit per cent?
  14. 14.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
  15. 15.A mobile phone bought for ₹800 is sold for ₹720. What is the loss per cent?
  16. 16.What is the amount (principal + simple interest) on ₹8800 at 2% per year for 5 years (in ₹)?
  17. 17.What is 70% of 400?
  18. 18.The price of a water bottle changed from ₹100 to ₹20. What is the percentage decrease?
  19. 19.What is 15% of 460?
  20. 20.A shopkeeper buys a cooler for ₹2050 and sells it for ₹1770. What is the loss (in ₹)?
  21. 21.What is 35% of 60?
  22. 22.What is 95% of 300?
  23. 23.What is the amount (principal + simple interest) on ₹1700 at 12% per year for 1 year (in ₹)?
  24. 24.A cycle bought for ₹2900 is sold for ₹2552. What is the loss per cent?
  25. 25.The price of a school bag changed from ₹20 to ₹18. What is the percentage decrease?
  26. 26.A shopkeeper buys a fan for ₹1350 and sells it for ₹1200. What is the loss (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹1400 at 9% per year for 1 year (in ₹)?
  28. 28.A cycle bought for ₹1000 is sold for ₹500. What is the loss per cent?
  29. 29.The price of a school bag changed from ₹100 to ₹20. What is the percentage decrease?
  30. 30.What is the amount (principal + simple interest) on ₹8300 at 6% per year for 2 years (in ₹)?
  31. 31.What is the simple interest on ₹1300 at 2% per year for 4 years (in ₹)?
  32. 32.What is the simple interest on ₹9400 at 9% per year for 2 years (in ₹)?
  33. 33.What is 15% of 540?
  34. 34.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 3 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹2800 at 2% per year for 1 year (in ₹)?
  36. 36.A mobile phone costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹8400 at 10% per year for 3 years (in ₹)?
  38. 38.What is 60% of 180?
  39. 39.What is 10% of 140?
  40. 40.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹750. What is the profit (in ₹)?

Answer key

  1. 720
  2. 15
  3. 300
  4. 120
  5. 168
  6. 12100
  7. 2159
  8. 30
  9. 5
  10. 100
  11. 192
  12. 3675
  13. 5
  14. 20
  15. 10
  16. 9680
  17. 280
  18. 80
  19. 69
  20. 280
  21. 21
  22. 285
  23. 1904
  24. 12
  25. 10
  26. 150
  27. 1526
  28. 50
  29. 80
  30. 9296
  31. 104
  32. 1692
  33. 81
  34. 9576
  35. 2856
  36. 935
  37. 10920
  38. 108
  39. 14
  40. 250

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