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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 275 · 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 watch bought for ₹1500 is sold for ₹1650. What is the profit per cent?
  2. 2.What is the amount (principal + simple interest) on ₹7100 at 11% per year for 2 years (in ₹)?
  3. 3.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹1110. What is the profit (in ₹)?
  4. 4.A cricket kit bought for ₹1600 is sold for ₹1680. What is the profit per cent?
  5. 5.What is the amount (principal + simple interest) on ₹3100 at 9% per year for 1 year (in ₹)?
  6. 6.The price of a bus pass changed from ₹250 to ₹350. What is the percentage increase?
  7. 7.What is the simple interest on ₹3600 at 5% per year for 3 years (in ₹)?
  8. 8.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1910. What is the profit (in ₹)?
  9. 9.What is the simple interest on ₹1700 at 3% per year for 3 years (in ₹)?
  10. 10.What is the simple interest on ₹2900 at 7% per year for 4 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹8900 at 11% per year for 5 years (in ₹)?
  12. 12.What is 60% of 420?
  13. 13.What is 10% of 780?
  14. 14.What is the simple interest on ₹3900 at 3% per year for 2 years (in ₹)?
  15. 15.A table bought for ₹4000 is sold for ₹3600. What is the loss per cent?
  16. 16.What is 35% of 880?
  17. 17.A fan bought for ₹4000 is sold for ₹5600. What is the profit per cent?
  18. 18.A shopkeeper buys a cycle for ₹850 and sells it for ₹1140. What is the profit (in ₹)?
  19. 19.A cooler bought for ₹2900 is sold for ₹2175. What is the loss per cent?
  20. 20.The price of a school bag changed from ₹80 to ₹104. What is the percentage increase?
  21. 21.What is the simple interest on ₹1400 at 9% per year for 5 years (in ₹)?
  22. 22.A cycle bought for ₹3500 is sold for ₹3080. What is the loss per cent?
  23. 23.A cycle bought for ₹1500 is sold for ₹2100. What is the profit per cent?
  24. 24.A cooler bought for ₹1500 is sold for ₹1575. What is the profit per cent?
  25. 25.What is the amount (principal + simple interest) on ₹5500 at 3% per year for 2 years (in ₹)?
  26. 26.A shopkeeper buys a watch for ₹2600 and sells it for ₹2820. What is the profit (in ₹)?
  27. 27.A cycle bought for ₹1900 is sold for ₹1140. What is the loss per cent?
  28. 28.The price of a pair of shoes changed from ₹25 to ₹35. What is the percentage increase?
  29. 29.A watch costs ₹500. It is sold at a 20% profit. What is the selling price (in ₹)?
  30. 30.A sewing machine costs ₹2100. It is sold at a 40% loss. What is the selling price (in ₹)?
  31. 31.The price of a box of mangoes changed from ₹25 to ₹20. What is the percentage decrease?
  32. 32.What is the amount (principal + simple interest) on ₹1000 at 2% per year for 5 years (in ₹)?
  33. 33.The price of a cricket ball changed from ₹50 to ₹95. What is the percentage increase?
  34. 34.What is 20% of 40?
  35. 35.What is 15% of 340?
  36. 36.The price of a pair of shoes changed from ₹500 to ₹125. What is the percentage decrease?
  37. 37.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2090. What is the profit (in ₹)?
  38. 38.What is 10% of 800?
  39. 39.A fan bought for ₹600 is sold for ₹720. What is the profit per cent?
  40. 40.A fan bought for ₹2600 is sold for ₹3640. What is the profit per cent?

Answer key

  1. 10
  2. 8662
  3. 60
  4. 5
  5. 3379
  6. 40
  7. 540
  8. 260
  9. 153
  10. 812
  11. 13795
  12. 252
  13. 78
  14. 234
  15. 10
  16. 308
  17. 40
  18. 290
  19. 25
  20. 30
  21. 630
  22. 12
  23. 40
  24. 5
  25. 5830
  26. 220
  27. 40
  28. 40
  29. 600
  30. 1260
  31. 20
  32. 1100
  33. 90
  34. 8
  35. 51
  36. 75
  37. 140
  38. 80
  39. 20
  40. 40

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