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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 277 · 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 mobile phone bought for ₹3500 is sold for ₹3080. What is the loss per cent?
  2. 2.What is 30% of 40?
  3. 3.A watch bought for ₹1300 is sold for ₹1560. What is the profit per cent?
  4. 4.What is the amount (principal + simple interest) on ₹2200 at 9% per year for 4 years (in ₹)?
  5. 5.A cycle costs ₹2300. It is sold at a 25% profit. What is the selling price (in ₹)?
  6. 6.A sewing machine bought for ₹1000 is sold for ₹750. What is the loss per cent?
  7. 7.What is the simple interest on ₹7700 at 4% per year for 4 years (in ₹)?
  8. 8.The price of a school bag changed from ₹250 to ₹475. What is the percentage increase?
  9. 9.What is the simple interest on ₹3300 at 3% per year for 2 years (in ₹)?
  10. 10.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2470. What is the loss (in ₹)?
  11. 11.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1500. What is the loss (in ₹)?
  12. 12.The price of a school bag changed from ₹50 to ₹10. What is the percentage decrease?
  13. 13.What is the amount (principal + simple interest) on ₹6400 at 4% per year for 5 years (in ₹)?
  14. 14.What is 5% of 180?
  15. 15.A shopkeeper buys a watch for ₹650 and sells it for ₹740. What is the profit (in ₹)?
  16. 16.What is the simple interest on ₹3100 at 3% per year for 1 year (in ₹)?
  17. 17.What is the simple interest on ₹8700 at 9% per year for 1 year (in ₹)?
  18. 18.The price of a pair of shoes changed from ₹100 to ₹50. What is the percentage decrease?
  19. 19.What is the simple interest on ₹8100 at 10% per year for 4 years (in ₹)?
  20. 20.The price of a cricket ball changed from ₹20 to ₹15. What is the percentage decrease?
  21. 21.What is 80% of 180?
  22. 22.What is 45% of 960?
  23. 23.The price of a bus pass changed from ₹20 to ₹24. What is the percentage increase?
  24. 24.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2780. What is the profit (in ₹)?
  25. 25.The price of a school bag changed from ₹400 to ₹392. What is the percentage decrease?
  26. 26.What is the amount (principal + simple interest) on ₹8300 at 10% per year for 3 years (in ₹)?
  27. 27.The price of a school bag changed from ₹500 to ₹400. What is the percentage decrease?
  28. 28.The price of a water bottle changed from ₹80 to ₹120. What is the percentage increase?
  29. 29.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1940. What is the profit (in ₹)?
  30. 30.A mobile phone costs ₹700. It is sold at a 40% profit. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹6300 at 5% per year for 4 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹1100 at 8% per year for 1 year (in ₹)?
  33. 33.What is the simple interest on ₹1800 at 5% per year for 1 year (in ₹)?
  34. 34.A cycle costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
  35. 35.A cycle bought for ₹1200 is sold for ₹1500. What is the profit per cent?
  36. 36.What is the simple interest on ₹6000 at 6% per year for 5 years (in ₹)?
  37. 37.What is the simple interest on ₹8000 at 10% per year for 2 years (in ₹)?
  38. 38.The price of a school bag changed from ₹80 to ₹104. What is the percentage increase?
  39. 39.What is 20% of 680?
  40. 40.What is the amount (principal + simple interest) on ₹4900 at 2% per year for 2 years (in ₹)?

Answer key

  1. 12
  2. 12
  3. 20
  4. 2992
  5. 2875
  6. 25
  7. 1232
  8. 90
  9. 198
  10. 80
  11. 100
  12. 80
  13. 7680
  14. 9
  15. 90
  16. 93
  17. 783
  18. 50
  19. 3240
  20. 25
  21. 144
  22. 432
  23. 20
  24. 80
  25. 2
  26. 10790
  27. 20
  28. 50
  29. 40
  30. 980
  31. 1260
  32. 1188
  33. 90
  34. 3360
  35. 25
  36. 1800
  37. 1600
  38. 30
  39. 136
  40. 5096

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