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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 283 · 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 fan costs ₹2900. It is sold at a 50% loss. What is the selling price (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹6600 at 3% per year for 3 years (in ₹)?
  3. 3.A cycle bought for ₹1600 is sold for ₹1760. What is the profit per cent?
  4. 4.What is 90% of 580?
  5. 5.What is 90% of 440?
  6. 6.The price of a school bag changed from ₹80 to ₹140. What is the percentage increase?
  7. 7.A shopkeeper buys a watch for ₹450 and sells it for ₹440. What is the loss (in ₹)?
  8. 8.A watch bought for ₹2200 is sold for ₹1650. What is the loss per cent?
  9. 9.What is the amount (principal + simple interest) on ₹9600 at 12% per year for 2 years (in ₹)?
  10. 10.What is 10% of 580?
  11. 11.A shopkeeper buys a cycle for ₹650 and sells it for ₹390. What is the loss (in ₹)?
  12. 12.A fan bought for ₹800 is sold for ₹1040. What is the profit per cent?
  13. 13.A fan costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a table for ₹1000 and sells it for ₹970. What is the loss (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹5300 at 5% per year for 4 years (in ₹)?
  16. 16.What is the simple interest on ₹7400 at 4% per year for 1 year (in ₹)?
  17. 17.The price of a cricket ball changed from ₹20 to ₹24. What is the percentage increase?
  18. 18.What is the amount (principal + simple interest) on ₹8700 at 7% per year for 2 years (in ₹)?
  19. 19.A cricket kit bought for ₹2800 is sold for ₹2940. What is the profit per cent?
  20. 20.What is the simple interest on ₹9300 at 10% per year for 2 years (in ₹)?
  21. 21.A watch costs ₹1900. It is sold at a 12% profit. What is the selling price (in ₹)?
  22. 22.A cricket kit costs ₹2600. It is sold at a 15% loss. What is the selling price (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹1300 at 10% per year for 4 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹3800 at 6% per year for 4 years (in ₹)?
  25. 25.A table costs ₹3300. It is sold at a 40% profit. What is the selling price (in ₹)?
  26. 26.What is 5% of 900?
  27. 27.The price of a pair of shoes changed from ₹200 to ₹250. What is the percentage increase?
  28. 28.What is the simple interest on ₹7300 at 3% per year for 2 years (in ₹)?
  29. 29.A sewing machine bought for ₹2000 is sold for ₹1600. What is the loss per cent?
  30. 30.What is the simple interest on ₹8500 at 4% per year for 3 years (in ₹)?
  31. 31.A shopkeeper buys a fan for ₹200 and sells it for ₹90. What is the loss (in ₹)?
  32. 32.A mobile phone costs ₹1900. It is sold at a 12% profit. What is the selling price (in ₹)?
  33. 33.A cooler costs ₹3400. It is sold at a 15% loss. What is the selling price (in ₹)?
  34. 34.What is 65% of 100?
  35. 35.The price of a school bag changed from ₹100 to ₹120. What is the percentage increase?
  36. 36.What is 70% of 300?
  37. 37.The price of a pair of shoes changed from ₹100 to ₹105. What is the percentage increase?
  38. 38.A shopkeeper buys a table for ₹2500 and sells it for ₹2520. What is the profit (in ₹)?
  39. 39.What is 90% of 620?
  40. 40.The price of a bus pass changed from ₹80 to ₹20. What is the percentage decrease?

Answer key

  1. 1450
  2. 7194
  3. 10
  4. 522
  5. 396
  6. 75
  7. 10
  8. 25
  9. 11904
  10. 58
  11. 260
  12. 30
  13. 3190
  14. 30
  15. 6360
  16. 296
  17. 20
  18. 9918
  19. 5
  20. 1860
  21. 2128
  22. 2210
  23. 1820
  24. 4712
  25. 4620
  26. 45
  27. 25
  28. 438
  29. 20
  30. 1020
  31. 110
  32. 2128
  33. 2890
  34. 65
  35. 20
  36. 210
  37. 5
  38. 20
  39. 558
  40. 75

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