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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 294 · 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 cooler bought for ₹600 is sold for ₹750. What is the profit per cent?
  2. 2.A sewing machine costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹7200 at 4% per year for 2 years (in ₹)?
  4. 4.The price of a water bottle changed from ₹250 to ₹245. What is the percentage decrease?
  5. 5.What is 35% of 640?
  6. 6.A watch bought for ₹1900 is sold for ₹1520. What is the loss per cent?
  7. 7.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹420. What is the profit (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹3600 at 10% per year for 1 year (in ₹)?
  9. 9.A fan bought for ₹3500 is sold for ₹3150. What is the loss per cent?
  10. 10.What is the simple interest on ₹6800 at 9% per year for 1 year (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹1600 at 12% per year for 1 year (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹4200 at 7% per year for 4 years (in ₹)?
  13. 13.The price of a bus pass changed from ₹100 to ₹190. What is the percentage increase?
  14. 14.What is 30% of 840?
  15. 15.A watch costs ₹1300. It is sold at a 20% profit. What is the selling price (in ₹)?
  16. 16.What is 70% of 940?
  17. 17.A cycle costs ₹1300. It is sold at a 50% loss. What is the selling price (in ₹)?
  18. 18.A mobile phone costs ₹2600. It is sold at a 40% profit. What is the selling price (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹9700 at 11% per year for 1 year (in ₹)?
  20. 20.What is 40% of 120?
  21. 21.A table bought for ₹600 is sold for ₹300. What is the loss per cent?
  22. 22.A cricket kit costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
  23. 23.What is 15% of 620?
  24. 24.A fan bought for ₹400 is sold for ₹240. What is the loss per cent?
  25. 25.A cricket kit costs ₹2500. It is sold at a 20% loss. What is the selling price (in ₹)?
  26. 26.A watch costs ₹2800. It is sold at a 12% loss. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a cycle for ₹350 and sells it for ₹230. What is the loss (in ₹)?
  28. 28.The price of a cricket ball changed from ₹250 to ₹245. What is the percentage decrease?
  29. 29.A fan costs ₹2400. It is sold at a 30% loss. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1460. What is the profit (in ₹)?
  31. 31.A shopkeeper buys a cooler for ₹2050 and sells it for ₹2070. What is the profit (in ₹)?
  32. 32.A shopkeeper buys a table for ₹3000 and sells it for ₹2780. What is the loss (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹500 at 8% per year for 3 years (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹4600 at 3% per year for 1 year (in ₹)?
  35. 35.What is the simple interest on ₹4300 at 5% per year for 3 years (in ₹)?
  36. 36.What is 95% of 480?
  37. 37.What is the simple interest on ₹1500 at 2% per year for 2 years (in ₹)?
  38. 38.A cycle costs ₹400. It is sold at a 20% profit. What is the selling price (in ₹)?
  39. 39.A mobile phone costs ₹3400. It is sold at a 20% profit. What is the selling price (in ₹)?
  40. 40.A table costs ₹1200. It is sold at a 50% profit. What is the selling price (in ₹)?

Answer key

  1. 25
  2. 5320
  3. 576
  4. 2
  5. 224
  6. 20
  7. 20
  8. 3960
  9. 10
  10. 612
  11. 1792
  12. 5376
  13. 90
  14. 252
  15. 1560
  16. 658
  17. 650
  18. 3640
  19. 10767
  20. 48
  21. 50
  22. 1170
  23. 93
  24. 40
  25. 2000
  26. 2464
  27. 120
  28. 2
  29. 1680
  30. 210
  31. 20
  32. 220
  33. 620
  34. 4738
  35. 645
  36. 456
  37. 60
  38. 480
  39. 4080
  40. 1800

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