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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 300 · 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 shopkeeper buys a watch for ₹1400 and sells it for ₹1160. What is the loss (in ₹)?
  2. 2.What is 70% of 220?
  3. 3.A fan bought for ₹2500 is sold for ₹1750. What is the loss per cent?
  4. 4.What is the amount (principal + simple interest) on ₹4800 at 7% per year for 2 years (in ₹)?
  5. 5.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2350. What is the loss (in ₹)?
  6. 6.A fan bought for ₹3300 is sold for ₹3465. What is the profit per cent?
  7. 7.What is 55% of 820?
  8. 8.What is the amount (principal + simple interest) on ₹7600 at 5% per year for 1 year (in ₹)?
  9. 9.A sewing machine costs ₹1700. It is sold at a 25% profit. What is the selling price (in ₹)?
  10. 10.A cricket kit costs ₹2700. It is sold at a 15% loss. What is the selling price (in ₹)?
  11. 11.A cricket kit costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
  12. 12.What is 75% of 160?
  13. 13.What is the amount (principal + simple interest) on ₹4400 at 12% per year for 4 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹500 at 7% per year for 1 year (in ₹)?
  15. 15.What is 90% of 700?
  16. 16.What is the amount (principal + simple interest) on ₹4300 at 8% per year for 4 years (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹700 at 9% per year for 4 years (in ₹)?
  18. 18.What is 65% of 480?
  19. 19.What is 40% of 620?
  20. 20.A cycle bought for ₹300 is sold for ₹180. What is the loss per cent?
  21. 21.What is the amount (principal + simple interest) on ₹9500 at 11% per year for 5 years (in ₹)?
  22. 22.A sewing machine bought for ₹2300 is sold for ₹1840. What is the loss per cent?
  23. 23.What is 25% of 640?
  24. 24.The price of a water bottle changed from ₹400 to ₹480. What is the percentage increase?
  25. 25.What is the amount (principal + simple interest) on ₹4000 at 4% per year for 1 year (in ₹)?
  26. 26.What is 65% of 660?
  27. 27.What is 5% of 780?
  28. 28.What is the amount (principal + simple interest) on ₹9200 at 6% per year for 2 years (in ₹)?
  29. 29.A sewing machine bought for ₹2200 is sold for ₹2090. What is the loss per cent?
  30. 30.A sewing machine bought for ₹700 is sold for ₹840. What is the profit per cent?
  31. 31.What is the amount (principal + simple interest) on ₹6200 at 5% per year for 2 years (in ₹)?
  32. 32.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹1140. What is the profit (in ₹)?
  33. 33.A fan bought for ₹400 is sold for ₹440. What is the profit per cent?
  34. 34.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹250. What is the profit (in ₹)?
  35. 35.A shopkeeper buys a watch for ₹750 and sells it for ₹810. What is the profit (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹9700 at 7% per year for 1 year (in ₹)?
  37. 37.A cycle bought for ₹3900 is sold for ₹1950. What is the loss per cent?
  38. 38.What is 25% of 680?
  39. 39.What is 30% of 840?
  40. 40.What is the simple interest on ₹4700 at 6% per year for 4 years (in ₹)?

Answer key

  1. 240
  2. 154
  3. 30
  4. 5472
  5. 200
  6. 5
  7. 451
  8. 7980
  9. 2125
  10. 2295
  11. 3190
  12. 120
  13. 6512
  14. 535
  15. 630
  16. 5676
  17. 952
  18. 312
  19. 248
  20. 40
  21. 14725
  22. 20
  23. 160
  24. 20
  25. 4160
  26. 429
  27. 39
  28. 10304
  29. 5
  30. 20
  31. 6820
  32. 140
  33. 10
  34. 50
  35. 60
  36. 10379
  37. 50
  38. 170
  39. 252
  40. 1128

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