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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 306 · 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 ₹500 is sold for ₹750. What is the profit per cent?
  2. 2.What is the simple interest on ₹7200 at 11% per year for 4 years (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹3300 at 12% per year for 5 years (in ₹)?
  4. 4.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1930. What is the profit (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹7300 at 3% per year for 3 years (in ₹)?
  6. 6.What is the simple interest on ₹1500 at 9% per year for 2 years (in ₹)?
  7. 7.A shopkeeper buys a cycle for ₹2250 and sells it for ₹2270. What is the profit (in ₹)?
  8. 8.A cooler bought for ₹2600 is sold for ₹2730. What is the profit per cent?
  9. 9.What is the simple interest on ₹9100 at 9% per year for 4 years (in ₹)?
  10. 10.What is the simple interest on ₹8900 at 12% per year for 2 years (in ₹)?
  11. 11.A cycle bought for ₹3100 is sold for ₹3255. What is the profit per cent?
  12. 12.A cycle bought for ₹800 is sold for ₹600. What is the loss per cent?
  13. 13.A mobile phone costs ₹300. It is sold at a 12% profit. What is the selling price (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹2200 at 12% per year for 5 years (in ₹)?
  15. 15.What is the simple interest on ₹3400 at 3% per year for 1 year (in ₹)?
  16. 16.What is 35% of 880?
  17. 17.What is the amount (principal + simple interest) on ₹500 at 6% per year for 1 year (in ₹)?
  18. 18.What is 85% of 760?
  19. 19.What is the simple interest on ₹8100 at 11% per year for 3 years (in ₹)?
  20. 20.A watch bought for ₹900 is sold for ₹450. What is the loss per cent?
  21. 21.A watch costs ₹3800. It is sold at a 5% loss. What is the selling price (in ₹)?
  22. 22.What is 55% of 220?
  23. 23.The price of a box of mangoes changed from ₹40 to ₹10. What is the percentage decrease?
  24. 24.What is 10% of 360?
  25. 25.A sewing machine bought for ₹1000 is sold for ₹1200. What is the profit per cent?
  26. 26.A mobile phone bought for ₹700 is sold for ₹910. What is the profit per cent?
  27. 27.What is the amount (principal + simple interest) on ₹3400 at 3% per year for 4 years (in ₹)?
  28. 28.A shopkeeper buys a sewing machine for ₹1450 and sells it for ₹1250. What is the loss (in ₹)?
  29. 29.What is the simple interest on ₹4600 at 7% per year for 1 year (in ₹)?
  30. 30.The price of a pair of shoes changed from ₹400 to ₹480. What is the percentage increase?
  31. 31.What is the amount (principal + simple interest) on ₹9100 at 7% per year for 1 year (in ₹)?
  32. 32.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1490. What is the profit (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹2700 at 7% per year for 1 year (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹9500 at 10% per year for 1 year (in ₹)?
  35. 35.What is 15% of 360?
  36. 36.What is 5% of 220?
  37. 37.A shopkeeper buys a fan for ₹2450 and sells it for ₹2210. What is the loss (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹4600 at 10% per year for 4 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹6200 at 12% per year for 3 years (in ₹)?
  40. 40.A mobile phone bought for ₹700 is sold for ₹875. What is the profit per cent?

Answer key

  1. 50
  2. 3168
  3. 5280
  4. 180
  5. 7957
  6. 270
  7. 20
  8. 5
  9. 3276
  10. 2136
  11. 5
  12. 25
  13. 336
  14. 3520
  15. 102
  16. 308
  17. 530
  18. 646
  19. 2673
  20. 50
  21. 3610
  22. 121
  23. 75
  24. 36
  25. 20
  26. 30
  27. 3808
  28. 200
  29. 322
  30. 20
  31. 9737
  32. 40
  33. 2889
  34. 10450
  35. 54
  36. 11
  37. 240
  38. 6440
  39. 8432
  40. 25

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