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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 31 · 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 cricket kit costs ₹1300. It is sold at a 15% profit. What is the selling price (in ₹)?
  2. 2.What is the simple interest on ₹4700 at 9% per year for 4 years (in ₹)?
  3. 3.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹650. What is the profit (in ₹)?
  4. 4.What is 75% of 480?
  5. 5.What is the amount (principal + simple interest) on ₹5900 at 12% per year for 3 years (in ₹)?
  6. 6.A cricket kit bought for ₹1200 is sold for ₹1560. What is the profit per cent?
  7. 7.A sewing machine bought for ₹1300 is sold for ₹1820. What is the profit per cent?
  8. 8.A shopkeeper buys a watch for ₹350 and sells it for ₹330. What is the loss (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹6300 at 3% per year for 1 year (in ₹)?
  10. 10.A fan costs ₹800. It is sold at a 30% loss. What is the selling price (in ₹)?
  11. 11.What is the simple interest on ₹3900 at 11% per year for 2 years (in ₹)?
  12. 12.What is the simple interest on ₹2300 at 4% per year for 5 years (in ₹)?
  13. 13.The price of a school bag changed from ₹25 to ₹5. What is the percentage decrease?
  14. 14.A table bought for ₹1800 is sold for ₹2340. What is the profit per cent?
  15. 15.The price of a bus pass changed from ₹80 to ₹84. What is the percentage increase?
  16. 16.What is 60% of 900?
  17. 17.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹900. What is the profit (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹5700 at 12% per year for 4 years (in ₹)?
  19. 19.A cooler costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a table for ₹2700 and sells it for ₹2820. What is the profit (in ₹)?
  21. 21.A cycle bought for ₹1000 is sold for ₹800. What is the loss per cent?
  22. 22.A shopkeeper buys a cycle for ₹550 and sells it for ₹280. What is the loss (in ₹)?
  23. 23.The price of a bus pass changed from ₹100 to ₹180. What is the percentage increase?
  24. 24.A sewing machine costs ₹1200. It is sold at a 15% loss. What is the selling price (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹8900 at 4% per year for 2 years (in ₹)?
  26. 26.A fan bought for ₹3100 is sold for ₹3255. What is the profit per cent?
  27. 27.What is 75% of 300?
  28. 28.A shopkeeper buys a sewing machine for ₹2700 and sells it for ₹2940. What is the profit (in ₹)?
  29. 29.What is 45% of 760?
  30. 30.What is the amount (principal + simple interest) on ₹4400 at 6% per year for 1 year (in ₹)?
  31. 31.What is 45% of 540?
  32. 32.What is the amount (principal + simple interest) on ₹8700 at 7% per year for 5 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹4800 at 8% per year for 2 years (in ₹)?
  34. 34.A cricket kit bought for ₹3900 is sold for ₹4485. What is the profit per cent?
  35. 35.A watch costs ₹2900. It is sold at a 15% loss. What is the selling price (in ₹)?
  36. 36.What is 40% of 680?
  37. 37.What is the simple interest on ₹3100 at 7% per year for 1 year (in ₹)?
  38. 38.A cycle bought for ₹3300 is sold for ₹2904. What is the loss per cent?
  39. 39.A mobile phone costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
  40. 40.A cricket kit costs ₹3300. It is sold at a 10% profit. What is the selling price (in ₹)?

Answer key

  1. 1495
  2. 1692
  3. 50
  4. 360
  5. 8024
  6. 30
  7. 40
  8. 20
  9. 6489
  10. 560
  11. 858
  12. 460
  13. 80
  14. 30
  15. 5
  16. 540
  17. 300
  18. 8436
  19. 1710
  20. 120
  21. 20
  22. 270
  23. 80
  24. 1020
  25. 9612
  26. 5
  27. 225
  28. 240
  29. 342
  30. 4664
  31. 243
  32. 11745
  33. 5568
  34. 15
  35. 2465
  36. 272
  37. 217
  38. 12
  39. 1050
  40. 3630

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