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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 313 · 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 cycle costs ₹2200. It is sold at a 5% profit. What is the selling price (in ₹)?
  2. 2.What is 95% of 980?
  3. 3.The price of a school bag changed from ₹25 to ₹40. What is the percentage increase?
  4. 4.The price of a pair of shoes changed from ₹50 to ₹70. What is the percentage increase?
  5. 5.The price of a box of mangoes changed from ₹40 to ₹30. What is the percentage decrease?
  6. 6.A table costs ₹3800. It is sold at a 20% loss. What is the selling price (in ₹)?
  7. 7.A cycle costs ₹1600. It is sold at a 30% loss. What is the selling price (in ₹)?
  8. 8.What is 35% of 280?
  9. 9.A mobile phone costs ₹3700. It is sold at a 30% loss. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹5500 at 10% per year for 2 years (in ₹)?
  11. 11.A mobile phone bought for ₹2900 is sold for ₹3248. What is the profit per cent?
  12. 12.What is the simple interest on ₹5300 at 2% per year for 2 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹3900 at 9% per year for 2 years (in ₹)?
  14. 14.What is 70% of 520?
  15. 15.What is the simple interest on ₹5300 at 8% per year for 4 years (in ₹)?
  16. 16.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
  17. 17.A shopkeeper buys a cricket kit for ₹2750 and sells it for ₹3020. What is the profit (in ₹)?
  18. 18.A shopkeeper buys a fan for ₹350 and sells it for ₹400. What is the profit (in ₹)?
  19. 19.What is the simple interest on ₹9400 at 2% per year for 1 year (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹6800 at 12% per year for 5 years (in ₹)?
  21. 21.What is the simple interest on ₹9200 at 10% per year for 5 years (in ₹)?
  22. 22.A watch costs ₹900. It is sold at a 10% loss. What is the selling price (in ₹)?
  23. 23.A shopkeeper buys a fan for ₹700 and sells it for ₹850. What is the profit (in ₹)?
  24. 24.What is the simple interest on ₹6300 at 4% per year for 1 year (in ₹)?
  25. 25.What is 95% of 460?
  26. 26.What is 85% of 940?
  27. 27.What is 85% of 920?
  28. 28.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 1 year (in ₹)?
  29. 29.A mobile phone bought for ₹3000 is sold for ₹3360. What is the profit per cent?
  30. 30.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2360. What is the loss (in ₹)?
  31. 31.The price of a cricket ball changed from ₹20 to ₹25. What is the percentage increase?
  32. 32.What is the amount (principal + simple interest) on ₹8200 at 2% per year for 3 years (in ₹)?
  33. 33.A cooler costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
  34. 34.What is 40% of 700?
  35. 35.A cricket kit costs ₹1200. It is sold at a 20% loss. What is the selling price (in ₹)?
  36. 36.What is 95% of 440?
  37. 37.A fan costs ₹1200. It is sold at a 12% loss. What is the selling price (in ₹)?
  38. 38.What is 45% of 280?
  39. 39.The price of a pair of shoes changed from ₹100 to ₹160. What is the percentage increase?
  40. 40.The price of a pair of shoes changed from ₹500 to ₹700. What is the percentage increase?

Answer key

  1. 2310
  2. 931
  3. 60
  4. 40
  5. 25
  6. 3040
  7. 1120
  8. 98
  9. 2590
  10. 6600
  11. 12
  12. 212
  13. 4602
  14. 364
  15. 1696
  16. 40
  17. 270
  18. 50
  19. 188
  20. 10880
  21. 4600
  22. 810
  23. 150
  24. 252
  25. 437
  26. 799
  27. 782
  28. 2835
  29. 12
  30. 90
  31. 25
  32. 8692
  33. 448
  34. 280
  35. 960
  36. 418
  37. 1056
  38. 126
  39. 60
  40. 40

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