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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 315 · 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 watch costs ₹600. It is sold at a 15% profit. What is the selling price (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹5100 at 3% per year for 1 year (in ₹)?
  3. 3.What is 40% of 640?
  4. 4.What is 60% of 220?
  5. 5.What is the simple interest on ₹7000 at 3% per year for 2 years (in ₹)?
  6. 6.A fan costs ₹1900. It is sold at a 20% profit. What is the selling price (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 4 years (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹6300 at 8% per year for 2 years (in ₹)?
  9. 9.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹290. What is the loss (in ₹)?
  10. 10.A shopkeeper buys a watch for ₹1350 and sells it for ₹1110. What is the loss (in ₹)?
  11. 11.What is 35% of 860?
  12. 12.The price of a bus pass changed from ₹400 to ₹560. What is the percentage increase?
  13. 13.The price of a box of mangoes changed from ₹25 to ₹30. What is the percentage increase?
  14. 14.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹60. What is the loss (in ₹)?
  15. 15.What is the simple interest on ₹8100 at 5% per year for 2 years (in ₹)?
  16. 16.A watch bought for ₹2800 is sold for ₹3640. What is the profit per cent?
  17. 17.A watch bought for ₹200 is sold for ₹250. What is the profit per cent?
  18. 18.A mobile phone costs ₹200. It is sold at a 30% profit. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1520. What is the profit (in ₹)?
  20. 20.What is the simple interest on ₹8400 at 12% per year for 3 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹9900 at 7% per year for 1 year (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹2900 at 5% per year for 3 years (in ₹)?
  23. 23.What is 95% of 40?
  24. 24.What is the amount (principal + simple interest) on ₹8400 at 11% per year for 3 years (in ₹)?
  25. 25.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
  26. 26.The price of a cricket ball changed from ₹500 to ₹650. What is the percentage increase?
  27. 27.What is 30% of 440?
  28. 28.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2720. What is the profit (in ₹)?
  29. 29.A shopkeeper buys a table for ₹2800 and sells it for ₹2770. What is the loss (in ₹)?
  30. 30.The price of a water bottle changed from ₹50 to ₹75. What is the percentage increase?
  31. 31.What is the simple interest on ₹5900 at 7% per year for 4 years (in ₹)?
  32. 32.The price of a pair of shoes changed from ₹50 to ₹60. What is the percentage increase?
  33. 33.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
  34. 34.What is 30% of 240?
  35. 35.What is the simple interest on ₹900 at 6% per year for 5 years (in ₹)?
  36. 36.A watch costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
  37. 37.What is 85% of 860?
  38. 38.The price of a cricket ball changed from ₹20 to ₹12. What is the percentage decrease?
  39. 39.What is 45% of 580?
  40. 40.A table bought for ₹300 is sold for ₹285. What is the loss per cent?

Answer key

  1. 690
  2. 5253
  3. 256
  4. 132
  5. 420
  6. 2280
  7. 10208
  8. 7308
  9. 160
  10. 240
  11. 301
  12. 40
  13. 20
  14. 290
  15. 810
  16. 30
  17. 25
  18. 260
  19. 220
  20. 3024
  21. 10593
  22. 3335
  23. 38
  24. 11172
  25. 20
  26. 30
  27. 132
  28. 20
  29. 30
  30. 50
  31. 1652
  32. 20
  33. 80
  34. 72
  35. 270
  36. 3150
  37. 731
  38. 40
  39. 261
  40. 5

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