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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 322 · 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 fan costs ₹800. It is sold at a 15% loss. What is the selling price (in ₹)?
  2. 2.A mobile phone costs ₹3200. It is sold at a 10% loss. What is the selling price (in ₹)?
  3. 3.What is 25% of 240?
  4. 4.A cricket kit bought for ₹3900 is sold for ₹4485. What is the profit per cent?
  5. 5.A watch costs ₹3900. It is sold at a 30% loss. What is the selling price (in ₹)?
  6. 6.A table costs ₹400. It is sold at a 30% loss. What is the selling price (in ₹)?
  7. 7.A cooler bought for ₹2200 is sold for ₹1320. What is the loss per cent?
  8. 8.A shopkeeper buys a sewing machine for ₹1450 and sells it for ₹1570. What is the profit (in ₹)?
  9. 9.A fan bought for ₹2400 is sold for ₹2640. What is the profit per cent?
  10. 10.A cycle bought for ₹700 is sold for ₹1050. What is the profit per cent?
  11. 11.What is the simple interest on ₹900 at 6% per year for 5 years (in ₹)?
  12. 12.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
  13. 13.What is the amount (principal + simple interest) on ₹5000 at 2% per year for 2 years (in ₹)?
  14. 14.A cooler bought for ₹3100 is sold for ₹3565. What is the profit per cent?
  15. 15.What is 85% of 660?
  16. 16.A shopkeeper buys a mobile phone for ₹750 and sells it for ₹1000. What is the profit (in ₹)?
  17. 17.A cooler bought for ₹500 is sold for ₹575. What is the profit per cent?
  18. 18.The price of a school bag changed from ₹200 to ₹250. What is the percentage increase?
  19. 19.What is the amount (principal + simple interest) on ₹3700 at 9% per year for 3 years (in ₹)?
  20. 20.What is the simple interest on ₹8900 at 7% per year for 3 years (in ₹)?
  21. 21.What is 60% of 900?
  22. 22.A mobile phone costs ₹1200. It is sold at a 30% profit. What is the selling price (in ₹)?
  23. 23.The price of a water bottle changed from ₹100 to ₹80. What is the percentage decrease?
  24. 24.The price of a water bottle changed from ₹20 to ₹28. What is the percentage increase?
  25. 25.What is 5% of 740?
  26. 26.A fan bought for ₹1600 is sold for ₹2080. What is the profit per cent?
  27. 27.A cycle costs ₹4000. It is sold at a 25% loss. What is the selling price (in ₹)?
  28. 28.What is the simple interest on ₹6700 at 7% per year for 3 years (in ₹)?
  29. 29.What is the simple interest on ₹5300 at 6% per year for 3 years (in ₹)?
  30. 30.The price of a cricket ball changed from ₹40 to ₹52. What is the percentage increase?
  31. 31.What is the simple interest on ₹4000 at 3% per year for 3 years (in ₹)?
  32. 32.What is 25% of 820?
  33. 33.What is the amount (principal + simple interest) on ₹1500 at 4% per year for 1 year (in ₹)?
  34. 34.What is the simple interest on ₹8500 at 9% per year for 2 years (in ₹)?
  35. 35.A shopkeeper buys a fan for ₹600 and sells it for ₹890. What is the profit (in ₹)?
  36. 36.What is the simple interest on ₹7500 at 2% per year for 1 year (in ₹)?
  37. 37.What is 30% of 440?
  38. 38.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1590. What is the profit (in ₹)?
  39. 39.What is the simple interest on ₹3800 at 11% per year for 2 years (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹7300 at 8% per year for 1 year (in ₹)?

Answer key

  1. 680
  2. 2880
  3. 60
  4. 15
  5. 2730
  6. 280
  7. 40
  8. 120
  9. 10
  10. 50
  11. 270
  12. 20
  13. 5200
  14. 15
  15. 561
  16. 250
  17. 15
  18. 25
  19. 4699
  20. 1869
  21. 540
  22. 1560
  23. 20
  24. 40
  25. 37
  26. 30
  27. 3000
  28. 1407
  29. 954
  30. 30
  31. 360
  32. 205
  33. 1560
  34. 1530
  35. 290
  36. 150
  37. 132
  38. 40
  39. 836
  40. 7884

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