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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 325 · 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.

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  1. 1.A cooler costs ₹3700. It is sold at a 12% loss. What is the selling price (in ₹)?
  2. 2.What is 55% of 360?
  3. 3.What is the amount (principal + simple interest) on ₹1800 at 10% per year for 1 year (in ₹)?
  4. 4.What is 60% of 380?
  5. 5.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
  6. 6.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
  7. 7.What is the amount (principal + simple interest) on ₹8600 at 12% per year for 1 year (in ₹)?
  8. 8.The price of a school bag changed from ₹100 to ₹70. What is the percentage decrease?
  9. 9.What is the amount (principal + simple interest) on ₹4500 at 3% per year for 4 years (in ₹)?
  10. 10.A mobile phone bought for ₹3100 is sold for ₹3875. What is the profit per cent?
  11. 11.A mobile phone costs ₹3300. It is sold at a 50% profit. What is the selling price (in ₹)?
  12. 12.What is 60% of 100?
  13. 13.The price of a box of mangoes changed from ₹80 to ₹120. What is the percentage increase?
  14. 14.What is 40% of 140?
  15. 15.A fan costs ₹1000. It is sold at a 5% profit. What is the selling price (in ₹)?
  16. 16.A fan costs ₹2400. It is sold at a 15% profit. What is the selling price (in ₹)?
  17. 17.What is 25% of 480?
  18. 18.A watch costs ₹1900. It is sold at a 10% profit. What is the selling price (in ₹)?
  19. 19.A mobile phone bought for ₹3400 is sold for ₹3740. What is the profit per cent?
  20. 20.What is the amount (principal + simple interest) on ₹6800 at 3% per year for 3 years (in ₹)?
  21. 21.What is the simple interest on ₹8800 at 5% per year for 5 years (in ₹)?
  22. 22.A cycle bought for ₹3800 is sold for ₹3344. What is the loss per cent?
  23. 23.A cricket kit costs ₹3400. It is sold at a 20% profit. What is the selling price (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹3700 at 6% per year for 2 years (in ₹)?
  25. 25.What is the simple interest on ₹5600 at 2% per year for 1 year (in ₹)?
  26. 26.A mobile phone bought for ₹1600 is sold for ₹1680. What is the profit per cent?
  27. 27.The price of a water bottle changed from ₹200 to ₹198. What is the percentage decrease?
  28. 28.A cycle bought for ₹3700 is sold for ₹2775. What is the loss per cent?
  29. 29.The price of a cricket ball changed from ₹500 to ₹875. What is the percentage increase?
  30. 30.A cricket kit bought for ₹2700 is sold for ₹2376. What is the loss per cent?
  31. 31.A shopkeeper buys a cricket kit for ₹2600 and sells it for ₹2510. What is the loss (in ₹)?
  32. 32.A cricket kit bought for ₹1000 is sold for ₹500. What is the loss per cent?
  33. 33.What is the simple interest on ₹5800 at 7% per year for 2 years (in ₹)?
  34. 34.What is the simple interest on ₹2000 at 3% per year for 1 year (in ₹)?
  35. 35.What is the simple interest on ₹6100 at 9% per year for 1 year (in ₹)?
  36. 36.What is the simple interest on ₹1500 at 8% per year for 5 years (in ₹)?
  37. 37.A mobile phone costs ₹2300. It is sold at a 12% loss. What is the selling price (in ₹)?
  38. 38.What is 80% of 220?
  39. 39.What is 70% of 80?
  40. 40.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2450. What is the profit (in ₹)?

Answer key

  1. 3256
  2. 198
  3. 1980
  4. 228
  5. 40
  6. 20
  7. 9632
  8. 30
  9. 5040
  10. 25
  11. 4950
  12. 60
  13. 50
  14. 56
  15. 1050
  16. 2760
  17. 120
  18. 2090
  19. 10
  20. 7412
  21. 2200
  22. 12
  23. 4080
  24. 4144
  25. 112
  26. 5
  27. 1
  28. 25
  29. 75
  30. 12
  31. 90
  32. 50
  33. 812
  34. 60
  35. 549
  36. 600
  37. 2024
  38. 176
  39. 56
  40. 300

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