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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 329 · 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 ₹3500. It is sold at a 20% profit. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a cooler for ₹800 and sells it for ₹500. What is the loss (in ₹)?
  3. 3.What is the simple interest on ₹8300 at 7% per year for 1 year (in ₹)?
  4. 4.A fan bought for ₹1200 is sold for ₹1680. What is the profit per cent?
  5. 5.What is 60% of 500?
  6. 6.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1890. What is the profit (in ₹)?
  7. 7.A cooler bought for ₹3000 is sold for ₹3300. What is the profit per cent?
  8. 8.A table costs ₹2800. It is sold at a 15% loss. What is the selling price (in ₹)?
  9. 9.What is the simple interest on ₹7600 at 8% per year for 3 years (in ₹)?
  10. 10.A watch bought for ₹4000 is sold for ₹3600. What is the loss per cent?
  11. 11.What is the amount (principal + simple interest) on ₹600 at 11% per year for 4 years (in ₹)?
  12. 12.A fan bought for ₹1400 is sold for ₹2100. What is the profit per cent?
  13. 13.A fan costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
  14. 14.What is 5% of 980?
  15. 15.The price of a bus pass changed from ₹20 to ₹32. What is the percentage increase?
  16. 16.A cooler bought for ₹1900 is sold for ₹1425. What is the loss per cent?
  17. 17.What is 30% of 520?
  18. 18.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹750. What is the profit (in ₹)?
  19. 19.The price of a water bottle changed from ₹20 to ₹35. What is the percentage increase?
  20. 20.A fan bought for ₹2300 is sold for ₹2530. What is the profit per cent?
  21. 21.A mobile phone bought for ₹2600 is sold for ₹2340. What is the loss per cent?
  22. 22.A sewing machine bought for ₹1900 is sold for ₹2375. What is the profit per cent?
  23. 23.What is the simple interest on ₹3000 at 11% per year for 5 years (in ₹)?
  24. 24.A fan costs ₹2200. It is sold at a 5% loss. What is the selling price (in ₹)?
  25. 25.The price of a cricket ball changed from ₹20 to ₹4. What is the percentage decrease?
  26. 26.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹3080. What is the profit (in ₹)?
  27. 27.A cricket kit costs ₹1200. It is sold at a 40% loss. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1160. What is the profit (in ₹)?
  29. 29.The price of a cricket ball changed from ₹80 to ₹140. What is the percentage increase?
  30. 30.What is the amount (principal + simple interest) on ₹2100 at 3% per year for 4 years (in ₹)?
  31. 31.What is 90% of 180?
  32. 32.What is the amount (principal + simple interest) on ₹1600 at 8% per year for 2 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹3200 at 7% per year for 4 years (in ₹)?
  34. 34.A cricket kit costs ₹3200. It is sold at a 40% profit. What is the selling price (in ₹)?
  35. 35.The price of a water bottle changed from ₹200 to ₹180. What is the percentage decrease?
  36. 36.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹750. What is the profit (in ₹)?
  37. 37.A shopkeeper buys a watch for ₹2850 and sells it for ₹2740. What is the loss (in ₹)?
  38. 38.What is 75% of 440?
  39. 39.What is the amount (principal + simple interest) on ₹2500 at 10% per year for 2 years (in ₹)?
  40. 40.What is 15% of 440?

Answer key

  1. 4200
  2. 300
  3. 581
  4. 40
  5. 300
  6. 140
  7. 10
  8. 2380
  9. 1824
  10. 10
  11. 864
  12. 50
  13. 1275
  14. 49
  15. 60
  16. 25
  17. 156
  18. 300
  19. 75
  20. 10
  21. 10
  22. 25
  23. 1650
  24. 2090
  25. 80
  26. 180
  27. 720
  28. 160
  29. 75
  30. 2352
  31. 162
  32. 1856
  33. 4096
  34. 4480
  35. 10
  36. 200
  37. 110
  38. 330
  39. 3000
  40. 66

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