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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 337 · 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 ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
  2. 2.A watch costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
  3. 3.A fan bought for ₹2500 is sold for ₹3750. What is the profit per cent?
  4. 4.A mobile phone bought for ₹3200 is sold for ₹2720. What is the loss per cent?
  5. 5.A table bought for ₹1100 is sold for ₹550. What is the loss per cent?
  6. 6.What is 30% of 380?
  7. 7.A fan costs ₹2500. It is sold at a 15% loss. What is the selling price (in ₹)?
  8. 8.The price of a pair of shoes changed from ₹40 to ₹50. What is the percentage increase?
  9. 9.What is 25% of 580?
  10. 10.What is the amount (principal + simple interest) on ₹9100 at 12% per year for 4 years (in ₹)?
  11. 11.A mobile phone bought for ₹500 is sold for ₹300. What is the loss per cent?
  12. 12.A shopkeeper buys a cycle for ₹2750 and sells it for ₹2940. What is the profit (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 4 years (in ₹)?
  14. 14.A shopkeeper buys a cycle for ₹2950 and sells it for ₹2880. What is the loss (in ₹)?
  15. 15.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1440. What is the loss (in ₹)?
  16. 16.A sewing machine bought for ₹2900 is sold for ₹1450. What is the loss per cent?
  17. 17.A sewing machine costs ₹1400. It is sold at a 5% profit. What is the selling price (in ₹)?
  18. 18.A cooler costs ₹2100. It is sold at a 12% loss. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a fan for ₹2700 and sells it for ₹2690. What is the loss (in ₹)?
  20. 20.What is 10% of 480?
  21. 21.A cricket kit costs ₹2000. It is sold at a 50% profit. What is the selling price (in ₹)?
  22. 22.What is 25% of 600?
  23. 23.The price of a bus pass changed from ₹200 to ₹350. What is the percentage increase?
  24. 24.A cycle bought for ₹2300 is sold for ₹1610. What is the loss per cent?
  25. 25.A shopkeeper buys a cycle for ₹450 and sells it for ₹500. What is the profit (in ₹)?
  26. 26.What is 25% of 40?
  27. 27.What is 25% of 360?
  28. 28.A shopkeeper buys a cooler for ₹1450 and sells it for ₹1190. What is the loss (in ₹)?
  29. 29.What is 85% of 580?
  30. 30.What is 25% of 560?
  31. 31.What is the amount (principal + simple interest) on ₹1700 at 10% per year for 5 years (in ₹)?
  32. 32.What is 85% of 800?
  33. 33.What is the amount (principal + simple interest) on ₹3000 at 8% per year for 3 years (in ₹)?
  34. 34.What is 30% of 900?
  35. 35.What is the amount (principal + simple interest) on ₹5400 at 12% per year for 2 years (in ₹)?
  36. 36.What is 20% of 40?
  37. 37.The price of a bus pass changed from ₹20 to ₹30. What is the percentage increase?
  38. 38.What is the amount (principal + simple interest) on ₹1700 at 3% per year for 4 years (in ₹)?
  39. 39.What is the simple interest on ₹5200 at 10% per year for 2 years (in ₹)?
  40. 40.A cooler bought for ₹2700 is sold for ₹2160. What is the loss per cent?

Answer key

  1. 900
  2. 4030
  3. 50
  4. 15
  5. 50
  6. 114
  7. 2125
  8. 25
  9. 145
  10. 13468
  11. 40
  12. 190
  13. 1364
  14. 70
  15. 160
  16. 50
  17. 1470
  18. 1848
  19. 10
  20. 48
  21. 3000
  22. 150
  23. 75
  24. 30
  25. 50
  26. 10
  27. 90
  28. 260
  29. 493
  30. 140
  31. 2550
  32. 680
  33. 3720
  34. 270
  35. 6696
  36. 8
  37. 50
  38. 1904
  39. 1040
  40. 20

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