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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 339 · 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 shopkeeper buys a watch for ₹650 and sells it for ₹420. What is the loss (in ₹)?
  2. 2.A cricket kit bought for ₹800 is sold for ₹1200. What is the profit per cent?
  3. 3.What is the amount (principal + simple interest) on ₹4900 at 2% per year for 1 year (in ₹)?
  4. 4.A cycle costs ₹2000. It is sold at a 15% profit. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹2700 at 10% per year for 2 years (in ₹)?
  6. 6.What is 90% of 980?
  7. 7.A cooler costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
  8. 8.What is 5% of 580?
  9. 9.The price of a box of mangoes changed from ₹80 to ₹8. What is the percentage decrease?
  10. 10.A sewing machine bought for ₹3300 is sold for ₹3465. What is the profit per cent?
  11. 11.What is 10% of 620?
  12. 12.What is 90% of 380?
  13. 13.What is the amount (principal + simple interest) on ₹4300 at 2% per year for 3 years (in ₹)?
  14. 14.The price of a school bag changed from ₹40 to ₹4. What is the percentage decrease?
  15. 15.A fan bought for ₹300 is sold for ₹315. What is the profit per cent?
  16. 16.What is 30% of 960?
  17. 17.A sewing machine costs ₹2100. It is sold at a 30% profit. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹1900 at 9% per year for 3 years (in ₹)?
  19. 19.What is the simple interest on ₹5000 at 5% per year for 3 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹7500 at 3% per year for 3 years (in ₹)?
  21. 21.A shopkeeper buys a table for ₹700 and sells it for ₹990. What is the profit (in ₹)?
  22. 22.What is the simple interest on ₹8900 at 8% per year for 5 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹9300 at 5% per year for 3 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 4 years (in ₹)?
  25. 25.The price of a box of mangoes changed from ₹200 to ₹260. What is the percentage increase?
  26. 26.What is the amount (principal + simple interest) on ₹4200 at 6% per year for 4 years (in ₹)?
  27. 27.The price of a water bottle changed from ₹400 to ₹700. What is the percentage increase?
  28. 28.A shopkeeper buys a mobile phone for ₹400 and sells it for ₹600. What is the profit (in ₹)?
  29. 29.A cricket kit bought for ₹3700 is sold for ₹5180. What is the profit per cent?
  30. 30.What is the amount (principal + simple interest) on ₹1700 at 4% per year for 1 year (in ₹)?
  31. 31.A fan bought for ₹1000 is sold for ₹1300. What is the profit per cent?
  32. 32.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 4 years (in ₹)?
  33. 33.What is 65% of 220?
  34. 34.What is the amount (principal + simple interest) on ₹3300 at 6% per year for 5 years (in ₹)?
  35. 35.What is 85% of 540?
  36. 36.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹780. What is the profit (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹4300 at 10% per year for 1 year (in ₹)?
  38. 38.A shopkeeper buys a cycle for ₹700 and sells it for ₹610. What is the loss (in ₹)?
  39. 39.What is 80% of 80?
  40. 40.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹760. What is the profit (in ₹)?

Answer key

  1. 230
  2. 50
  3. 4998
  4. 2300
  5. 3240
  6. 882
  7. 2280
  8. 29
  9. 90
  10. 5
  11. 62
  12. 342
  13. 4558
  14. 90
  15. 5
  16. 288
  17. 2730
  18. 513
  19. 750
  20. 8175
  21. 290
  22. 3560
  23. 10695
  24. 1240
  25. 30
  26. 5208
  27. 75
  28. 200
  29. 40
  30. 1768
  31. 30
  32. 5616
  33. 143
  34. 4290
  35. 459
  36. 180
  37. 4730
  38. 90
  39. 64
  40. 110

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