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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 343 · 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.The price of a cricket ball changed from ₹400 to ₹640. What is the percentage increase?
  2. 2.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹900. What is the profit (in ₹)?
  3. 3.What is the simple interest on ₹3300 at 6% per year for 3 years (in ₹)?
  4. 4.A shopkeeper buys a cycle for ₹350 and sells it for ₹360. What is the profit (in ₹)?
  5. 5.What is 25% of 60?
  6. 6.A table costs ₹2500. It is sold at a 50% profit. What is the selling price (in ₹)?
  7. 7.What is the simple interest on ₹4800 at 4% per year for 4 years (in ₹)?
  8. 8.The price of a bus pass changed from ₹25 to ₹30. What is the percentage increase?
  9. 9.What is the amount (principal + simple interest) on ₹3200 at 2% per year for 3 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 4 years (in ₹)?
  11. 11.A sewing machine bought for ₹200 is sold for ₹120. What is the loss per cent?
  12. 12.A shopkeeper buys a cooler for ₹2850 and sells it for ₹3110. What is the profit (in ₹)?
  13. 13.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1260. What is the profit (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹900 at 10% per year for 1 year (in ₹)?
  15. 15.What is the simple interest on ₹9000 at 12% per year for 2 years (in ₹)?
  16. 16.A mobile phone costs ₹1900. It is sold at a 12% loss. What is the selling price (in ₹)?
  17. 17.A cycle costs ₹1500. It is sold at a 20% loss. What is the selling price (in ₹)?
  18. 18.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2680. What is the profit (in ₹)?
  19. 19.The price of a water bottle changed from ₹20 to ₹26. What is the percentage increase?
  20. 20.A shopkeeper buys a fan for ₹900 and sells it for ₹850. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a cycle for ₹2050 and sells it for ₹1800. What is the loss (in ₹)?
  22. 22.The price of a box of mangoes changed from ₹25 to ₹20. What is the percentage decrease?
  23. 23.What is the simple interest on ₹2200 at 10% per year for 1 year (in ₹)?
  24. 24.What is 55% of 360?
  25. 25.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1080. What is the loss (in ₹)?
  26. 26.A shopkeeper buys a table for ₹600 and sells it for ₹710. What is the profit (in ₹)?
  27. 27.The price of a bus pass changed from ₹40 to ₹8. What is the percentage decrease?
  28. 28.A shopkeeper buys a fan for ₹200 and sells it for ₹110. What is the loss (in ₹)?
  29. 29.The price of a bus pass changed from ₹250 to ₹450. What is the percentage increase?
  30. 30.What is the simple interest on ₹1400 at 10% per year for 5 years (in ₹)?
  31. 31.What is 30% of 60?
  32. 32.What is 95% of 920?
  33. 33.A shopkeeper buys a fan for ₹1550 and sells it for ₹1260. What is the loss (in ₹)?
  34. 34.What is 60% of 700?
  35. 35.What is the amount (principal + simple interest) on ₹1700 at 4% per year for 3 years (in ₹)?
  36. 36.The price of a water bottle changed from ₹25 to ₹40. What is the percentage increase?
  37. 37.The price of a box of mangoes changed from ₹80 to ₹140. What is the percentage increase?
  38. 38.A shopkeeper buys a fan for ₹1100 and sells it for ₹1300. What is the profit (in ₹)?
  39. 39.What is the simple interest on ₹2500 at 4% per year for 1 year (in ₹)?
  40. 40.A mobile phone costs ₹200. It is sold at a 40% profit. What is the selling price (in ₹)?

Answer key

  1. 60
  2. 300
  3. 594
  4. 10
  5. 15
  6. 3750
  7. 768
  8. 20
  9. 3392
  10. 10368
  11. 40
  12. 260
  13. 60
  14. 990
  15. 2160
  16. 1672
  17. 1200
  18. 30
  19. 30
  20. 50
  21. 250
  22. 20
  23. 220
  24. 198
  25. 270
  26. 110
  27. 80
  28. 90
  29. 80
  30. 700
  31. 18
  32. 874
  33. 290
  34. 420
  35. 1904
  36. 60
  37. 75
  38. 200
  39. 100
  40. 280

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