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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 362 · 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 bought for ₹3700 is sold for ₹4144. What is the profit per cent?
  2. 2.A mobile phone costs ₹2100. It is sold at a 15% profit. What is the selling price (in ₹)?
  3. 3.A cricket kit bought for ₹2100 is sold for ₹1050. What is the loss per cent?
  4. 4.What is the simple interest on ₹7500 at 4% per year for 5 years (in ₹)?
  5. 5.What is the simple interest on ₹7000 at 10% per year for 1 year (in ₹)?
  6. 6.A watch costs ₹700. It is sold at a 12% loss. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a cooler for ₹600 and sells it for ₹440. What is the loss (in ₹)?
  8. 8.The price of a school bag changed from ₹500 to ₹750. What is the percentage increase?
  9. 9.What is the simple interest on ₹8400 at 7% per year for 5 years (in ₹)?
  10. 10.A sewing machine bought for ₹2300 is sold for ₹1955. What is the loss per cent?
  11. 11.What is the simple interest on ₹6000 at 6% per year for 4 years (in ₹)?
  12. 12.A table bought for ₹2000 is sold for ₹1900. What is the loss per cent?
  13. 13.A shopkeeper buys a fan for ₹550 and sells it for ₹270. What is the loss (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹7200 at 9% per year for 2 years (in ₹)?
  15. 15.What is 30% of 260?
  16. 16.A cycle bought for ₹800 is sold for ₹896. What is the profit per cent?
  17. 17.What is 10% of 800?
  18. 18.What is the simple interest on ₹7300 at 12% per year for 1 year (in ₹)?
  19. 19.What is 70% of 800?
  20. 20.What is 25% of 520?
  21. 21.The price of a cricket ball changed from ₹50 to ₹40. What is the percentage decrease?
  22. 22.A cycle bought for ₹3300 is sold for ₹1650. What is the loss per cent?
  23. 23.What is the simple interest on ₹7400 at 5% per year for 2 years (in ₹)?
  24. 24.A cricket kit costs ₹1600. It is sold at a 50% profit. What is the selling price (in ₹)?
  25. 25.A cricket kit costs ₹1200. It is sold at a 20% profit. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1380. What is the profit (in ₹)?
  27. 27.The price of a water bottle changed from ₹250 to ₹350. What is the percentage increase?
  28. 28.What is the simple interest on ₹5900 at 6% per year for 4 years (in ₹)?
  29. 29.A cooler bought for ₹300 is sold for ₹336. What is the profit per cent?
  30. 30.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2860. What is the profit (in ₹)?
  31. 31.The price of a school bag changed from ₹80 to ₹60. What is the percentage decrease?
  32. 32.A shopkeeper buys a cooler for ₹1900 and sells it for ₹1960. What is the profit (in ₹)?
  33. 33.What is 15% of 920?
  34. 34.What is the amount (principal + simple interest) on ₹5200 at 9% per year for 2 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹5000 at 2% per year for 1 year (in ₹)?
  36. 36.A table costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
  37. 37.A cooler costs ₹2600. It is sold at a 15% loss. What is the selling price (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹6400 at 10% per year for 5 years (in ₹)?
  39. 39.A shopkeeper buys a fan for ₹1700 and sells it for ₹1670. What is the loss (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹7300 at 3% per year for 2 years (in ₹)?

Answer key

  1. 12
  2. 2415
  3. 50
  4. 1500
  5. 700
  6. 616
  7. 160
  8. 50
  9. 2940
  10. 15
  11. 1440
  12. 5
  13. 280
  14. 8496
  15. 78
  16. 12
  17. 80
  18. 876
  19. 560
  20. 130
  21. 20
  22. 50
  23. 740
  24. 2400
  25. 1440
  26. 280
  27. 40
  28. 1416
  29. 12
  30. 60
  31. 25
  32. 60
  33. 138
  34. 6136
  35. 5100
  36. 1568
  37. 2210
  38. 9600
  39. 30
  40. 7738

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