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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 435 · 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 ₹1700 is sold for ₹1904. What is the profit per cent?
  2. 2.What is the simple interest on ₹2200 at 2% per year for 1 year (in ₹)?
  3. 3.What is the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹6500 at 4% per year for 1 year (in ₹)?
  5. 5.A mobile phone costs ₹3200. It is sold at a 30% profit. What is the selling price (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹3800 at 11% per year for 1 year (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1360. What is the profit (in ₹)?
  8. 8.What is the simple interest on ₹9800 at 8% per year for 1 year (in ₹)?
  9. 9.What is the simple interest on ₹5500 at 10% per year for 4 years (in ₹)?
  10. 10.What is the simple interest on ₹900 at 8% per year for 2 years (in ₹)?
  11. 11.What is 40% of 300?
  12. 12.A table bought for ₹3700 is sold for ₹3145. What is the loss per cent?
  13. 13.A cycle costs ₹2300. It is sold at a 30% profit. What is the selling price (in ₹)?
  14. 14.A cooler costs ₹1500. It is sold at a 50% loss. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹4500 at 5% per year for 2 years (in ₹)?
  16. 16.What is the simple interest on ₹9800 at 10% per year for 2 years (in ₹)?
  17. 17.A shopkeeper buys a watch for ₹1900 and sells it for ₹2060. What is the profit (in ₹)?
  18. 18.What is 55% of 960?
  19. 19.A shopkeeper buys a cooler for ₹300 and sells it for ₹470. What is the profit (in ₹)?
  20. 20.What is the simple interest on ₹4800 at 4% per year for 1 year (in ₹)?
  21. 21.A shopkeeper buys a fan for ₹1300 and sells it for ₹1520. What is the profit (in ₹)?
  22. 22.A cooler bought for ₹700 is sold for ₹840. What is the profit per cent?
  23. 23.What is the simple interest on ₹1200 at 9% per year for 5 years (in ₹)?
  24. 24.What is 5% of 360?
  25. 25.A shopkeeper buys a watch for ₹1200 and sells it for ₹1100. What is the loss (in ₹)?
  26. 26.What is 5% of 120?
  27. 27.A cricket kit bought for ₹1200 is sold for ₹600. What is the loss per cent?
  28. 28.A cycle bought for ₹400 is sold for ₹200. What is the loss per cent?
  29. 29.A sewing machine bought for ₹4000 is sold for ₹6000. What is the profit per cent?
  30. 30.What is 35% of 120?
  31. 31.What is 15% of 140?
  32. 32.A shopkeeper buys a cycle for ₹2850 and sells it for ₹2800. What is the loss (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹8300 at 2% per year for 5 years (in ₹)?
  34. 34.A fan costs ₹600. It is sold at a 30% profit. What is the selling price (in ₹)?
  35. 35.A shopkeeper buys a fan for ₹1750 and sells it for ₹1580. What is the loss (in ₹)?
  36. 36.A cooler bought for ₹2500 is sold for ₹3125. What is the profit per cent?
  37. 37.A shopkeeper buys a cricket kit for ₹2400 and sells it for ₹2590. What is the profit (in ₹)?
  38. 38.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2530. What is the profit (in ₹)?
  39. 39.A mobile phone costs ₹300. It is sold at a 40% loss. What is the selling price (in ₹)?
  40. 40.What is 80% of 840?

Answer key

  1. 12
  2. 44
  3. 400
  4. 6760
  5. 4160
  6. 4218
  7. 10
  8. 784
  9. 2200
  10. 144
  11. 120
  12. 15
  13. 2990
  14. 750
  15. 450
  16. 1960
  17. 160
  18. 528
  19. 170
  20. 192
  21. 220
  22. 20
  23. 540
  24. 18
  25. 100
  26. 6
  27. 50
  28. 50
  29. 50
  30. 42
  31. 21
  32. 50
  33. 9130
  34. 780
  35. 170
  36. 25
  37. 190
  38. 230
  39. 180
  40. 672

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