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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 45 · 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.What is the amount (principal + simple interest) on ₹2700 at 3% per year for 2 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹3600 at 2% per year for 4 years (in ₹)?
  3. 3.A watch bought for ₹1100 is sold for ₹825. What is the loss per cent?
  4. 4.What is 90% of 160?
  5. 5.What is the simple interest on ₹5100 at 12% per year for 2 years (in ₹)?
  6. 6.A table costs ₹2000. It is sold at a 30% profit. What is the selling price (in ₹)?
  7. 7.A mobile phone bought for ₹2400 is sold for ₹2520. What is the profit per cent?
  8. 8.A mobile phone costs ₹1800. It is sold at a 15% profit. What is the selling price (in ₹)?
  9. 9.A sewing machine bought for ₹300 is sold for ₹336. What is the profit per cent?
  10. 10.What is 40% of 980?
  11. 11.A shopkeeper buys a cycle for ₹2150 and sells it for ₹2200. What is the profit (in ₹)?
  12. 12.What is 40% of 580?
  13. 13.A table bought for ₹3900 is sold for ₹4875. What is the profit per cent?
  14. 14.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1690. What is the profit (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹3100 at 9% per year for 3 years (in ₹)?
  16. 16.A cooler bought for ₹4000 is sold for ₹3000. What is the loss per cent?
  17. 17.A mobile phone costs ₹1100. It is sold at a 12% loss. What is the selling price (in ₹)?
  18. 18.The price of a bus pass changed from ₹50 to ₹60. What is the percentage increase?
  19. 19.What is 15% of 600?
  20. 20.A cricket kit bought for ₹200 is sold for ₹224. What is the profit per cent?
  21. 21.A mobile phone costs ₹2600. It is sold at a 50% profit. What is the selling price (in ₹)?
  22. 22.What is 35% of 160?
  23. 23.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹740. What is the loss (in ₹)?
  24. 24.A cycle bought for ₹1700 is sold for ₹1955. What is the profit per cent?
  25. 25.The price of a bus pass changed from ₹200 to ₹160. What is the percentage decrease?
  26. 26.A mobile phone costs ₹300. It is sold at a 12% profit. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹440. What is the loss (in ₹)?
  28. 28.A cycle costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
  29. 29.What is 75% of 360?
  30. 30.The price of a school bag changed from ₹80 to ₹128. What is the percentage increase?
  31. 31.What is 45% of 920?
  32. 32.The price of a pair of shoes changed from ₹40 to ₹20. What is the percentage decrease?
  33. 33.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  34. 34.A cycle costs ₹200. It is sold at a 12% loss. What is the selling price (in ₹)?
  35. 35.What is 55% of 40?
  36. 36.The price of a water bottle changed from ₹400 to ₹392. What is the percentage decrease?
  37. 37.What is the simple interest on ₹3700 at 9% per year for 3 years (in ₹)?
  38. 38.A cricket kit costs ₹1500. It is sold at a 50% loss. What is the selling price (in ₹)?
  39. 39.A cooler costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
  40. 40.A mobile phone bought for ₹2700 is sold for ₹3375. What is the profit per cent?

Answer key

  1. 2862
  2. 3888
  3. 25
  4. 144
  5. 1224
  6. 2600
  7. 5
  8. 2070
  9. 12
  10. 392
  11. 50
  12. 232
  13. 25
  14. 290
  15. 3937
  16. 25
  17. 968
  18. 20
  19. 90
  20. 12
  21. 3900
  22. 56
  23. 160
  24. 15
  25. 20
  26. 336
  27. 110
  28. 440
  29. 270
  30. 60
  31. 414
  32. 50
  33. 20
  34. 176
  35. 22
  36. 2
  37. 999
  38. 750
  39. 330
  40. 25

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