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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 459 · 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 sewing machine bought for ₹1300 is sold for ₹1950. What is the profit per cent?
  2. 2.What is the simple interest on ₹7100 at 8% per year for 2 years (in ₹)?
  3. 3.The price of a bus pass changed from ₹500 to ₹550. What is the percentage increase?
  4. 4.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
  5. 5.What is the simple interest on ₹7700 at 12% per year for 2 years (in ₹)?
  6. 6.A shopkeeper buys a watch for ₹2300 and sells it for ₹2240. What is the loss (in ₹)?
  7. 7.What is 70% of 80?
  8. 8.What is the simple interest on ₹2700 at 12% per year for 5 years (in ₹)?
  9. 9.A shopkeeper buys a watch for ₹450 and sells it for ₹470. What is the profit (in ₹)?
  10. 10.A mobile phone bought for ₹800 is sold for ₹680. What is the loss per cent?
  11. 11.What is the amount (principal + simple interest) on ₹3700 at 4% per year for 2 years (in ₹)?
  12. 12.A watch costs ₹1400. It is sold at a 10% loss. What is the selling price (in ₹)?
  13. 13.The price of a pair of shoes changed from ₹50 to ₹20. What is the percentage decrease?
  14. 14.What is the amount (principal + simple interest) on ₹3900 at 4% per year for 5 years (in ₹)?
  15. 15.A cooler costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
  16. 16.What is 35% of 60?
  17. 17.A watch bought for ₹900 is sold for ₹1125. What is the profit per cent?
  18. 18.A cycle costs ₹900. It is sold at a 12% loss. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a watch for ₹350 and sells it for ₹460. What is the profit (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹5300 at 7% per year for 1 year (in ₹)?
  21. 21.A cricket kit costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a watch for ₹850 and sells it for ₹1080. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a table for ₹2100 and sells it for ₹2310. What is the profit (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 5 years (in ₹)?
  25. 25.A shopkeeper buys a cycle for ₹2850 and sells it for ₹2930. What is the profit (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹6000 at 12% per year for 4 years (in ₹)?
  27. 27.What is 85% of 960?
  28. 28.A table costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
  29. 29.What is 75% of 200?
  30. 30.A fan costs ₹1200. It is sold at a 10% loss. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹9900 at 4% per year for 3 years (in ₹)?
  32. 32.The price of a school bag changed from ₹80 to ₹140. What is the percentage increase?
  33. 33.What is the simple interest on ₹7100 at 3% per year for 1 year (in ₹)?
  34. 34.A shopkeeper buys a cricket kit for ₹2600 and sells it for ₹2420. What is the loss (in ₹)?
  35. 35.What is 25% of 140?
  36. 36.A watch bought for ₹1200 is sold for ₹720. What is the loss per cent?
  37. 37.What is the simple interest on ₹1400 at 8% per year for 4 years (in ₹)?
  38. 38.A shopkeeper buys a fan for ₹650 and sells it for ₹680. What is the profit (in ₹)?
  39. 39.What is 25% of 820?
  40. 40.What is 65% of 700?

Answer key

  1. 50
  2. 1136
  3. 10
  4. 20
  5. 1848
  6. 60
  7. 56
  8. 1620
  9. 20
  10. 15
  11. 3996
  12. 1260
  13. 60
  14. 4680
  15. 770
  16. 21
  17. 25
  18. 792
  19. 110
  20. 5671
  21. 3600
  22. 230
  23. 210
  24. 5520
  25. 80
  26. 8880
  27. 816
  28. 1350
  29. 150
  30. 1080
  31. 1188
  32. 75
  33. 213
  34. 180
  35. 35
  36. 40
  37. 448
  38. 30
  39. 205
  40. 455

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