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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 495 · 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 watch bought for ₹2300 is sold for ₹2576. What is the profit per cent?
  2. 2.What is the amount (principal + simple interest) on ₹6200 at 6% per year for 5 years (in ₹)?
  3. 3.A shopkeeper buys a watch for ₹2400 and sells it for ₹2200. What is the loss (in ₹)?
  4. 4.What is the simple interest on ₹7100 at 4% per year for 3 years (in ₹)?
  5. 5.What is the simple interest on ₹8900 at 3% per year for 3 years (in ₹)?
  6. 6.What is 45% of 960?
  7. 7.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1910. What is the profit (in ₹)?
  8. 8.The price of a pair of shoes changed from ₹200 to ₹150. What is the percentage decrease?
  9. 9.A sewing machine costs ₹1400. It is sold at a 5% loss. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹5700 at 3% per year for 2 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹6000 at 12% per year for 3 years (in ₹)?
  12. 12.What is the simple interest on ₹5800 at 12% per year for 4 years (in ₹)?
  13. 13.A shopkeeper buys a table for ₹750 and sells it for ₹910. What is the profit (in ₹)?
  14. 14.What is 95% of 100?
  15. 15.The price of a pair of shoes changed from ₹500 to ₹800. What is the percentage increase?
  16. 16.What is 5% of 620?
  17. 17.A shopkeeper buys a watch for ₹1900 and sells it for ₹2120. What is the profit (in ₹)?
  18. 18.What is the simple interest on ₹3900 at 11% per year for 3 years (in ₹)?
  19. 19.A watch costs ₹3100. It is sold at a 15% loss. What is the selling price (in ₹)?
  20. 20.The price of a bus pass changed from ₹100 to ₹160. What is the percentage increase?
  21. 21.What is the amount (principal + simple interest) on ₹4700 at 2% per year for 4 years (in ₹)?
  22. 22.What is 40% of 360?
  23. 23.What is the simple interest on ₹2400 at 10% per year for 3 years (in ₹)?
  24. 24.A cycle costs ₹1700. It is sold at a 12% loss. What is the selling price (in ₹)?
  25. 25.What is 10% of 780?
  26. 26.What is the simple interest on ₹600 at 12% per year for 3 years (in ₹)?
  27. 27.The price of a water bottle changed from ₹500 to ₹300. What is the percentage decrease?
  28. 28.A shopkeeper buys a watch for ₹500 and sells it for ₹580. What is the profit (in ₹)?
  29. 29.A cricket kit bought for ₹2600 is sold for ₹3900. What is the profit per cent?
  30. 30.A mobile phone bought for ₹1700 is sold for ₹1275. What is the loss per cent?
  31. 31.What is 45% of 420?
  32. 32.A cricket kit bought for ₹4000 is sold for ₹4600. What is the profit per cent?
  33. 33.A table bought for ₹3900 is sold for ₹4485. What is the profit per cent?
  34. 34.What is 65% of 440?
  35. 35.What is the simple interest on ₹8800 at 2% per year for 3 years (in ₹)?
  36. 36.What is the simple interest on ₹1900 at 12% per year for 2 years (in ₹)?
  37. 37.What is the simple interest on ₹1400 at 9% per year for 5 years (in ₹)?
  38. 38.A table costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
  39. 39.What is 80% of 940?
  40. 40.The price of a water bottle changed from ₹50 to ₹80. What is the percentage increase?

Answer key

  1. 12
  2. 8060
  3. 200
  4. 852
  5. 801
  6. 432
  7. 60
  8. 25
  9. 1330
  10. 6042
  11. 8160
  12. 2784
  13. 160
  14. 95
  15. 60
  16. 31
  17. 220
  18. 1287
  19. 2635
  20. 60
  21. 5076
  22. 144
  23. 720
  24. 1496
  25. 78
  26. 216
  27. 40
  28. 80
  29. 50
  30. 25
  31. 189
  32. 15
  33. 15
  34. 286
  35. 528
  36. 456
  37. 630
  38. 2100
  39. 752
  40. 60

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