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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 522 · 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 mobile phone bought for ₹3100 is sold for ₹2635. What is the loss per cent?
  2. 2.What is the amount (principal + simple interest) on ₹1000 at 4% per year for 4 years (in ₹)?
  3. 3.A table costs ₹800. It is sold at a 50% profit. What is the selling price (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹8000 at 11% per year for 5 years (in ₹)?
  5. 5.A shopkeeper buys a watch for ₹750 and sells it for ₹940. What is the profit (in ₹)?
  6. 6.The price of a cricket ball changed from ₹20 to ₹21. What is the percentage increase?
  7. 7.A shopkeeper buys a mobile phone for ₹2500 and sells it for ₹2680. What is the profit (in ₹)?
  8. 8.The price of a pair of shoes changed from ₹500 to ₹475. What is the percentage decrease?
  9. 9.What is the amount (principal + simple interest) on ₹2800 at 4% per year for 3 years (in ₹)?
  10. 10.A mobile phone bought for ₹1200 is sold for ₹960. What is the loss per cent?
  11. 11.What is 40% of 920?
  12. 12.What is the amount (principal + simple interest) on ₹1000 at 2% per year for 4 years (in ₹)?
  13. 13.The price of a bus pass changed from ₹40 to ₹28. What is the percentage decrease?
  14. 14.A table costs ₹2600. It is sold at a 40% profit. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹8400 at 11% per year for 5 years (in ₹)?
  16. 16.The price of a water bottle changed from ₹40 to ₹30. What is the percentage decrease?
  17. 17.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1540. What is the profit (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹8600 at 3% per year for 4 years (in ₹)?
  19. 19.What is 95% of 260?
  20. 20.What is the amount (principal + simple interest) on ₹8800 at 12% per year for 1 year (in ₹)?
  21. 21.What is 30% of 100?
  22. 22.A cooler costs ₹2600. It is sold at a 15% loss. What is the selling price (in ₹)?
  23. 23.A shopkeeper buys a cycle for ₹1950 and sells it for ₹2180. What is the profit (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹7300 at 10% per year for 3 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹2600 at 8% per year for 1 year (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹600 at 9% per year for 1 year (in ₹)?
  27. 27.A shopkeeper buys a cycle for ₹900 and sells it for ₹1160. What is the profit (in ₹)?
  28. 28.What is the simple interest on ₹7800 at 11% per year for 1 year (in ₹)?
  29. 29.What is 25% of 860?
  30. 30.A shopkeeper buys a fan for ₹550 and sells it for ₹520. What is the loss (in ₹)?
  31. 31.What is the simple interest on ₹1600 at 12% per year for 1 year (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹8700 at 2% per year for 2 years (in ₹)?
  33. 33.A shopkeeper buys a watch for ₹300 and sells it for ₹540. What is the profit (in ₹)?
  34. 34.What is the simple interest on ₹3500 at 11% per year for 2 years (in ₹)?
  35. 35.The price of a cricket ball changed from ₹80 to ₹64. What is the percentage decrease?
  36. 36.A fan costs ₹1000. It is sold at a 5% profit. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹800 at 7% per year for 5 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹700 at 2% per year for 3 years (in ₹)?
  39. 39.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1580. What is the profit (in ₹)?
  40. 40.A watch bought for ₹1600 is sold for ₹2080. What is the profit per cent?

Answer key

  1. 15
  2. 1160
  3. 1200
  4. 12400
  5. 190
  6. 5
  7. 180
  8. 5
  9. 3136
  10. 20
  11. 368
  12. 1080
  13. 30
  14. 3640
  15. 4620
  16. 25
  17. 40
  18. 9632
  19. 247
  20. 9856
  21. 30
  22. 2210
  23. 230
  24. 9490
  25. 2808
  26. 654
  27. 260
  28. 858
  29. 215
  30. 30
  31. 192
  32. 9048
  33. 240
  34. 770
  35. 20
  36. 1050
  37. 1080
  38. 742
  39. 280
  40. 30

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