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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 53 · 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 ₹9600 at 11% per year for 1 year (in ₹)?
  2. 2.A sewing machine bought for ₹1100 is sold for ₹1375. What is the profit per cent?
  3. 3.What is the amount (principal + simple interest) on ₹7100 at 2% per year for 1 year (in ₹)?
  4. 4.A cooler costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹3200 at 5% per year for 5 years (in ₹)?
  6. 6.What is 30% of 900?
  7. 7.What is the simple interest on ₹5600 at 6% per year for 5 years (in ₹)?
  8. 8.The price of a bus pass changed from ₹200 to ₹380. What is the percentage increase?
  9. 9.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1820. What is the profit (in ₹)?
  10. 10.What is 40% of 680?
  11. 11.The price of a water bottle changed from ₹20 to ₹4. What is the percentage decrease?
  12. 12.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹790. What is the loss (in ₹)?
  13. 13.A cooler bought for ₹1800 is sold for ₹2016. What is the profit per cent?
  14. 14.A sewing machine bought for ₹2500 is sold for ₹3125. What is the profit per cent?
  15. 15.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2950. What is the profit (in ₹)?
  16. 16.A cricket kit bought for ₹2700 is sold for ₹1350. What is the loss per cent?
  17. 17.What is 15% of 460?
  18. 18.A shopkeeper buys a cycle for ₹2850 and sells it for ₹2640. What is the loss (in ₹)?
  19. 19.A sewing machine bought for ₹900 is sold for ₹1350. What is the profit per cent?
  20. 20.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3300. What is the profit (in ₹)?
  21. 21.What is 35% of 240?
  22. 22.The price of a bus pass changed from ₹100 to ₹98. What is the percentage decrease?
  23. 23.A fan costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1680. What is the profit (in ₹)?
  25. 25.What is the simple interest on ₹6500 at 2% per year for 1 year (in ₹)?
  26. 26.The price of a cricket ball changed from ₹40 to ₹30. What is the percentage decrease?
  27. 27.A shopkeeper buys a cricket kit for ₹1400 and sells it for ₹1430. What is the profit (in ₹)?
  28. 28.A cycle costs ₹600. It is sold at a 15% profit. What is the selling price (in ₹)?
  29. 29.What is 15% of 860?
  30. 30.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹1050. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a table for ₹2400 and sells it for ₹2520. What is the profit (in ₹)?
  32. 32.A cycle costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
  33. 33.What is 30% of 420?
  34. 34.A shopkeeper buys a fan for ₹450 and sells it for ₹430. What is the loss (in ₹)?
  35. 35.A cooler bought for ₹1600 is sold for ₹1120. What is the loss per cent?
  36. 36.A cycle bought for ₹1300 is sold for ₹975. What is the loss per cent?
  37. 37.What is the amount (principal + simple interest) on ₹2400 at 6% per year for 3 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 4 years (in ₹)?
  39. 39.A shopkeeper buys a cycle for ₹350 and sells it for ₹240. What is the loss (in ₹)?
  40. 40.What is 15% of 640?

Answer key

  1. 10656
  2. 25
  3. 7242
  4. 2750
  5. 4000
  6. 270
  7. 1680
  8. 90
  9. 270
  10. 272
  11. 80
  12. 110
  13. 12
  14. 25
  15. 300
  16. 50
  17. 69
  18. 210
  19. 50
  20. 300
  21. 84
  22. 2
  23. 1792
  24. 30
  25. 130
  26. 25
  27. 30
  28. 690
  29. 129
  30. 150
  31. 120
  32. 3360
  33. 126
  34. 20
  35. 30
  36. 25
  37. 2832
  38. 10368
  39. 110
  40. 96

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