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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 544 · 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 ₹3200 is sold for ₹2400. What is the loss per cent?
  2. 2.The price of a bus pass changed from ₹500 to ₹550. What is the percentage increase?
  3. 3.A watch costs ₹1900. It is sold at a 15% loss. What is the selling price (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹1900 at 3% per year for 1 year (in ₹)?
  5. 5.A cycle costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹5400 at 6% per year for 4 years (in ₹)?
  7. 7.A mobile phone costs ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
  8. 8.The price of a pair of shoes changed from ₹40 to ₹16. What is the percentage decrease?
  9. 9.What is the amount (principal + simple interest) on ₹1300 at 8% per year for 4 years (in ₹)?
  10. 10.A shopkeeper buys a watch for ₹550 and sells it for ₹440. What is the loss (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹8200 at 2% per year for 2 years (in ₹)?
  12. 12.What is the simple interest on ₹3500 at 6% per year for 1 year (in ₹)?
  13. 13.The price of a water bottle changed from ₹250 to ₹350. What is the percentage increase?
  14. 14.What is the amount (principal + simple interest) on ₹9200 at 3% per year for 2 years (in ₹)?
  15. 15.What is the simple interest on ₹1700 at 7% per year for 5 years (in ₹)?
  16. 16.A sewing machine costs ₹2300. It is sold at a 10% profit. What is the selling price (in ₹)?
  17. 17.A cooler costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
  18. 18.A cycle costs ₹3500. It is sold at a 30% profit. What is the selling price (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹7200 at 12% per year for 2 years (in ₹)?
  20. 20.A cricket kit costs ₹3700. It is sold at a 30% profit. What is the selling price (in ₹)?
  21. 21.What is the simple interest on ₹8900 at 2% per year for 3 years (in ₹)?
  22. 22.What is 30% of 180?
  23. 23.What is the simple interest on ₹2800 at 10% per year for 1 year (in ₹)?
  24. 24.What is 10% of 840?
  25. 25.What is the amount (principal + simple interest) on ₹3900 at 10% per year for 1 year (in ₹)?
  26. 26.A cooler costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹4500 at 3% per year for 5 years (in ₹)?
  28. 28.A mobile phone bought for ₹300 is sold for ₹150. What is the loss per cent?
  29. 29.What is the amount (principal + simple interest) on ₹3200 at 3% per year for 1 year (in ₹)?
  30. 30.A shopkeeper buys a fan for ₹2900 and sells it for ₹2640. What is the loss (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 1 year (in ₹)?
  32. 32.A cooler bought for ₹3100 is sold for ₹3565. What is the profit per cent?
  33. 33.A mobile phone bought for ₹1600 is sold for ₹2400. What is the profit per cent?
  34. 34.A shopkeeper buys a watch for ₹2750 and sells it for ₹2490. What is the loss (in ₹)?
  35. 35.What is the simple interest on ₹2400 at 7% per year for 3 years (in ₹)?
  36. 36.What is the simple interest on ₹7800 at 11% per year for 2 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹8200 at 3% per year for 1 year (in ₹)?
  38. 38.A sewing machine costs ₹2600. It is sold at a 40% profit. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹7400 at 10% per year for 1 year (in ₹)?
  40. 40.A fan bought for ₹1300 is sold for ₹1456. What is the profit per cent?

Answer key

  1. 25
  2. 10
  3. 1615
  4. 1957
  5. 2945
  6. 6696
  7. 3248
  8. 60
  9. 1716
  10. 110
  11. 8528
  12. 210
  13. 40
  14. 9752
  15. 595
  16. 2530
  17. 910
  18. 4550
  19. 8928
  20. 4810
  21. 534
  22. 54
  23. 280
  24. 84
  25. 4290
  26. 1750
  27. 675
  28. 50
  29. 3296
  30. 260
  31. 4944
  32. 15
  33. 50
  34. 260
  35. 504
  36. 1716
  37. 8446
  38. 3640
  39. 8140
  40. 12

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