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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 56 · 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 30% of 160?
  2. 2.A shopkeeper buys a fan for ₹2600 and sells it for ₹2690. What is the profit (in ₹)?
  3. 3.What is 15% of 680?
  4. 4.A fan bought for ₹3500 is sold for ₹2100. What is the loss per cent?
  5. 5.A cycle bought for ₹1800 is sold for ₹1350. What is the loss per cent?
  6. 6.What is the amount (principal + simple interest) on ₹6900 at 9% per year for 1 year (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹3100 at 10% per year for 1 year (in ₹)?
  8. 8.A shopkeeper buys a fan for ₹2100 and sells it for ₹1950. What is the loss (in ₹)?
  9. 9.What is 20% of 880?
  10. 10.What is the simple interest on ₹5300 at 7% per year for 3 years (in ₹)?
  11. 11.A table bought for ₹3600 is sold for ₹5040. What is the profit per cent?
  12. 12.What is the simple interest on ₹8100 at 3% per year for 1 year (in ₹)?
  13. 13.What is 15% of 320?
  14. 14.What is the amount (principal + simple interest) on ₹1200 at 10% per year for 3 years (in ₹)?
  15. 15.The price of a bus pass changed from ₹250 to ₹245. What is the percentage decrease?
  16. 16.A fan costs ₹1600. It is sold at a 40% loss. What is the selling price (in ₹)?
  17. 17.What is the simple interest on ₹900 at 10% per year for 3 years (in ₹)?
  18. 18.What is 20% of 160?
  19. 19.A cycle costs ₹2700. It is sold at a 15% loss. What is the selling price (in ₹)?
  20. 20.A table costs ₹1100. It is sold at a 50% profit. What is the selling price (in ₹)?
  21. 21.The price of a school bag changed from ₹400 to ₹700. What is the percentage increase?
  22. 22.A table costs ₹3100. It is sold at a 25% loss. What is the selling price (in ₹)?
  23. 23.What is the simple interest on ₹7400 at 7% per year for 4 years (in ₹)?
  24. 24.What is 25% of 680?
  25. 25.The price of a bus pass changed from ₹500 to ₹650. What is the percentage increase?
  26. 26.The price of a cricket ball changed from ₹50 to ₹90. What is the percentage increase?
  27. 27.What is the simple interest on ₹3100 at 2% per year for 4 years (in ₹)?
  28. 28.A shopkeeper buys a table for ₹1800 and sells it for ₹2060. What is the profit (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹9200 at 4% per year for 3 years (in ₹)?
  30. 30.What is 60% of 160?
  31. 31.A mobile phone bought for ₹3400 is sold for ₹3570. What is the profit per cent?
  32. 32.What is the amount (principal + simple interest) on ₹9700 at 9% per year for 4 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹2300 at 5% per year for 1 year (in ₹)?
  34. 34.The price of a pair of shoes changed from ₹50 to ₹65. What is the percentage increase?
  35. 35.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1770. What is the profit (in ₹)?
  36. 36.A fan costs ₹400. It is sold at a 20% profit. What is the selling price (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹25 to ₹35. What is the percentage increase?
  38. 38.The price of a pair of shoes changed from ₹80 to ₹88. What is the percentage increase?
  39. 39.A cooler costs ₹200. It is sold at a 10% loss. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a fan for ₹1850 and sells it for ₹2100. What is the profit (in ₹)?

Answer key

  1. 48
  2. 90
  3. 102
  4. 40
  5. 25
  6. 7521
  7. 3410
  8. 150
  9. 176
  10. 1113
  11. 40
  12. 243
  13. 48
  14. 1560
  15. 2
  16. 960
  17. 270
  18. 32
  19. 2295
  20. 1650
  21. 75
  22. 2325
  23. 2072
  24. 170
  25. 30
  26. 80
  27. 248
  28. 260
  29. 10304
  30. 96
  31. 5
  32. 13192
  33. 2415
  34. 30
  35. 270
  36. 480
  37. 40
  38. 10
  39. 180
  40. 250

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