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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 609 · 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 cycle costs ₹1800. It is sold at a 10% profit. What is the selling price (in ₹)?
  2. 2.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
  3. 3.A watch costs ₹1000. It is sold at a 5% profit. What is the selling price (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹7800 at 9% per year for 3 years (in ₹)?
  5. 5.A watch costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
  6. 6.A table bought for ₹2300 is sold for ₹1955. What is the loss per cent?
  7. 7.What is 85% of 960?
  8. 8.What is the simple interest on ₹8200 at 2% per year for 3 years (in ₹)?
  9. 9.What is the simple interest on ₹3000 at 7% per year for 5 years (in ₹)?
  10. 10.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2460. What is the profit (in ₹)?
  11. 11.What is the simple interest on ₹5400 at 4% per year for 1 year (in ₹)?
  12. 12.The price of a water bottle changed from ₹20 to ₹15. What is the percentage decrease?
  13. 13.The price of a box of mangoes changed from ₹20 to ₹38. What is the percentage increase?
  14. 14.What is 95% of 560?
  15. 15.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1310. What is the profit (in ₹)?
  16. 16.A mobile phone costs ₹3000. It is sold at a 20% profit. What is the selling price (in ₹)?
  17. 17.What is 10% of 80?
  18. 18.A fan bought for ₹2900 is sold for ₹1740. What is the loss per cent?
  19. 19.What is the amount (principal + simple interest) on ₹700 at 5% per year for 1 year (in ₹)?
  20. 20.What is 65% of 120?
  21. 21.What is the simple interest on ₹9700 at 4% per year for 3 years (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹7900 at 8% per year for 1 year (in ₹)?
  23. 23.What is the simple interest on ₹800 at 2% per year for 4 years (in ₹)?
  24. 24.The price of a school bag changed from ₹400 to ₹760. What is the percentage increase?
  25. 25.A shopkeeper buys a watch for ₹650 and sells it for ₹730. What is the profit (in ₹)?
  26. 26.What is the simple interest on ₹8700 at 5% per year for 3 years (in ₹)?
  27. 27.A watch bought for ₹2800 is sold for ₹1680. What is the loss per cent?
  28. 28.A cricket kit costs ₹1800. It is sold at a 5% profit. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a table for ₹2250 and sells it for ₹2330. What is the profit (in ₹)?
  30. 30.A shopkeeper buys a cycle for ₹1900 and sells it for ₹1760. What is the loss (in ₹)?
  31. 31.What is the simple interest on ₹9100 at 3% per year for 3 years (in ₹)?
  32. 32.A cycle bought for ₹1500 is sold for ₹1575. What is the profit per cent?
  33. 33.What is the simple interest on ₹2500 at 4% per year for 5 years (in ₹)?
  34. 34.A shopkeeper buys a fan for ₹200 and sells it for ₹220. What is the profit (in ₹)?
  35. 35.The price of a cricket ball changed from ₹500 to ₹250. What is the percentage decrease?
  36. 36.What is the amount (principal + simple interest) on ₹8400 at 8% per year for 2 years (in ₹)?
  37. 37.The price of a box of mangoes changed from ₹50 to ₹35. What is the percentage decrease?
  38. 38.What is 5% of 280?
  39. 39.A mobile phone costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
  40. 40.What is the simple interest on ₹5800 at 4% per year for 1 year (in ₹)?

Answer key

  1. 1980
  2. 60
  3. 1050
  4. 9906
  5. 3190
  6. 15
  7. 816
  8. 492
  9. 1050
  10. 60
  11. 216
  12. 25
  13. 90
  14. 532
  15. 60
  16. 3600
  17. 8
  18. 40
  19. 735
  20. 78
  21. 1164
  22. 8532
  23. 64
  24. 90
  25. 80
  26. 1305
  27. 40
  28. 1890
  29. 80
  30. 140
  31. 819
  32. 5
  33. 500
  34. 20
  35. 50
  36. 9744
  37. 30
  38. 14
  39. 315
  40. 232

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