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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 623 · 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 bought for ₹200 is sold for ₹300. What is the profit per cent?
  2. 2.A cooler costs ₹3200. It is sold at a 40% loss. What is the selling price (in ₹)?
  3. 3.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
  4. 4.What is 10% of 700?
  5. 5.What is the simple interest on ₹6300 at 4% per year for 1 year (in ₹)?
  6. 6.What is 65% of 300?
  7. 7.What is 85% of 840?
  8. 8.A cricket kit bought for ₹900 is sold for ₹765. What is the loss per cent?
  9. 9.A shopkeeper buys a sewing machine for ₹2450 and sells it for ₹2660. What is the profit (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹8900 at 8% per year for 1 year (in ₹)?
  11. 11.A sewing machine costs ₹600. It is sold at a 30% loss. What is the selling price (in ₹)?
  12. 12.The price of a bus pass changed from ₹100 to ₹125. What is the percentage increase?
  13. 13.What is the simple interest on ₹9200 at 9% per year for 5 years (in ₹)?
  14. 14.A mobile phone costs ₹1100. It is sold at a 12% profit. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹2800 at 9% per year for 1 year (in ₹)?
  16. 16.What is 20% of 100?
  17. 17.The price of a school bag changed from ₹80 to ₹32. What is the percentage decrease?
  18. 18.A cricket kit costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1720. What is the profit (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹6900 at 12% per year for 1 year (in ₹)?
  21. 21.The price of a bus pass changed from ₹80 to ₹60. What is the percentage decrease?
  22. 22.What is 55% of 860?
  23. 23.A cycle costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a table for ₹1350 and sells it for ₹1090. What is the loss (in ₹)?
  25. 25.What is the simple interest on ₹1100 at 5% per year for 3 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹6200 at 11% per year for 4 years (in ₹)?
  27. 27.A mobile phone costs ₹1100. It is sold at a 5% profit. What is the selling price (in ₹)?
  28. 28.What is the simple interest on ₹4300 at 8% per year for 1 year (in ₹)?
  29. 29.What is the simple interest on ₹5700 at 5% per year for 4 years (in ₹)?
  30. 30.A shopkeeper buys a fan for ₹1200 and sells it for ₹1290. What is the profit (in ₹)?
  31. 31.A mobile phone bought for ₹800 is sold for ₹1000. What is the profit per cent?
  32. 32.A sewing machine bought for ₹700 is sold for ₹735. What is the profit per cent?
  33. 33.What is the amount (principal + simple interest) on ₹9200 at 11% per year for 3 years (in ₹)?
  34. 34.A shopkeeper buys a table for ₹2600 and sells it for ₹2580. What is the loss (in ₹)?
  35. 35.The price of a water bottle changed from ₹40 to ₹8. What is the percentage decrease?
  36. 36.A shopkeeper buys a cycle for ₹850 and sells it for ₹920. What is the profit (in ₹)?
  37. 37.What is 10% of 160?
  38. 38.A fan bought for ₹200 is sold for ₹240. What is the profit per cent?
  39. 39.What is the simple interest on ₹3000 at 9% per year for 1 year (in ₹)?
  40. 40.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹1470. What is the profit (in ₹)?

Answer key

  1. 50
  2. 1920
  3. 40
  4. 70
  5. 252
  6. 195
  7. 714
  8. 15
  9. 210
  10. 9612
  11. 420
  12. 25
  13. 4140
  14. 1232
  15. 252
  16. 20
  17. 60
  18. 210
  19. 70
  20. 7728
  21. 25
  22. 473
  23. 3220
  24. 260
  25. 165
  26. 8928
  27. 1155
  28. 344
  29. 1140
  30. 90
  31. 25
  32. 5
  33. 12236
  34. 20
  35. 80
  36. 70
  37. 16
  38. 20
  39. 270
  40. 270

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