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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 631 · 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 sewing machine bought for ₹900 is sold for ₹1350. What is the profit per cent?
  2. 2.What is 45% of 780?
  3. 3.A shopkeeper buys a table for ₹1200 and sells it for ₹1280. What is the profit (in ₹)?
  4. 4.A mobile phone costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
  5. 5.The price of a school bag changed from ₹500 to ₹505. What is the percentage increase?
  6. 6.What is 35% of 300?
  7. 7.A cycle bought for ₹1400 is sold for ₹2100. What is the profit per cent?
  8. 8.What is the amount (principal + simple interest) on ₹2200 at 5% per year for 1 year (in ₹)?
  9. 9.What is 15% of 320?
  10. 10.What is the simple interest on ₹2000 at 2% per year for 3 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹9300 at 10% per year for 1 year (in ₹)?
  12. 12.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹910. What is the profit (in ₹)?
  13. 13.What is 15% of 620?
  14. 14.What is 10% of 420?
  15. 15.What is the simple interest on ₹5100 at 3% per year for 3 years (in ₹)?
  16. 16.The price of a bus pass changed from ₹100 to ₹80. What is the percentage decrease?
  17. 17.A cycle costs ₹700. It is sold at a 30% profit. What is the selling price (in ₹)?
  18. 18.A shopkeeper buys a table for ₹1650 and sells it for ₹1880. What is the profit (in ₹)?
  19. 19.A shopkeeper buys a watch for ₹1900 and sells it for ₹2140. What is the profit (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹7600 at 2% per year for 4 years (in ₹)?
  21. 21.What is the simple interest on ₹6300 at 8% per year for 2 years (in ₹)?
  22. 22.What is 95% of 420?
  23. 23.What is 5% of 520?
  24. 24.What is 55% of 920?
  25. 25.The price of a cricket ball changed from ₹250 to ₹350. What is the percentage increase?
  26. 26.A mobile phone bought for ₹1100 is sold for ₹550. What is the loss per cent?
  27. 27.A watch bought for ₹900 is sold for ₹945. What is the profit per cent?
  28. 28.A shopkeeper buys a cycle for ₹950 and sells it for ₹770. What is the loss (in ₹)?
  29. 29.A cooler costs ₹800. It is sold at a 30% loss. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹590. What is the loss (in ₹)?
  31. 31.What is the simple interest on ₹3800 at 4% per year for 5 years (in ₹)?
  32. 32.A table costs ₹3100. It is sold at a 50% profit. What is the selling price (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹3700 at 9% per year for 4 years (in ₹)?
  34. 34.A table costs ₹2600. It is sold at a 50% loss. What is the selling price (in ₹)?
  35. 35.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1340. What is the profit (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹1100 at 10% per year for 1 year (in ₹)?
  37. 37.What is 45% of 340?
  38. 38.What is the amount (principal + simple interest) on ₹5600 at 9% per year for 2 years (in ₹)?
  39. 39.What is 75% of 340?
  40. 40.A mobile phone bought for ₹500 is sold for ₹650. What is the profit per cent?

Answer key

  1. 50
  2. 351
  3. 80
  4. 1100
  5. 1
  6. 105
  7. 50
  8. 2310
  9. 48
  10. 120
  11. 10230
  12. 210
  13. 93
  14. 42
  15. 459
  16. 20
  17. 910
  18. 230
  19. 240
  20. 8208
  21. 1008
  22. 399
  23. 26
  24. 506
  25. 40
  26. 50
  27. 5
  28. 180
  29. 560
  30. 260
  31. 760
  32. 4650
  33. 5032
  34. 1300
  35. 140
  36. 1210
  37. 153
  38. 6608
  39. 255
  40. 30

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