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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 635 · 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 ₹300 is sold for ₹375. What is the profit per cent?
  2. 2.What is the amount (principal + simple interest) on ₹7400 at 10% per year for 2 years (in ₹)?
  3. 3.What is 20% of 680?
  4. 4.What is the amount (principal + simple interest) on ₹3200 at 9% per year for 5 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 1 year (in ₹)?
  6. 6.A fan bought for ₹2800 is sold for ₹2940. What is the profit per cent?
  7. 7.What is the simple interest on ₹1600 at 7% per year for 5 years (in ₹)?
  8. 8.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1290. What is the profit (in ₹)?
  9. 9.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹470. What is the loss (in ₹)?
  10. 10.A shopkeeper buys a fan for ₹1300 and sells it for ₹1550. What is the profit (in ₹)?
  11. 11.A watch costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
  12. 12.What is 10% of 80?
  13. 13.What is 10% of 820?
  14. 14.The price of a water bottle changed from ₹40 to ₹44. What is the percentage increase?
  15. 15.The price of a school bag changed from ₹80 to ₹120. What is the percentage increase?
  16. 16.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 5 years (in ₹)?
  17. 17.What is 75% of 60?
  18. 18.A table bought for ₹400 is sold for ₹560. What is the profit per cent?
  19. 19.What is the amount (principal + simple interest) on ₹6800 at 8% per year for 4 years (in ₹)?
  20. 20.A fan bought for ₹500 is sold for ₹600. What is the profit per cent?
  21. 21.What is the simple interest on ₹2300 at 4% per year for 4 years (in ₹)?
  22. 22.A shopkeeper buys a sewing machine for ₹1400 and sells it for ₹1540. What is the profit (in ₹)?
  23. 23.A sewing machine costs ₹1700. It is sold at a 15% profit. What is the selling price (in ₹)?
  24. 24.What is 25% of 180?
  25. 25.The price of a water bottle changed from ₹200 to ₹350. What is the percentage increase?
  26. 26.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
  27. 27.What is the amount (principal + simple interest) on ₹900 at 11% per year for 4 years (in ₹)?
  28. 28.A shopkeeper buys a cooler for ₹450 and sells it for ₹620. What is the profit (in ₹)?
  29. 29.The price of a pair of shoes changed from ₹80 to ₹144. What is the percentage increase?
  30. 30.What is 45% of 340?
  31. 31.What is 45% of 640?
  32. 32.What is 30% of 80?
  33. 33.The price of a bus pass changed from ₹20 to ₹16. What is the percentage decrease?
  34. 34.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹1990. What is the loss (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹2000 at 7% per year for 2 years (in ₹)?
  36. 36.What is the simple interest on ₹7400 at 2% per year for 3 years (in ₹)?
  37. 37.A watch bought for ₹1300 is sold for ₹780. What is the loss per cent?
  38. 38.A cycle bought for ₹1100 is sold for ₹968. What is the loss per cent?
  39. 39.What is the amount (principal + simple interest) on ₹2400 at 7% per year for 3 years (in ₹)?
  40. 40.What is 5% of 420?

Answer key

  1. 25
  2. 8880
  3. 136
  4. 4640
  5. 3190
  6. 5
  7. 560
  8. 40
  9. 30
  10. 250
  11. 1568
  12. 8
  13. 82
  14. 10
  15. 50
  16. 5720
  17. 45
  18. 40
  19. 8976
  20. 20
  21. 368
  22. 140
  23. 1955
  24. 45
  25. 75
  26. 20
  27. 1296
  28. 170
  29. 80
  30. 153
  31. 288
  32. 24
  33. 20
  34. 260
  35. 2280
  36. 444
  37. 40
  38. 12
  39. 2904
  40. 21

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