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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 664 · 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 ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1790. What is the profit (in ₹)?
  3. 3.The price of a box of mangoes changed from ₹20 to ₹28. What is the percentage increase?
  4. 4.What is the simple interest on ₹6300 at 12% per year for 2 years (in ₹)?
  5. 5.What is the simple interest on ₹500 at 5% per year for 1 year (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹3600 at 3% per year for 3 years (in ₹)?
  7. 7.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2890. What is the profit (in ₹)?
  8. 8.A fan costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
  9. 9.What is 5% of 400?
  10. 10.The price of a box of mangoes changed from ₹25 to ₹5. What is the percentage decrease?
  11. 11.What is 5% of 720?
  12. 12.What is the simple interest on ₹2600 at 4% per year for 4 years (in ₹)?
  13. 13.The price of a bus pass changed from ₹500 to ₹495. What is the percentage decrease?
  14. 14.A mobile phone costs ₹3000. It is sold at a 15% profit. What is the selling price (in ₹)?
  15. 15.A cricket kit bought for ₹2200 is sold for ₹2640. What is the profit per cent?
  16. 16.What is 10% of 180?
  17. 17.A cycle bought for ₹3400 is sold for ₹4760. What is the profit per cent?
  18. 18.What is the amount (principal + simple interest) on ₹7400 at 12% per year for 1 year (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹6700 at 2% per year for 3 years (in ₹)?
  20. 20.A fan bought for ₹1500 is sold for ₹1875. What is the profit per cent?
  21. 21.What is the simple interest on ₹2200 at 11% per year for 1 year (in ₹)?
  22. 22.A shopkeeper buys a table for ₹700 and sells it for ₹830. What is the profit (in ₹)?
  23. 23.The price of a box of mangoes changed from ₹200 to ₹220. What is the percentage increase?
  24. 24.What is 85% of 560?
  25. 25.A shopkeeper buys a cooler for ₹200 and sells it for ₹40. What is the loss (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹6300 at 2% per year for 1 year (in ₹)?
  27. 27.A sewing machine costs ₹2600. It is sold at a 40% loss. What is the selling price (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹8500 at 8% per year for 4 years (in ₹)?
  29. 29.The price of a box of mangoes changed from ₹250 to ₹200. What is the percentage decrease?
  30. 30.A shopkeeper buys a sewing machine for ₹1150 and sells it for ₹940. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹1150. What is the profit (in ₹)?
  32. 32.What is 85% of 220?
  33. 33.The price of a school bag changed from ₹50 to ₹40. What is the percentage decrease?
  34. 34.A cricket kit costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
  35. 35.A mobile phone costs ₹900. It is sold at a 12% profit. What is the selling price (in ₹)?
  36. 36.A sewing machine bought for ₹2900 is sold for ₹2320. What is the loss per cent?
  37. 37.What is the amount (principal + simple interest) on ₹3700 at 6% per year for 3 years (in ₹)?
  38. 38.A cooler bought for ₹2700 is sold for ₹2295. What is the loss per cent?
  39. 39.The price of a bus pass changed from ₹500 to ₹950. What is the percentage increase?
  40. 40.What is the amount (principal + simple interest) on ₹1100 at 10% per year for 4 years (in ₹)?

Answer key

  1. 3248
  2. 40
  3. 40
  4. 1512
  5. 25
  6. 3924
  7. 190
  8. 3600
  9. 20
  10. 80
  11. 36
  12. 416
  13. 1
  14. 3450
  15. 20
  16. 18
  17. 40
  18. 8288
  19. 7102
  20. 25
  21. 242
  22. 130
  23. 10
  24. 476
  25. 160
  26. 6426
  27. 1560
  28. 11220
  29. 20
  30. 210
  31. 50
  32. 187
  33. 20
  34. 1105
  35. 1008
  36. 20
  37. 4366
  38. 15
  39. 90
  40. 1540

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