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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 69 · 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 shopkeeper buys a cooler for ₹500 and sells it for ₹750. What is the profit (in ₹)?
  2. 2.What is 95% of 340?
  3. 3.A shopkeeper buys a watch for ₹400 and sells it for ₹470. What is the profit (in ₹)?
  4. 4.What is 60% of 760?
  5. 5.The price of a pair of shoes changed from ₹200 to ₹280. What is the percentage increase?
  6. 6.A cycle costs ₹500. It is sold at a 30% profit. What is the selling price (in ₹)?
  7. 7.What is 95% of 860?
  8. 8.What is the amount (principal + simple interest) on ₹9500 at 9% per year for 1 year (in ₹)?
  9. 9.The price of a bus pass changed from ₹80 to ₹56. What is the percentage decrease?
  10. 10.What is the amount (principal + simple interest) on ₹3200 at 2% per year for 1 year (in ₹)?
  11. 11.A fan costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹5800 at 10% per year for 3 years (in ₹)?
  13. 13.What is 40% of 620?
  14. 14.A cricket kit costs ₹3700. It is sold at a 10% loss. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹5300 at 11% per year for 1 year (in ₹)?
  16. 16.A fan costs ₹1700. It is sold at a 10% profit. What is the selling price (in ₹)?
  17. 17.A cycle costs ₹1500. It is sold at a 40% loss. What is the selling price (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹9200 at 3% per year for 5 years (in ₹)?
  19. 19.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹610. What is the profit (in ₹)?
  20. 20.What is 15% of 940?
  21. 21.A mobile phone costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
  22. 22.What is 5% of 280?
  23. 23.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2310. What is the profit (in ₹)?
  24. 24.What is the simple interest on ₹5900 at 5% per year for 1 year (in ₹)?
  25. 25.A mobile phone bought for ₹3300 is sold for ₹2904. What is the loss per cent?
  26. 26.A cricket kit costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
  27. 27.The price of a bus pass changed from ₹250 to ₹475. What is the percentage increase?
  28. 28.What is the amount (principal + simple interest) on ₹8200 at 12% per year for 3 years (in ₹)?
  29. 29.The price of a water bottle changed from ₹200 to ₹120. What is the percentage decrease?
  30. 30.What is the amount (principal + simple interest) on ₹6700 at 6% per year for 4 years (in ₹)?
  31. 31.A fan costs ₹800. It is sold at a 10% profit. What is the selling price (in ₹)?
  32. 32.What is 20% of 580?
  33. 33.What is the amount (principal + simple interest) on ₹3800 at 10% per year for 4 years (in ₹)?
  34. 34.What is 70% of 720?
  35. 35.What is the amount (principal + simple interest) on ₹2600 at 11% per year for 4 years (in ₹)?
  36. 36.What is the simple interest on ₹3900 at 8% per year for 4 years (in ₹)?
  37. 37.What is 75% of 820?
  38. 38.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1330. What is the loss (in ₹)?
  39. 39.The price of a pair of shoes changed from ₹50 to ₹49. What is the percentage decrease?
  40. 40.What is the simple interest on ₹9900 at 11% per year for 1 year (in ₹)?

Answer key

  1. 250
  2. 323
  3. 70
  4. 456
  5. 40
  6. 650
  7. 817
  8. 10355
  9. 30
  10. 3264
  11. 2250
  12. 7540
  13. 248
  14. 3330
  15. 583
  16. 1870
  17. 900
  18. 10580
  19. 10
  20. 141
  21. 1500
  22. 14
  23. 10
  24. 295
  25. 12
  26. 1350
  27. 90
  28. 11152
  29. 40
  30. 8308
  31. 880
  32. 116
  33. 5320
  34. 504
  35. 3744
  36. 1248
  37. 615
  38. 170
  39. 2
  40. 1089

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