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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 7 · 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 ₹200 is sold for ₹260. What is the profit per cent?
  2. 2.What is the simple interest on ₹5600 at 3% per year for 5 years (in ₹)?
  3. 3.The price of a cricket ball changed from ₹400 to ₹300. What is the percentage decrease?
  4. 4.What is the simple interest on ₹1700 at 9% per year for 5 years (in ₹)?
  5. 5.A watch costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹3100 at 9% per year for 4 years (in ₹)?
  7. 7.A fan costs ₹2300. It is sold at a 25% loss. What is the selling price (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹5900 at 4% per year for 4 years (in ₹)?
  9. 9.A cooler costs ₹3700. It is sold at a 10% profit. What is the selling price (in ₹)?
  10. 10.What is 35% of 1000?
  11. 11.What is the simple interest on ₹8700 at 4% per year for 4 years (in ₹)?
  12. 12.A table costs ₹300. It is sold at a 40% loss. What is the selling price (in ₹)?
  13. 13.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹150. What is the loss (in ₹)?
  14. 14.The price of a water bottle changed from ₹80 to ₹40. What is the percentage decrease?
  15. 15.A shopkeeper buys a cycle for ₹1950 and sells it for ₹2180. What is the profit (in ₹)?
  16. 16.A cooler bought for ₹2100 is sold for ₹1260. What is the loss per cent?
  17. 17.A fan bought for ₹900 is sold for ₹540. What is the loss per cent?
  18. 18.What is 80% of 560?
  19. 19.What is 80% of 340?
  20. 20.What is the amount (principal + simple interest) on ₹8500 at 7% per year for 2 years (in ₹)?
  21. 21.What is the simple interest on ₹4600 at 10% per year for 5 years (in ₹)?
  22. 22.The price of a school bag changed from ₹50 to ₹51. What is the percentage increase?
  23. 23.The price of a school bag changed from ₹200 to ₹280. What is the percentage increase?
  24. 24.What is the amount (principal + simple interest) on ₹6400 at 5% per year for 2 years (in ₹)?
  25. 25.A cooler costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
  26. 26.What is 65% of 80?
  27. 27.What is the amount (principal + simple interest) on ₹3100 at 12% per year for 1 year (in ₹)?
  28. 28.A table bought for ₹900 is sold for ₹792. What is the loss per cent?
  29. 29.A sewing machine costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
  30. 30.What is the simple interest on ₹4500 at 12% per year for 2 years (in ₹)?
  31. 31.A shopkeeper buys a table for ₹1850 and sells it for ₹1820. What is the loss (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹700 at 5% per year for 4 years (in ₹)?
  33. 33.The price of a bus pass changed from ₹20 to ₹22. What is the percentage increase?
  34. 34.What is 20% of 860?
  35. 35.What is the simple interest on ₹5300 at 10% per year for 5 years (in ₹)?
  36. 36.What is the simple interest on ₹700 at 8% per year for 2 years (in ₹)?
  37. 37.A sewing machine costs ₹1300. It is sold at a 20% loss. What is the selling price (in ₹)?
  38. 38.A sewing machine costs ₹2000. It is sold at a 5% profit. What is the selling price (in ₹)?
  39. 39.The price of a school bag changed from ₹100 to ₹130. What is the percentage increase?
  40. 40.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2460. What is the profit (in ₹)?

Answer key

  1. 30
  2. 840
  3. 25
  4. 765
  5. 550
  6. 4216
  7. 1725
  8. 6844
  9. 4070
  10. 350
  11. 1392
  12. 180
  13. 300
  14. 50
  15. 230
  16. 40
  17. 40
  18. 448
  19. 272
  20. 9690
  21. 2300
  22. 2
  23. 40
  24. 7040
  25. 935
  26. 52
  27. 3472
  28. 12
  29. 2310
  30. 1080
  31. 30
  32. 840
  33. 10
  34. 172
  35. 2650
  36. 112
  37. 1040
  38. 2100
  39. 30
  40. 260

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