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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 714 · 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.What is 95% of 920?
  2. 2.What is 25% of 860?
  3. 3.What is the simple interest on ₹4100 at 6% per year for 1 year (in ₹)?
  4. 4.What is 25% of 840?
  5. 5.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1630. What is the profit (in ₹)?
  6. 6.What is the simple interest on ₹2300 at 3% per year for 4 years (in ₹)?
  7. 7.A cycle costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
  8. 8.What is 15% of 680?
  9. 9.A cooler costs ₹800. It is sold at a 20% loss. What is the selling price (in ₹)?
  10. 10.A cycle costs ₹1800. It is sold at a 30% profit. What is the selling price (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹1600 at 6% per year for 1 year (in ₹)?
  12. 12.What is the simple interest on ₹7700 at 3% per year for 2 years (in ₹)?
  13. 13.A cooler costs ₹1400. It is sold at a 10% loss. What is the selling price (in ₹)?
  14. 14.What is the simple interest on ₹2600 at 11% per year for 2 years (in ₹)?
  15. 15.A cycle bought for ₹2500 is sold for ₹2200. What is the loss per cent?
  16. 16.A shopkeeper buys a fan for ₹2600 and sells it for ₹2620. What is the profit (in ₹)?
  17. 17.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹1280. What is the profit (in ₹)?
  18. 18.What is 95% of 560?
  19. 19.What is 15% of 920?
  20. 20.What is the amount (principal + simple interest) on ₹4500 at 5% per year for 1 year (in ₹)?
  21. 21.A watch bought for ₹3600 is sold for ₹3420. What is the loss per cent?
  22. 22.What is the simple interest on ₹8500 at 6% per year for 5 years (in ₹)?
  23. 23.A cooler costs ₹3100. It is sold at a 10% profit. What is the selling price (in ₹)?
  24. 24.A sewing machine costs ₹2500. It is sold at a 25% profit. What is the selling price (in ₹)?
  25. 25.A table costs ₹2800. It is sold at a 10% profit. What is the selling price (in ₹)?
  26. 26.A fan bought for ₹3200 is sold for ₹2880. What is the loss per cent?
  27. 27.A shopkeeper buys a cooler for ₹550 and sells it for ₹260. What is the loss (in ₹)?
  28. 28.A cycle costs ₹3300. It is sold at a 20% profit. What is the selling price (in ₹)?
  29. 29.What is 45% of 900?
  30. 30.A cricket kit costs ₹1200. It is sold at a 5% loss. What is the selling price (in ₹)?
  31. 31.What is 20% of 60?
  32. 32.What is the simple interest on ₹1700 at 3% per year for 4 years (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹1800 and sells it for ₹1780. What is the loss (in ₹)?
  34. 34.A cooler bought for ₹400 is sold for ₹240. What is the loss per cent?
  35. 35.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹790. What is the profit (in ₹)?
  36. 36.A table bought for ₹1000 is sold for ₹880. What is the loss per cent?
  37. 37.What is 85% of 640?
  38. 38.What is 25% of 140?
  39. 39.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2110. What is the loss (in ₹)?
  40. 40.A fan bought for ₹2900 is sold for ₹3190. What is the profit per cent?

Answer key

  1. 874
  2. 215
  3. 246
  4. 210
  5. 130
  6. 276
  7. 3220
  8. 102
  9. 640
  10. 2340
  11. 1696
  12. 462
  13. 1260
  14. 572
  15. 12
  16. 20
  17. 230
  18. 532
  19. 138
  20. 4725
  21. 5
  22. 2550
  23. 3410
  24. 3125
  25. 3080
  26. 10
  27. 290
  28. 3960
  29. 405
  30. 1140
  31. 12
  32. 204
  33. 20
  34. 40
  35. 40
  36. 12
  37. 544
  38. 35
  39. 240
  40. 10

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