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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 725 · 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 cricket kit bought for ₹1500 is sold for ₹1800. What is the profit per cent?
  2. 2.A cricket kit costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
  3. 3.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?
  4. 4.A cycle costs ₹3800. It is sold at a 30% loss. What is the selling price (in ₹)?
  5. 5.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1310. What is the loss (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹6800 at 8% per year for 4 years (in ₹)?
  7. 7.What is 10% of 120?
  8. 8.The price of a pair of shoes changed from ₹500 to ₹875. What is the percentage increase?
  9. 9.The price of a school bag changed from ₹40 to ₹64. What is the percentage increase?
  10. 10.The price of a pair of shoes changed from ₹80 to ₹104. What is the percentage increase?
  11. 11.A cycle costs ₹3900. It is sold at a 15% loss. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹50. What is the loss (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹4800 at 4% per year for 3 years (in ₹)?
  14. 14.A mobile phone bought for ₹2400 is sold for ₹2160. What is the loss per cent?
  15. 15.A mobile phone bought for ₹3600 is sold for ₹3420. What is the loss per cent?
  16. 16.What is 35% of 220?
  17. 17.What is the amount (principal + simple interest) on ₹2000 at 3% per year for 5 years (in ₹)?
  18. 18.The price of a school bag changed from ₹80 to ₹96. What is the percentage increase?
  19. 19.What is 95% of 900?
  20. 20.What is the amount (principal + simple interest) on ₹4300 at 8% per year for 5 years (in ₹)?
  21. 21.What is the simple interest on ₹1600 at 3% per year for 2 years (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹500 at 3% per year for 1 year (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹1100 at 9% per year for 5 years (in ₹)?
  24. 24.A mobile phone costs ₹800. It is sold at a 10% profit. What is the selling price (in ₹)?
  25. 25.A mobile phone costs ₹1800. It is sold at a 25% profit. What is the selling price (in ₹)?
  26. 26.A fan costs ₹3300. It is sold at a 5% loss. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹6400 at 5% per year for 4 years (in ₹)?
  28. 28.What is the simple interest on ₹6300 at 8% per year for 2 years (in ₹)?
  29. 29.A shopkeeper buys a cycle for ₹1400 and sells it for ₹1250. What is the loss (in ₹)?
  30. 30.What is 35% of 460?
  31. 31.What is the simple interest on ₹600 at 11% per year for 4 years (in ₹)?
  32. 32.What is the simple interest on ₹3900 at 10% per year for 4 years (in ₹)?
  33. 33.The price of a cricket ball changed from ₹25 to ₹5. What is the percentage decrease?
  34. 34.What is 5% of 120?
  35. 35.What is the simple interest on ₹1200 at 12% per year for 2 years (in ₹)?
  36. 36.A watch bought for ₹3200 is sold for ₹2880. What is the loss per cent?
  37. 37.What is the amount (principal + simple interest) on ₹9200 at 2% per year for 2 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹3300 at 4% per year for 2 years (in ₹)?
  39. 39.The price of a bus pass changed from ₹500 to ₹505. What is the percentage increase?
  40. 40.The price of a box of mangoes changed from ₹20 to ₹22. What is the percentage increase?

Answer key

  1. 20
  2. 3600
  3. 50
  4. 2660
  5. 140
  6. 8976
  7. 12
  8. 75
  9. 60
  10. 30
  11. 3315
  12. 250
  13. 5376
  14. 10
  15. 5
  16. 77
  17. 2300
  18. 20
  19. 855
  20. 6020
  21. 96
  22. 515
  23. 1595
  24. 880
  25. 2250
  26. 3135
  27. 1280
  28. 1008
  29. 150
  30. 161
  31. 264
  32. 1560
  33. 80
  34. 6
  35. 288
  36. 10
  37. 9568
  38. 3564
  39. 1
  40. 10

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