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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 795 · 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 sewing machine bought for ₹1500 is sold for ₹1680. What is the profit per cent?
  2. 2.A cycle costs ₹3000. It is sold at a 25% profit. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹1500 at 7% per year for 2 years (in ₹)?
  4. 4.What is the simple interest on ₹1500 at 10% per year for 3 years (in ₹)?
  5. 5.What is 25% of 640?
  6. 6.What is the amount (principal + simple interest) on ₹9800 at 12% per year for 1 year (in ₹)?
  7. 7.A cricket kit costs ₹3600. It is sold at a 25% loss. What is the selling price (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 2 years (in ₹)?
  9. 9.A mobile phone bought for ₹300 is sold for ₹240. What is the loss per cent?
  10. 10.A sewing machine costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
  11. 11.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
  12. 12.What is the amount (principal + simple interest) on ₹7400 at 9% per year for 2 years (in ₹)?
  13. 13.A shopkeeper buys a watch for ₹1300 and sells it for ₹1230. What is the loss (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹6500 at 8% per year for 5 years (in ₹)?
  15. 15.A shopkeeper buys a watch for ₹2100 and sells it for ₹2170. What is the profit (in ₹)?
  16. 16.A shopkeeper buys a table for ₹650 and sells it for ₹610. What is the loss (in ₹)?
  17. 17.What is the simple interest on ₹4300 at 2% per year for 4 years (in ₹)?
  18. 18.A sewing machine costs ₹400. It is sold at a 25% profit. What is the selling price (in ₹)?
  19. 19.A cooler costs ₹1400. It is sold at a 10% loss. What is the selling price (in ₹)?
  20. 20.What is the simple interest on ₹3900 at 3% per year for 3 years (in ₹)?
  21. 21.What is 80% of 100?
  22. 22.What is the simple interest on ₹2200 at 3% per year for 3 years (in ₹)?
  23. 23.A cooler costs ₹2500. It is sold at a 50% loss. What is the selling price (in ₹)?
  24. 24.The price of a school bag changed from ₹100 to ₹70. What is the percentage decrease?
  25. 25.A sewing machine costs ₹3400. It is sold at a 50% profit. What is the selling price (in ₹)?
  26. 26.What is 70% of 200?
  27. 27.What is the amount (principal + simple interest) on ₹10000 at 10% per year for 3 years (in ₹)?
  28. 28.A fan costs ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹6800 at 4% per year for 3 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹4400 at 4% per year for 4 years (in ₹)?
  31. 31.What is 40% of 840?
  32. 32.The price of a cricket ball changed from ₹500 to ₹300. What is the percentage decrease?
  33. 33.The price of a pair of shoes changed from ₹400 to ₹40. What is the percentage decrease?
  34. 34.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 1 year (in ₹)?
  35. 35.What is the simple interest on ₹800 at 8% per year for 2 years (in ₹)?
  36. 36.What is the simple interest on ₹1900 at 5% per year for 4 years (in ₹)?
  37. 37.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1380. What is the loss (in ₹)?
  38. 38.A shopkeeper buys a watch for ₹1950 and sells it for ₹1850. What is the loss (in ₹)?
  39. 39.A table bought for ₹200 is sold for ₹224. What is the profit per cent?
  40. 40.What is 55% of 60?

Answer key

  1. 12
  2. 3750
  3. 210
  4. 450
  5. 160
  6. 10976
  7. 2700
  8. 1232
  9. 20
  10. 900
  11. 80
  12. 8732
  13. 70
  14. 9100
  15. 70
  16. 40
  17. 344
  18. 500
  19. 1260
  20. 351
  21. 80
  22. 198
  23. 1250
  24. 30
  25. 5100
  26. 140
  27. 13000
  28. 3248
  29. 7616
  30. 5104
  31. 336
  32. 40
  33. 90
  34. 2266
  35. 128
  36. 380
  37. 270
  38. 100
  39. 12
  40. 33

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