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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 796 · 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 cooler costs ₹400. It is sold at a 10% loss. What is the selling price (in ₹)?
  2. 2.A mobile phone costs ₹2700. It is sold at a 30% loss. What is the selling price (in ₹)?
  3. 3.A shopkeeper buys a watch for ₹1300 and sells it for ₹1360. What is the profit (in ₹)?
  4. 4.A watch bought for ₹2300 is sold for ₹3450. What is the profit per cent?
  5. 5.What is the amount (principal + simple interest) on ₹3200 at 11% per year for 1 year (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹800 at 3% per year for 4 years (in ₹)?
  7. 7.What is 20% of 200?
  8. 8.What is 15% of 500?
  9. 9.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹2050. What is the profit (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹1700 at 10% per year for 5 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹2700 at 11% per year for 5 years (in ₹)?
  12. 12.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1250. What is the loss (in ₹)?
  13. 13.A table bought for ₹1100 is sold for ₹1155. What is the profit per cent?
  14. 14.What is the amount (principal + simple interest) on ₹8100 at 12% per year for 4 years (in ₹)?
  15. 15.A mobile phone bought for ₹2200 is sold for ₹2090. What is the loss per cent?
  16. 16.The price of a cricket ball changed from ₹200 to ₹220. What is the percentage increase?
  17. 17.What is the simple interest on ₹1400 at 10% per year for 2 years (in ₹)?
  18. 18.What is the simple interest on ₹8700 at 9% per year for 1 year (in ₹)?
  19. 19.What is 60% of 560?
  20. 20.The price of a bus pass changed from ₹40 to ₹70. What is the percentage increase?
  21. 21.A sewing machine costs ₹2700. It is sold at a 20% profit. What is the selling price (in ₹)?
  22. 22.The price of a school bag changed from ₹400 to ₹480. What is the percentage increase?
  23. 23.What is the amount (principal + simple interest) on ₹3100 at 12% per year for 5 years (in ₹)?
  24. 24.What is 55% of 340?
  25. 25.What is 40% of 460?
  26. 26.A sewing machine costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹9500 at 5% per year for 5 years (in ₹)?
  28. 28.A table bought for ₹400 is sold for ₹320. What is the loss per cent?
  29. 29.What is the simple interest on ₹5800 at 7% per year for 1 year (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 1 year (in ₹)?
  31. 31.What is 5% of 660?
  32. 32.What is the simple interest on ₹2100 at 12% per year for 5 years (in ₹)?
  33. 33.The price of a cricket ball changed from ₹100 to ₹105. What is the percentage increase?
  34. 34.What is the amount (principal + simple interest) on ₹9400 at 5% per year for 3 years (in ₹)?
  35. 35.A cricket kit costs ₹2200. It is sold at a 40% loss. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹8300 at 6% per year for 3 years (in ₹)?
  37. 37.What is 45% of 300?
  38. 38.What is the amount (principal + simple interest) on ₹9100 at 7% per year for 1 year (in ₹)?
  39. 39.A cooler bought for ₹2400 is sold for ₹1800. What is the loss per cent?
  40. 40.What is 30% of 140?

Answer key

  1. 360
  2. 1890
  3. 60
  4. 50
  5. 3552
  6. 896
  7. 40
  8. 75
  9. 250
  10. 2550
  11. 4185
  12. 100
  13. 5
  14. 11988
  15. 5
  16. 10
  17. 280
  18. 783
  19. 336
  20. 75
  21. 3240
  22. 20
  23. 4960
  24. 187
  25. 184
  26. 150
  27. 2375
  28. 20
  29. 406
  30. 6630
  31. 33
  32. 1260
  33. 5
  34. 10810
  35. 1320
  36. 9794
  37. 135
  38. 9737
  39. 25
  40. 42

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