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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 797 · 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 ₹2800 is sold for ₹1960. What is the loss per cent?
  2. 2.What is 75% of 980?
  3. 3.What is the amount (principal + simple interest) on ₹2800 at 3% per year for 2 years (in ₹)?
  4. 4.What is 60% of 680?
  5. 5.What is 45% of 580?
  6. 6.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹580. What is the loss (in ₹)?
  7. 7.A watch costs ₹200. It is sold at a 20% profit. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2820. What is the profit (in ₹)?
  9. 9.What is the simple interest on ₹8800 at 10% per year for 2 years (in ₹)?
  10. 10.What is the simple interest on ₹4600 at 10% per year for 3 years (in ₹)?
  11. 11.What is 25% of 620?
  12. 12.A shopkeeper buys a table for ₹2650 and sells it for ₹2640. What is the loss (in ₹)?
  13. 13.What is the simple interest on ₹9200 at 10% per year for 4 years (in ₹)?
  14. 14.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2250. What is the loss (in ₹)?
  15. 15.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹570. What is the loss (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 5 years (in ₹)?
  17. 17.What is the simple interest on ₹2800 at 6% per year for 3 years (in ₹)?
  18. 18.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2380. What is the profit (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹8700 at 4% per year for 1 year (in ₹)?
  20. 20.The price of a box of mangoes changed from ₹40 to ₹48. What is the percentage increase?
  21. 21.A cycle costs ₹500. It is sold at a 25% loss. What is the selling price (in ₹)?
  22. 22.A sewing machine bought for ₹1900 is sold for ₹1710. What is the loss per cent?
  23. 23.A cooler costs ₹3000. It is sold at a 30% profit. What is the selling price (in ₹)?
  24. 24.A cooler bought for ₹2600 is sold for ₹3640. What is the profit per cent?
  25. 25.What is 95% of 900?
  26. 26.What is 55% of 860?
  27. 27.What is the simple interest on ₹800 at 11% per year for 4 years (in ₹)?
  28. 28.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1180. What is the loss (in ₹)?
  29. 29.What is the simple interest on ₹1400 at 3% per year for 1 year (in ₹)?
  30. 30.What is 10% of 640?
  31. 31.What is 15% of 1000?
  32. 32.What is the amount (principal + simple interest) on ₹5100 at 10% per year for 3 years (in ₹)?
  33. 33.A shopkeeper buys a watch for ₹1850 and sells it for ₹1860. What is the profit (in ₹)?
  34. 34.What is 35% of 200?
  35. 35.What is 45% of 180?
  36. 36.What is the simple interest on ₹9700 at 9% per year for 3 years (in ₹)?
  37. 37.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2220. What is the profit (in ₹)?
  38. 38.A shopkeeper buys a cooler for ₹2950 and sells it for ₹3170. What is the profit (in ₹)?
  39. 39.A mobile phone costs ₹3200. It is sold at a 20% profit. What is the selling price (in ₹)?
  40. 40.What is 40% of 620?

Answer key

  1. 30
  2. 735
  3. 2968
  4. 408
  5. 261
  6. 70
  7. 240
  8. 70
  9. 1760
  10. 1380
  11. 155
  12. 10
  13. 3680
  14. 50
  15. 280
  16. 5520
  17. 504
  18. 180
  19. 9048
  20. 20
  21. 375
  22. 10
  23. 3900
  24. 40
  25. 855
  26. 473
  27. 352
  28. 70
  29. 42
  30. 64
  31. 150
  32. 6630
  33. 10
  34. 70
  35. 81
  36. 2619
  37. 20
  38. 220
  39. 3840
  40. 248

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