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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 798 · 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 cycle costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
  2. 2.A table bought for ₹200 is sold for ₹280. What is the profit per cent?
  3. 3.What is the amount (principal + simple interest) on ₹800 at 8% per year for 5 years (in ₹)?
  4. 4.A cycle bought for ₹200 is sold for ₹260. What is the profit per cent?
  5. 5.What is the simple interest on ₹4400 at 11% per year for 3 years (in ₹)?
  6. 6.What is the simple interest on ₹9600 at 12% per year for 3 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹800 at 12% per year for 5 years (in ₹)?
  8. 8.A sewing machine costs ₹1500. It is sold at a 12% profit. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a watch for ₹2950 and sells it for ₹2820. What is the loss (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹7400 at 2% per year for 2 years (in ₹)?
  11. 11.What is the simple interest on ₹3500 at 11% per year for 2 years (in ₹)?
  12. 12.A cycle bought for ₹3300 is sold for ₹2640. What is the loss per cent?
  13. 13.A table bought for ₹1700 is sold for ₹1530. What is the loss per cent?
  14. 14.A shopkeeper buys a watch for ₹1350 and sells it for ₹1290. What is the loss (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹3000 at 3% per year for 5 years (in ₹)?
  16. 16.What is the simple interest on ₹1000 at 12% per year for 2 years (in ₹)?
  17. 17.A table bought for ₹1700 is sold for ₹1020. What is the loss per cent?
  18. 18.What is the simple interest on ₹4200 at 10% per year for 5 years (in ₹)?
  19. 19.A table costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
  20. 20.What is the simple interest on ₹1400 at 9% per year for 2 years (in ₹)?
  21. 21.What is 55% of 260?
  22. 22.What is 40% of 160?
  23. 23.What is 65% of 800?
  24. 24.The price of a school bag changed from ₹40 to ₹24. What is the percentage decrease?
  25. 25.A sewing machine bought for ₹3400 is sold for ₹3230. What is the loss per cent?
  26. 26.What is the amount (principal + simple interest) on ₹6600 at 6% per year for 5 years (in ₹)?
  27. 27.A cooler costs ₹1100. It is sold at a 10% profit. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a cooler for ₹250 and sells it for ₹490. What is the profit (in ₹)?
  29. 29.What is the simple interest on ₹600 at 8% per year for 5 years (in ₹)?
  30. 30.The price of a pair of shoes changed from ₹500 to ₹950. What is the percentage increase?
  31. 31.A shopkeeper buys a fan for ₹2550 and sells it for ₹2770. What is the profit (in ₹)?
  32. 32.A cricket kit bought for ₹2900 is sold for ₹3625. What is the profit per cent?
  33. 33.A shopkeeper buys a mobile phone for ₹2950 and sells it for ₹3140. What is the profit (in ₹)?
  34. 34.A cricket kit costs ₹1600. It is sold at a 15% loss. What is the selling price (in ₹)?
  35. 35.What is 20% of 740?
  36. 36.What is the amount (principal + simple interest) on ₹8200 at 10% per year for 1 year (in ₹)?
  37. 37.What is 5% of 520?
  38. 38.What is 55% of 40?
  39. 39.What is 20% of 280?
  40. 40.The price of a school bag changed from ₹500 to ₹750. What is the percentage increase?

Answer key

  1. 880
  2. 40
  3. 1120
  4. 30
  5. 1452
  6. 3456
  7. 1280
  8. 1680
  9. 130
  10. 7696
  11. 770
  12. 20
  13. 10
  14. 60
  15. 3450
  16. 240
  17. 40
  18. 2100
  19. 750
  20. 252
  21. 143
  22. 64
  23. 520
  24. 40
  25. 5
  26. 8580
  27. 1210
  28. 240
  29. 240
  30. 90
  31. 220
  32. 25
  33. 190
  34. 1360
  35. 148
  36. 9020
  37. 26
  38. 22
  39. 56
  40. 50

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