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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 802 · 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 table costs ₹200. It is sold at a 50% profit. What is the selling price (in ₹)?
  2. 2.What is 75% of 280?
  3. 3.A watch costs ₹3500. It is sold at a 15% profit. What is the selling price (in ₹)?
  4. 4.A mobile phone bought for ₹800 is sold for ₹1200. What is the profit per cent?
  5. 5.A sewing machine costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹9200 at 6% per year for 2 years (in ₹)?
  7. 7.What is 70% of 140?
  8. 8.What is 55% of 440?
  9. 9.What is the simple interest on ₹7700 at 7% per year for 3 years (in ₹)?
  10. 10.A shopkeeper buys a watch for ₹2400 and sells it for ₹2540. What is the profit (in ₹)?
  11. 11.What is 55% of 880?
  12. 12.A cycle costs ₹3900. It is sold at a 15% profit. What is the selling price (in ₹)?
  13. 13.The price of a pair of shoes changed from ₹50 to ₹5. What is the percentage decrease?
  14. 14.What is the amount (principal + simple interest) on ₹600 at 3% per year for 2 years (in ₹)?
  15. 15.The price of a water bottle changed from ₹250 to ₹275. What is the percentage increase?
  16. 16.What is the amount (principal + simple interest) on ₹3800 at 7% per year for 3 years (in ₹)?
  17. 17.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹580. What is the loss (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹8700 at 7% per year for 1 year (in ₹)?
  19. 19.A shopkeeper buys a cycle for ₹2150 and sells it for ₹2280. What is the profit (in ₹)?
  20. 20.What is 60% of 260?
  21. 21.A watch bought for ₹300 is sold for ₹255. What is the loss per cent?
  22. 22.A cycle bought for ₹3600 is sold for ₹4500. What is the profit per cent?
  23. 23.The price of a pair of shoes changed from ₹250 to ₹475. What is the percentage increase?
  24. 24.A watch bought for ₹3000 is sold for ₹3450. What is the profit per cent?
  25. 25.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1370. What is the loss (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹6100 at 5% per year for 4 years (in ₹)?
  27. 27.What is the simple interest on ₹8300 at 9% per year for 3 years (in ₹)?
  28. 28.A sewing machine costs ₹1000. It is sold at a 15% profit. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1610. What is the profit (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹1900 at 8% per year for 1 year (in ₹)?
  31. 31.What is 5% of 340?
  32. 32.What is the simple interest on ₹6000 at 7% per year for 4 years (in ₹)?
  33. 33.A cricket kit costs ₹800. It is sold at a 20% loss. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹5500 at 4% per year for 4 years (in ₹)?
  35. 35.A mobile phone costs ₹1400. It is sold at a 40% profit. What is the selling price (in ₹)?
  36. 36.A table costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹20 to ₹26. What is the percentage increase?
  38. 38.A shopkeeper buys a fan for ₹1700 and sells it for ₹1610. What is the loss (in ₹)?
  39. 39.A shopkeeper buys a fan for ₹2400 and sells it for ₹2230. What is the loss (in ₹)?
  40. 40.The price of a cricket ball changed from ₹400 to ₹560. What is the percentage increase?

Answer key

  1. 300
  2. 210
  3. 4025
  4. 50
  5. 1500
  6. 10304
  7. 98
  8. 242
  9. 1617
  10. 140
  11. 484
  12. 4485
  13. 90
  14. 636
  15. 10
  16. 4598
  17. 270
  18. 9309
  19. 130
  20. 156
  21. 15
  22. 25
  23. 90
  24. 15
  25. 280
  26. 7320
  27. 2241
  28. 1150
  29. 110
  30. 2052
  31. 17
  32. 1680
  33. 640
  34. 6380
  35. 1960
  36. 900
  37. 30
  38. 90
  39. 170
  40. 40

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