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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 807 · 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.What is the simple interest on ₹8600 at 2% per year for 5 years (in ₹)?
  2. 2.A cooler bought for ₹2400 is sold for ₹3120. What is the profit per cent?
  3. 3.What is 25% of 660?
  4. 4.A mobile phone bought for ₹2700 is sold for ₹2835. What is the profit per cent?
  5. 5.The price of a bus pass changed from ₹250 to ₹400. What is the percentage increase?
  6. 6.What is 65% of 780?
  7. 7.A watch costs ₹3400. It is sold at a 10% loss. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹3200 at 12% per year for 2 years (in ₹)?
  9. 9.What is the simple interest on ₹3100 at 4% per year for 2 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹5900 at 8% per year for 3 years (in ₹)?
  11. 11.A fan costs ₹3100. It is sold at a 10% profit. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a table for ₹2900 and sells it for ₹2950. What is the profit (in ₹)?
  13. 13.A fan costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
  14. 14.What is 10% of 920?
  15. 15.What is the simple interest on ₹500 at 8% per year for 1 year (in ₹)?
  16. 16.What is 10% of 460?
  17. 17.A mobile phone bought for ₹800 is sold for ₹760. What is the loss per cent?
  18. 18.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1530. What is the profit (in ₹)?
  19. 19.A cooler costs ₹1200. It is sold at a 12% loss. What is the selling price (in ₹)?
  20. 20.A cricket kit costs ₹2800. It is sold at a 25% profit. What is the selling price (in ₹)?
  21. 21.What is 85% of 600?
  22. 22.The price of a cricket ball changed from ₹100 to ₹102. What is the percentage increase?
  23. 23.A mobile phone bought for ₹1500 is sold for ₹1050. What is the loss per cent?
  24. 24.A table bought for ₹500 is sold for ₹525. What is the profit per cent?
  25. 25.A shopkeeper buys a watch for ₹350 and sells it for ₹110. What is the loss (in ₹)?
  26. 26.What is the simple interest on ₹500 at 7% per year for 1 year (in ₹)?
  27. 27.A table bought for ₹3400 is sold for ₹5100. What is the profit per cent?
  28. 28.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2810. What is the profit (in ₹)?
  29. 29.The price of a water bottle changed from ₹400 to ₹396. What is the percentage decrease?
  30. 30.The price of a school bag changed from ₹200 to ₹280. What is the percentage increase?
  31. 31.A shopkeeper buys a cooler for ₹600 and sells it for ₹470. What is the loss (in ₹)?
  32. 32.A sewing machine bought for ₹2400 is sold for ₹2760. What is the profit per cent?
  33. 33.What is the simple interest on ₹7200 at 12% per year for 2 years (in ₹)?
  34. 34.The price of a pair of shoes changed from ₹20 to ₹18. What is the percentage decrease?
  35. 35.What is 60% of 960?
  36. 36.What is 30% of 860?
  37. 37.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
  38. 38.A sewing machine costs ₹2100. It is sold at a 50% profit. What is the selling price (in ₹)?
  39. 39.The price of a pair of shoes changed from ₹100 to ₹175. What is the percentage increase?
  40. 40.What is the amount (principal + simple interest) on ₹1700 at 2% per year for 5 years (in ₹)?

Answer key

  1. 860
  2. 30
  3. 165
  4. 5
  5. 60
  6. 507
  7. 3060
  8. 768
  9. 248
  10. 7316
  11. 3410
  12. 50
  13. 1760
  14. 92
  15. 40
  16. 46
  17. 5
  18. 30
  19. 1056
  20. 3500
  21. 510
  22. 2
  23. 30
  24. 5
  25. 240
  26. 35
  27. 50
  28. 260
  29. 1
  30. 40
  31. 130
  32. 15
  33. 1728
  34. 10
  35. 576
  36. 258
  37. 60
  38. 3150
  39. 75
  40. 1870

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