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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 811 · 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 sewing machine costs ₹3900. It is sold at a 50% loss. What is the selling price (in ₹)?
  2. 2.A watch costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹7800 at 11% per year for 5 years (in ₹)?
  4. 4.A shopkeeper buys a fan for ₹1350 and sells it for ₹1590. What is the profit (in ₹)?
  5. 5.What is the simple interest on ₹6100 at 8% per year for 1 year (in ₹)?
  6. 6.What is the simple interest on ₹6900 at 3% per year for 4 years (in ₹)?
  7. 7.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹2120. What is the profit (in ₹)?
  8. 8.What is 85% of 740?
  9. 9.What is 65% of 640?
  10. 10.A fan bought for ₹800 is sold for ₹896. What is the profit per cent?
  11. 11.A cooler bought for ₹300 is sold for ₹240. What is the loss per cent?
  12. 12.A cricket kit costs ₹1200. It is sold at a 40% profit. What is the selling price (in ₹)?
  13. 13.A watch bought for ₹1400 is sold for ₹1120. What is the loss per cent?
  14. 14.A mobile phone costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
  15. 15.What is 20% of 600?
  16. 16.What is the simple interest on ₹4400 at 3% per year for 4 years (in ₹)?
  17. 17.What is the simple interest on ₹1400 at 4% per year for 1 year (in ₹)?
  18. 18.What is the simple interest on ₹6600 at 2% per year for 2 years (in ₹)?
  19. 19.What is 30% of 640?
  20. 20.What is the simple interest on ₹1600 at 7% per year for 1 year (in ₹)?
  21. 21.What is the simple interest on ₹3200 at 4% per year for 1 year (in ₹)?
  22. 22.A mobile phone bought for ₹2500 is sold for ₹3000. What is the profit per cent?
  23. 23.What is 85% of 60?
  24. 24.A sewing machine bought for ₹2500 is sold for ₹2625. What is the profit per cent?
  25. 25.What is the simple interest on ₹8300 at 2% per year for 5 years (in ₹)?
  26. 26.A sewing machine costs ₹200. It is sold at a 12% loss. What is the selling price (in ₹)?
  27. 27.The price of a pair of shoes changed from ₹20 to ₹2. What is the percentage decrease?
  28. 28.What is 95% of 560?
  29. 29.A cooler costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹6100 at 5% per year for 2 years (in ₹)?
  31. 31.The price of a bus pass changed from ₹80 to ₹140. What is the percentage increase?
  32. 32.A cricket kit costs ₹3200. It is sold at a 20% loss. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹8900 at 9% per year for 1 year (in ₹)?
  34. 34.A cricket kit costs ₹3400. It is sold at a 30% profit. What is the selling price (in ₹)?
  35. 35.What is the simple interest on ₹9100 at 10% per year for 2 years (in ₹)?
  36. 36.What is 40% of 220?
  37. 37.What is the amount (principal + simple interest) on ₹2300 at 10% per year for 1 year (in ₹)?
  38. 38.What is the simple interest on ₹4300 at 5% per year for 1 year (in ₹)?
  39. 39.The price of a school bag changed from ₹400 to ₹408. What is the percentage increase?
  40. 40.The price of a cricket ball changed from ₹20 to ₹12. What is the percentage decrease?

Answer key

  1. 1950
  2. 1792
  3. 12090
  4. 240
  5. 488
  6. 828
  7. 120
  8. 629
  9. 416
  10. 12
  11. 20
  12. 1680
  13. 20
  14. 2520
  15. 120
  16. 528
  17. 56
  18. 264
  19. 192
  20. 112
  21. 128
  22. 20
  23. 51
  24. 5
  25. 830
  26. 176
  27. 90
  28. 532
  29. 910
  30. 6710
  31. 75
  32. 2560
  33. 801
  34. 4420
  35. 1820
  36. 88
  37. 2530
  38. 215
  39. 2
  40. 40

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