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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 813 · 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 watch costs ₹600. It is sold at a 30% loss. What is the selling price (in ₹)?
  2. 2.What is 10% of 60?
  3. 3.What is 60% of 380?
  4. 4.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1370. What is the profit (in ₹)?
  5. 5.What is the simple interest on ₹1200 at 8% per year for 5 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹6800 at 7% per year for 1 year (in ₹)?
  7. 7.A cricket kit costs ₹1600. It is sold at a 12% loss. What is the selling price (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹8900 at 5% per year for 3 years (in ₹)?
  9. 9.The price of a school bag changed from ₹200 to ₹360. What is the percentage increase?
  10. 10.A cooler costs ₹2900. It is sold at a 12% loss. What is the selling price (in ₹)?
  11. 11.A fan bought for ₹1200 is sold for ₹1080. What is the loss per cent?
  12. 12.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2800. What is the profit (in ₹)?
  13. 13.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹460. What is the profit (in ₹)?
  14. 14.What is the simple interest on ₹9200 at 8% per year for 1 year (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹3200 at 9% per year for 1 year (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹3800 at 11% per year for 5 years (in ₹)?
  17. 17.A shopkeeper buys a cycle for ₹300 and sells it for ₹430. What is the profit (in ₹)?
  18. 18.A cooler costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
  19. 19.A cooler bought for ₹2100 is sold for ₹2730. What is the profit per cent?
  20. 20.A fan bought for ₹1800 is sold for ₹1980. What is the profit per cent?
  21. 21.What is the simple interest on ₹2400 at 10% per year for 5 years (in ₹)?
  22. 22.The price of a school bag changed from ₹500 to ₹490. What is the percentage decrease?
  23. 23.A mobile phone bought for ₹3800 is sold for ₹4560. What is the profit per cent?
  24. 24.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2900. What is the profit (in ₹)?
  25. 25.A table costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
  26. 26.What is the simple interest on ₹2100 at 3% per year for 2 years (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹2100 at 6% per year for 4 years (in ₹)?
  28. 28.What is 40% of 500?
  29. 29.A cycle bought for ₹1200 is sold for ₹720. What is the loss per cent?
  30. 30.A cricket kit bought for ₹3200 is sold for ₹3840. What is the profit per cent?
  31. 31.A mobile phone costs ₹3600. It is sold at a 12% profit. What is the selling price (in ₹)?
  32. 32.What is the simple interest on ₹8000 at 3% per year for 5 years (in ₹)?
  33. 33.A shopkeeper buys a fan for ₹600 and sells it for ₹310. What is the loss (in ₹)?
  34. 34.What is 10% of 320?
  35. 35.What is 55% of 920?
  36. 36.A cycle bought for ₹500 is sold for ₹650. What is the profit per cent?
  37. 37.What is 5% of 100?
  38. 38.A shopkeeper buys a watch for ₹2500 and sells it for ₹2510. What is the profit (in ₹)?
  39. 39.What is 90% of 860?
  40. 40.What is the simple interest on ₹1600 at 12% per year for 1 year (in ₹)?

Answer key

  1. 420
  2. 6
  3. 228
  4. 70
  5. 480
  6. 7276
  7. 1408
  8. 10235
  9. 80
  10. 2552
  11. 10
  12. 150
  13. 10
  14. 736
  15. 3488
  16. 5890
  17. 130
  18. 5320
  19. 30
  20. 10
  21. 1200
  22. 2
  23. 20
  24. 250
  25. 1100
  26. 126
  27. 2604
  28. 200
  29. 40
  30. 20
  31. 4032
  32. 1200
  33. 290
  34. 32
  35. 506
  36. 30
  37. 5
  38. 10
  39. 774
  40. 192

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