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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 814 · 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 mobile phone costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹6100 at 10% per year for 1 year (in ₹)?
  3. 3.What is 55% of 980?
  4. 4.A sewing machine costs ₹1600. It is sold at a 30% profit. What is the selling price (in ₹)?
  5. 5.What is the simple interest on ₹5900 at 9% per year for 4 years (in ₹)?
  6. 6.A watch costs ₹200. It is sold at a 30% loss. What is the selling price (in ₹)?
  7. 7.A cricket kit bought for ₹1700 is sold for ₹1530. What is the loss per cent?
  8. 8.A shopkeeper buys a fan for ₹750 and sells it for ₹620. What is the loss (in ₹)?
  9. 9.A cricket kit bought for ₹3400 is sold for ₹3060. What is the loss per cent?
  10. 10.The price of a bus pass changed from ₹250 to ₹225. What is the percentage decrease?
  11. 11.What is the simple interest on ₹3800 at 10% per year for 1 year (in ₹)?
  12. 12.What is the simple interest on ₹2600 at 10% per year for 3 years (in ₹)?
  13. 13.A table bought for ₹4000 is sold for ₹4480. What is the profit per cent?
  14. 14.What is the amount (principal + simple interest) on ₹6100 at 2% per year for 2 years (in ₹)?
  15. 15.A cooler costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
  16. 16.What is the simple interest on ₹1100 at 7% per year for 5 years (in ₹)?
  17. 17.A sewing machine bought for ₹3800 is sold for ₹4560. What is the profit per cent?
  18. 18.The price of a school bag changed from ₹250 to ₹475. What is the percentage increase?
  19. 19.What is the simple interest on ₹1300 at 12% per year for 1 year (in ₹)?
  20. 20.The price of a box of mangoes changed from ₹200 to ₹350. What is the percentage increase?
  21. 21.A mobile phone bought for ₹500 is sold for ₹650. What is the profit per cent?
  22. 22.What is the amount (principal + simple interest) on ₹5100 at 6% per year for 4 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹3000 at 6% per year for 2 years (in ₹)?
  24. 24.What is 5% of 900?
  25. 25.A shopkeeper buys a cooler for ₹2950 and sells it for ₹3090. What is the profit (in ₹)?
  26. 26.A shopkeeper buys a sewing machine for ₹2600 and sells it for ₹2790. What is the profit (in ₹)?
  27. 27.What is 85% of 420?
  28. 28.The price of a school bag changed from ₹80 to ₹64. What is the percentage decrease?
  29. 29.What is the simple interest on ₹5400 at 10% per year for 4 years (in ₹)?
  30. 30.A shopkeeper buys a watch for ₹1700 and sells it for ₹1720. What is the profit (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹8700 at 4% per year for 1 year (in ₹)?
  32. 32.What is the simple interest on ₹3900 at 2% per year for 3 years (in ₹)?
  33. 33.A fan bought for ₹1100 is sold for ₹968. What is the loss per cent?
  34. 34.What is the simple interest on ₹8900 at 11% per year for 1 year (in ₹)?
  35. 35.What is 80% of 100?
  36. 36.A cycle bought for ₹1500 is sold for ₹1350. What is the loss per cent?
  37. 37.The price of a box of mangoes changed from ₹25 to ₹35. What is the percentage increase?
  38. 38.The price of a water bottle changed from ₹80 to ₹112. What is the percentage increase?
  39. 39.What is 10% of 400?
  40. 40.The price of a cricket ball changed from ₹100 to ₹130. What is the percentage increase?

Answer key

  1. 2000
  2. 6710
  3. 539
  4. 2080
  5. 2124
  6. 140
  7. 10
  8. 130
  9. 10
  10. 10
  11. 380
  12. 780
  13. 12
  14. 6344
  15. 380
  16. 385
  17. 20
  18. 90
  19. 156
  20. 75
  21. 30
  22. 6324
  23. 3360
  24. 45
  25. 140
  26. 190
  27. 357
  28. 20
  29. 2160
  30. 20
  31. 9048
  32. 234
  33. 12
  34. 979
  35. 80
  36. 10
  37. 40
  38. 40
  39. 40
  40. 30

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