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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 833 · 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 ₹3600. It is sold at a 20% loss. What is the selling price (in ₹)?
  2. 2.What is 25% of 160?
  3. 3.A cricket kit costs ₹4000. It is sold at a 10% profit. What is the selling price (in ₹)?
  4. 4.A sewing machine costs ₹2500. It is sold at a 30% loss. What is the selling price (in ₹)?
  5. 5.The price of a box of mangoes changed from ₹500 to ₹100. What is the percentage decrease?
  6. 6.A mobile phone costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
  7. 7.A watch costs ₹1500. It is sold at a 15% loss. What is the selling price (in ₹)?
  8. 8.The price of a water bottle changed from ₹500 to ₹510. What is the percentage increase?
  9. 9.A cricket kit costs ₹1700. It is sold at a 12% loss. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1420. What is the loss (in ₹)?
  11. 11.A cricket kit bought for ₹500 is sold for ₹700. What is the profit per cent?
  12. 12.A mobile phone bought for ₹1200 is sold for ₹900. What is the loss per cent?
  13. 13.What is the amount (principal + simple interest) on ₹1800 at 5% per year for 1 year (in ₹)?
  14. 14.The price of a cricket ball changed from ₹50 to ₹45. What is the percentage decrease?
  15. 15.What is 55% of 560?
  16. 16.A shopkeeper buys a cooler for ₹2300 and sells it for ₹2600. What is the profit (in ₹)?
  17. 17.What is the simple interest on ₹1200 at 2% per year for 2 years (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹3500 at 12% per year for 4 years (in ₹)?
  19. 19.The price of a school bag changed from ₹400 to ₹404. What is the percentage increase?
  20. 20.What is the simple interest on ₹9200 at 5% per year for 4 years (in ₹)?
  21. 21.A sewing machine costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
  22. 22.What is the simple interest on ₹6500 at 6% per year for 2 years (in ₹)?
  23. 23.What is the simple interest on ₹3900 at 8% per year for 1 year (in ₹)?
  24. 24.The price of a school bag changed from ₹20 to ₹14. What is the percentage decrease?
  25. 25.A watch costs ₹200. It is sold at a 50% profit. What is the selling price (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹3100 at 3% per year for 1 year (in ₹)?
  27. 27.A mobile phone costs ₹2900. It is sold at a 20% loss. What is the selling price (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹7100 at 11% per year for 3 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹5300 at 5% per year for 2 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹6600 at 8% per year for 4 years (in ₹)?
  31. 31.What is 35% of 580?
  32. 32.A sewing machine costs ₹3200. It is sold at a 5% profit. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹500 and sells it for ₹520. What is the profit (in ₹)?
  34. 34.What is the simple interest on ₹1700 at 2% per year for 3 years (in ₹)?
  35. 35.What is the simple interest on ₹9500 at 9% per year for 3 years (in ₹)?
  36. 36.The price of a water bottle changed from ₹250 to ₹400. What is the percentage increase?
  37. 37.A shopkeeper buys a mobile phone for ₹900 and sells it for ₹840. What is the loss (in ₹)?
  38. 38.A watch costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹6400 at 3% per year for 4 years (in ₹)?
  40. 40.What is the simple interest on ₹3900 at 5% per year for 1 year (in ₹)?

Answer key

  1. 2880
  2. 40
  3. 4400
  4. 1750
  5. 80
  6. 210
  7. 1275
  8. 2
  9. 1496
  10. 30
  11. 40
  12. 25
  13. 1890
  14. 10
  15. 308
  16. 300
  17. 48
  18. 5180
  19. 1
  20. 1840
  21. 910
  22. 780
  23. 312
  24. 30
  25. 300
  26. 3193
  27. 2320
  28. 9443
  29. 5830
  30. 8712
  31. 203
  32. 3360
  33. 20
  34. 102
  35. 2565
  36. 60
  37. 60
  38. 5320
  39. 7168
  40. 195

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