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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 845 · 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 shopkeeper buys a mobile phone for ₹1900 and sells it for ₹2070. What is the profit (in ₹)?
  2. 2.What is 85% of 640?
  3. 3.A watch bought for ₹4000 is sold for ₹3520. What is the loss per cent?
  4. 4.A table bought for ₹200 is sold for ₹280. What is the profit per cent?
  5. 5.A shopkeeper buys a fan for ₹200 and sells it for ₹360. What is the profit (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹5900 at 3% per year for 4 years (in ₹)?
  7. 7.What is the simple interest on ₹4000 at 12% per year for 3 years (in ₹)?
  8. 8.A mobile phone costs ₹2700. It is sold at a 5% profit. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a table for ₹2700 and sells it for ₹2960. What is the profit (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹9100 at 2% per year for 1 year (in ₹)?
  11. 11.What is 20% of 160?
  12. 12.What is the amount (principal + simple interest) on ₹9600 at 6% per year for 3 years (in ₹)?
  13. 13.What is 60% of 320?
  14. 14.A fan bought for ₹3200 is sold for ₹2880. What is the loss per cent?
  15. 15.What is the simple interest on ₹6800 at 2% per year for 5 years (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹4100 at 12% per year for 1 year (in ₹)?
  17. 17.What is the simple interest on ₹9400 at 10% per year for 1 year (in ₹)?
  18. 18.The price of a school bag changed from ₹40 to ₹38. What is the percentage decrease?
  19. 19.What is the amount (principal + simple interest) on ₹7300 at 6% per year for 4 years (in ₹)?
  20. 20.A fan bought for ₹2500 is sold for ₹3000. What is the profit per cent?
  21. 21.A sewing machine costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
  22. 22.What is 60% of 440?
  23. 23.What is the amount (principal + simple interest) on ₹5300 at 10% per year for 5 years (in ₹)?
  24. 24.What is the simple interest on ₹6900 at 11% per year for 2 years (in ₹)?
  25. 25.The price of a pair of shoes changed from ₹500 to ₹475. What is the percentage decrease?
  26. 26.A shopkeeper buys a fan for ₹1200 and sells it for ₹1150. What is the loss (in ₹)?
  27. 27.A cycle costs ₹2900. It is sold at a 25% profit. What is the selling price (in ₹)?
  28. 28.What is the simple interest on ₹6100 at 10% per year for 3 years (in ₹)?
  29. 29.A mobile phone bought for ₹2800 is sold for ₹3136. What is the profit per cent?
  30. 30.What is 85% of 740?
  31. 31.What is the amount (principal + simple interest) on ₹6600 at 6% per year for 1 year (in ₹)?
  32. 32.A mobile phone costs ₹2500. It is sold at a 25% profit. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹5000 at 3% per year for 1 year (in ₹)?
  34. 34.What is 80% of 80?
  35. 35.A watch costs ₹300. It is sold at a 40% loss. What is the selling price (in ₹)?
  36. 36.What is 15% of 960?
  37. 37.The price of a school bag changed from ₹100 to ₹140. What is the percentage increase?
  38. 38.A sewing machine bought for ₹900 is sold for ₹810. What is the loss per cent?
  39. 39.What is 15% of 300?
  40. 40.The price of a bus pass changed from ₹20 to ₹19. What is the percentage decrease?

Answer key

  1. 170
  2. 544
  3. 12
  4. 40
  5. 160
  6. 6608
  7. 1440
  8. 2835
  9. 260
  10. 9282
  11. 32
  12. 11328
  13. 192
  14. 10
  15. 680
  16. 4592
  17. 940
  18. 5
  19. 9052
  20. 20
  21. 1710
  22. 264
  23. 7950
  24. 1518
  25. 5
  26. 50
  27. 3625
  28. 1830
  29. 12
  30. 629
  31. 6996
  32. 3125
  33. 150
  34. 64
  35. 180
  36. 144
  37. 40
  38. 10
  39. 45
  40. 5

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