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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 854 · 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 sewing machine for ₹2650 and sells it for ₹2870. What is the profit (in ₹)?
  2. 2.What is the simple interest on ₹6700 at 2% per year for 3 years (in ₹)?
  3. 3.A watch bought for ₹1800 is sold for ₹1260. What is the loss per cent?
  4. 4.What is 15% of 60?
  5. 5.What is 65% of 740?
  6. 6.A fan costs ₹3400. It is sold at a 20% profit. What is the selling price (in ₹)?
  7. 7.A mobile phone costs ₹1800. It is sold at a 50% loss. What is the selling price (in ₹)?
  8. 8.What is 5% of 180?
  9. 9.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹550. What is the loss (in ₹)?
  10. 10.A cycle bought for ₹3700 is sold for ₹3515. What is the loss per cent?
  11. 11.A cricket kit bought for ₹2300 is sold for ₹1150. What is the loss per cent?
  12. 12.What is the simple interest on ₹9100 at 6% per year for 3 years (in ₹)?
  13. 13.What is the simple interest on ₹1500 at 12% per year for 1 year (in ₹)?
  14. 14.What is 45% of 240?
  15. 15.What is the simple interest on ₹10000 at 9% per year for 5 years (in ₹)?
  16. 16.A watch bought for ₹800 is sold for ₹1000. What is the profit per cent?
  17. 17.What is the amount (principal + simple interest) on ₹2500 at 11% per year for 1 year (in ₹)?
  18. 18.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1040. What is the loss (in ₹)?
  19. 19.What is 60% of 460?
  20. 20.What is the simple interest on ₹2600 at 11% per year for 1 year (in ₹)?
  21. 21.A watch bought for ₹900 is sold for ₹1260. What is the profit per cent?
  22. 22.What is the amount (principal + simple interest) on ₹7000 at 8% per year for 1 year (in ₹)?
  23. 23.What is 40% of 60?
  24. 24.A shopkeeper buys a watch for ₹2250 and sells it for ₹2270. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹900 at 9% per year for 2 years (in ₹)?
  26. 26.A mobile phone costs ₹1500. It is sold at a 15% loss. What is the selling price (in ₹)?
  27. 27.A sewing machine costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
  28. 28.What is 40% of 240?
  29. 29.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
  30. 30.A shopkeeper buys a fan for ₹1400 and sells it for ₹1440. What is the profit (in ₹)?
  31. 31.What is the simple interest on ₹8200 at 7% per year for 3 years (in ₹)?
  32. 32.What is 90% of 220?
  33. 33.A sewing machine costs ₹2700. It is sold at a 12% loss. What is the selling price (in ₹)?
  34. 34.A fan bought for ₹700 is sold for ₹840. What is the profit per cent?
  35. 35.What is the simple interest on ₹7500 at 4% per year for 5 years (in ₹)?
  36. 36.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
  37. 37.The price of a cricket ball changed from ₹80 to ₹40. What is the percentage decrease?
  38. 38.What is the amount (principal + simple interest) on ₹3500 at 5% per year for 3 years (in ₹)?
  39. 39.What is 85% of 140?
  40. 40.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?

Answer key

  1. 220
  2. 402
  3. 30
  4. 9
  5. 481
  6. 4080
  7. 900
  8. 9
  9. 250
  10. 5
  11. 50
  12. 1638
  13. 180
  14. 108
  15. 4500
  16. 25
  17. 2775
  18. 60
  19. 276
  20. 286
  21. 40
  22. 7560
  23. 24
  24. 20
  25. 1062
  26. 1275
  27. 1275
  28. 96
  29. 60
  30. 40
  31. 1722
  32. 198
  33. 2376
  34. 20
  35. 1500
  36. 30
  37. 50
  38. 4025
  39. 119
  40. 30

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