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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 88 · 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.What is 80% of 600?
  2. 2.A watch costs ₹3100. It is sold at a 40% loss. What is the selling price (in ₹)?
  3. 3.A shopkeeper buys a cycle for ₹2900 and sells it for ₹3090. What is the profit (in ₹)?
  4. 4.What is the simple interest on ₹8400 at 3% per year for 1 year (in ₹)?
  5. 5.What is 15% of 200?
  6. 6.What is 80% of 220?
  7. 7.A cycle bought for ₹400 is sold for ₹360. What is the loss per cent?
  8. 8.A fan bought for ₹2900 is sold for ₹1450. What is the loss per cent?
  9. 9.A table costs ₹700. It is sold at a 12% profit. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2640. What is the loss (in ₹)?
  11. 11.What is 85% of 320?
  12. 12.The price of a pair of shoes changed from ₹200 to ₹320. What is the percentage increase?
  13. 13.A fan costs ₹3300. It is sold at a 5% profit. What is the selling price (in ₹)?
  14. 14.The price of a water bottle changed from ₹40 to ₹38. What is the percentage decrease?
  15. 15.What is the simple interest on ₹4700 at 10% per year for 1 year (in ₹)?
  16. 16.What is the simple interest on ₹1900 at 6% per year for 2 years (in ₹)?
  17. 17.A shopkeeper buys a cricket kit for ₹500 and sells it for ₹600. What is the profit (in ₹)?
  18. 18.The price of a school bag changed from ₹200 to ₹50. What is the percentage decrease?
  19. 19.A mobile phone bought for ₹2600 is sold for ₹2210. What is the loss per cent?
  20. 20.A shopkeeper buys a watch for ₹650 and sells it for ₹910. What is the profit (in ₹)?
  21. 21.A watch bought for ₹2700 is sold for ₹3240. What is the profit per cent?
  22. 22.What is 10% of 900?
  23. 23.What is the amount (principal + simple interest) on ₹7400 at 4% per year for 1 year (in ₹)?
  24. 24.What is the simple interest on ₹4900 at 6% per year for 3 years (in ₹)?
  25. 25.A sewing machine bought for ₹3700 is sold for ₹3145. What is the loss per cent?
  26. 26.What is 70% of 1000?
  27. 27.A cycle costs ₹3000. It is sold at a 20% loss. What is the selling price (in ₹)?
  28. 28.A cycle costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
  29. 29.What is the simple interest on ₹5300 at 5% per year for 1 year (in ₹)?
  30. 30.A shopkeeper buys a fan for ₹1150 and sells it for ₹1450. What is the profit (in ₹)?
  31. 31.The price of a cricket ball changed from ₹80 to ₹120. What is the percentage increase?
  32. 32.What is the amount (principal + simple interest) on ₹1200 at 8% per year for 3 years (in ₹)?
  33. 33.A cricket kit bought for ₹500 is sold for ₹450. What is the loss per cent?
  34. 34.What is the simple interest on ₹6200 at 5% per year for 3 years (in ₹)?
  35. 35.A shopkeeper buys a cycle for ₹750 and sells it for ₹1030. What is the profit (in ₹)?
  36. 36.A fan bought for ₹4000 is sold for ₹2000. What is the loss per cent?
  37. 37.A table bought for ₹3500 is sold for ₹3850. What is the profit per cent?
  38. 38.What is the amount (principal + simple interest) on ₹5800 at 10% per year for 4 years (in ₹)?
  39. 39.A cycle bought for ₹3300 is sold for ₹3135. What is the loss per cent?
  40. 40.A mobile phone costs ₹3600. It is sold at a 12% loss. What is the selling price (in ₹)?

Answer key

  1. 480
  2. 1860
  3. 190
  4. 252
  5. 30
  6. 176
  7. 10
  8. 50
  9. 784
  10. 160
  11. 272
  12. 60
  13. 3465
  14. 5
  15. 470
  16. 228
  17. 100
  18. 75
  19. 15
  20. 260
  21. 20
  22. 90
  23. 7696
  24. 882
  25. 15
  26. 700
  27. 2400
  28. 900
  29. 265
  30. 300
  31. 50
  32. 1488
  33. 10
  34. 930
  35. 280
  36. 50
  37. 10
  38. 8120
  39. 5
  40. 3168

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