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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 894 · 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 the amount (principal + simple interest) on ₹2700 at 2% per year for 1 year (in ₹)?
  2. 2.A cooler costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
  3. 3.What is 40% of 720?
  4. 4.A cycle bought for ₹1000 is sold for ₹1050. What is the profit per cent?
  5. 5.What is 95% of 740?
  6. 6.What is 10% of 380?
  7. 7.A table costs ₹3300. It is sold at a 50% loss. What is the selling price (in ₹)?
  8. 8.The price of a school bag changed from ₹100 to ₹90. What is the percentage decrease?
  9. 9.What is 65% of 700?
  10. 10.A shopkeeper buys a watch for ₹1100 and sells it for ₹1080. What is the loss (in ₹)?
  11. 11.A shopkeeper buys a fan for ₹2800 and sells it for ₹2620. What is the loss (in ₹)?
  12. 12.A cycle costs ₹200. It is sold at a 25% profit. What is the selling price (in ₹)?
  13. 13.The price of a school bag changed from ₹40 to ₹4. What is the percentage decrease?
  14. 14.What is the amount (principal + simple interest) on ₹700 at 3% per year for 2 years (in ₹)?
  15. 15.What is the simple interest on ₹6900 at 7% per year for 2 years (in ₹)?
  16. 16.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1560. What is the loss (in ₹)?
  17. 17.A table bought for ₹700 is sold for ₹560. What is the loss per cent?
  18. 18.A cooler costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹9000 at 8% per year for 2 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹3300 at 6% per year for 3 years (in ₹)?
  21. 21.What is 35% of 960?
  22. 22.A mobile phone costs ₹3300. It is sold at a 10% profit. What is the selling price (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹9300 at 7% per year for 4 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹1200 at 9% per year for 1 year (in ₹)?
  25. 25.The price of a bus pass changed from ₹400 to ₹700. What is the percentage increase?
  26. 26.What is 10% of 940?
  27. 27.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 2 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹5400 at 9% per year for 5 years (in ₹)?
  29. 29.A table costs ₹1500. It is sold at a 12% profit. What is the selling price (in ₹)?
  30. 30.A sewing machine bought for ₹1400 is sold for ₹1568. What is the profit per cent?
  31. 31.What is 15% of 980?
  32. 32.A shopkeeper buys a cooler for ₹800 and sells it for ₹670. What is the loss (in ₹)?
  33. 33.A shopkeeper buys a table for ₹1700 and sells it for ₹1710. What is the profit (in ₹)?
  34. 34.A cricket kit bought for ₹2100 is sold for ₹2352. What is the profit per cent?
  35. 35.The price of a school bag changed from ₹20 to ₹15. What is the percentage decrease?
  36. 36.The price of a bus pass changed from ₹50 to ₹90. What is the percentage increase?
  37. 37.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1630. What is the loss (in ₹)?
  38. 38.What is the simple interest on ₹9700 at 5% per year for 4 years (in ₹)?
  39. 39.The price of a box of mangoes changed from ₹500 to ₹250. What is the percentage decrease?
  40. 40.A cooler costs ₹1500. It is sold at a 50% profit. What is the selling price (in ₹)?

Answer key

  1. 2754
  2. 630
  3. 288
  4. 5
  5. 703
  6. 38
  7. 1650
  8. 10
  9. 455
  10. 20
  11. 180
  12. 250
  13. 90
  14. 742
  15. 966
  16. 140
  17. 20
  18. 1350
  19. 10440
  20. 3894
  21. 336
  22. 3630
  23. 11904
  24. 1308
  25. 75
  26. 94
  27. 6760
  28. 7830
  29. 1680
  30. 12
  31. 147
  32. 130
  33. 10
  34. 12
  35. 25
  36. 80
  37. 270
  38. 1940
  39. 50
  40. 2250

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