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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 898 · 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 sewing machine bought for ₹800 is sold for ₹960. What is the profit per cent?
  2. 2.What is the simple interest on ₹2200 at 9% per year for 1 year (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 1 year (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹7700 at 5% per year for 4 years (in ₹)?
  5. 5.A cycle costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
  6. 6.A fan costs ₹1900. It is sold at a 25% profit. What is the selling price (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹6700 at 9% per year for 5 years (in ₹)?
  8. 8.A fan bought for ₹500 is sold for ₹300. What is the loss per cent?
  9. 9.What is the amount (principal + simple interest) on ₹9400 at 9% per year for 2 years (in ₹)?
  10. 10.A shopkeeper buys a table for ₹2350 and sells it for ₹2270. What is the loss (in ₹)?
  11. 11.A cycle bought for ₹3600 is sold for ₹2700. What is the loss per cent?
  12. 12.What is the simple interest on ₹1300 at 3% per year for 4 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 5 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹9200 at 6% per year for 3 years (in ₹)?
  15. 15.What is 25% of 620?
  16. 16.A cycle costs ₹300. It is sold at a 15% loss. What is the selling price (in ₹)?
  17. 17.What is 85% of 840?
  18. 18.What is 5% of 960?
  19. 19.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2610. What is the profit (in ₹)?
  20. 20.What is the simple interest on ₹7200 at 10% per year for 5 years (in ₹)?
  21. 21.A cricket kit bought for ₹200 is sold for ₹250. What is the profit per cent?
  22. 22.A cooler costs ₹3600. It is sold at a 50% loss. What is the selling price (in ₹)?
  23. 23.A shopkeeper buys a cooler for ₹2800 and sells it for ₹3000. What is the profit (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹1500 at 4% per year for 2 years (in ₹)?
  25. 25.A mobile phone costs ₹900. It is sold at a 15% loss. What is the selling price (in ₹)?
  26. 26.The price of a box of mangoes changed from ₹50 to ₹35. What is the percentage decrease?
  27. 27.What is 30% of 860?
  28. 28.The price of a pair of shoes changed from ₹500 to ₹350. What is the percentage decrease?
  29. 29.A shopkeeper buys a cooler for ₹300 and sells it for ₹220. What is the loss (in ₹)?
  30. 30.A shopkeeper buys a watch for ₹450 and sells it for ₹290. What is the loss (in ₹)?
  31. 31.What is 40% of 680?
  32. 32.A table bought for ₹900 is sold for ₹1008. What is the profit per cent?
  33. 33.What is the amount (principal + simple interest) on ₹7100 at 10% per year for 1 year (in ₹)?
  34. 34.What is the simple interest on ₹1400 at 2% per year for 2 years (in ₹)?
  35. 35.A cricket kit costs ₹2400. It is sold at a 50% loss. What is the selling price (in ₹)?
  36. 36.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
  37. 37.A shopkeeper buys a cooler for ₹550 and sells it for ₹740. What is the profit (in ₹)?
  38. 38.The price of a cricket ball changed from ₹500 to ₹375. What is the percentage decrease?
  39. 39.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹570. What is the loss (in ₹)?
  40. 40.A cricket kit bought for ₹1600 is sold for ₹1408. What is the loss per cent?

Answer key

  1. 20
  2. 198
  3. 6630
  4. 9240
  5. 425
  6. 2375
  7. 9715
  8. 40
  9. 11092
  10. 80
  11. 25
  12. 156
  13. 5520
  14. 10856
  15. 155
  16. 255
  17. 714
  18. 48
  19. 110
  20. 3600
  21. 25
  22. 1800
  23. 200
  24. 1620
  25. 765
  26. 30
  27. 258
  28. 30
  29. 80
  30. 160
  31. 272
  32. 12
  33. 7810
  34. 56
  35. 1200
  36. 40
  37. 190
  38. 25
  39. 30
  40. 12

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