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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 904 · 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.The price of a school bag changed from ₹20 to ₹24. What is the percentage increase?
  2. 2.A shopkeeper buys a cycle for ₹1700 and sells it for ₹1710. What is the profit (in ₹)?
  3. 3.A sewing machine costs ₹200. It is sold at a 5% profit. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a cycle for ₹1000 and sells it for ₹1060. What is the profit (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹4300 at 8% per year for 4 years (in ₹)?
  6. 6.A mobile phone bought for ₹300 is sold for ₹336. What is the profit per cent?
  7. 7.What is the amount (principal + simple interest) on ₹800 at 5% per year for 5 years (in ₹)?
  8. 8.What is 95% of 180?
  9. 9.A mobile phone costs ₹1400. It is sold at a 40% loss. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a cricket kit for ₹2250 and sells it for ₹2080. What is the loss (in ₹)?
  11. 11.What is 70% of 580?
  12. 12.What is the amount (principal + simple interest) on ₹2200 at 7% per year for 5 years (in ₹)?
  13. 13.A fan costs ₹2400. It is sold at a 20% loss. What is the selling price (in ₹)?
  14. 14.The price of a school bag changed from ₹250 to ₹275. What is the percentage increase?
  15. 15.A cooler costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 1 year (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹800 at 4% per year for 4 years (in ₹)?
  18. 18.What is the simple interest on ₹4800 at 3% per year for 4 years (in ₹)?
  19. 19.The price of a school bag changed from ₹50 to ₹65. What is the percentage increase?
  20. 20.A mobile phone costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹9400 at 3% per year for 4 years (in ₹)?
  22. 22.What is the simple interest on ₹4000 at 9% per year for 4 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹3800 at 12% per year for 1 year (in ₹)?
  24. 24.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹380. What is the profit (in ₹)?
  25. 25.What is the simple interest on ₹8500 at 10% per year for 2 years (in ₹)?
  26. 26.What is 40% of 100?
  27. 27.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1550. What is the loss (in ₹)?
  28. 28.A table bought for ₹1600 is sold for ₹1840. What is the profit per cent?
  29. 29.A cycle costs ₹2000. It is sold at a 10% profit. What is the selling price (in ₹)?
  30. 30.A cycle costs ₹2200. It is sold at a 40% loss. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a cooler for ₹1000 and sells it for ₹1030. What is the profit (in ₹)?
  32. 32.A shopkeeper buys a table for ₹2700 and sells it for ₹2840. What is the profit (in ₹)?
  33. 33.What is 95% of 360?
  34. 34.A sewing machine costs ₹2900. It is sold at a 15% profit. What is the selling price (in ₹)?
  35. 35.The price of a box of mangoes changed from ₹250 to ₹25. What is the percentage decrease?
  36. 36.A cycle costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
  37. 37.A shopkeeper buys a mobile phone for ₹900 and sells it for ₹790. What is the loss (in ₹)?
  38. 38.A watch bought for ₹800 is sold for ₹880. What is the profit per cent?
  39. 39.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1470. What is the profit (in ₹)?
  40. 40.A shopkeeper buys a mobile phone for ₹2000 and sells it for ₹1750. What is the loss (in ₹)?

Answer key

  1. 20
  2. 10
  3. 210
  4. 60
  5. 5676
  6. 12
  7. 1000
  8. 171
  9. 840
  10. 170
  11. 406
  12. 2970
  13. 1920
  14. 10
  15. 425
  16. 2940
  17. 928
  18. 576
  19. 30
  20. 3120
  21. 10528
  22. 1440
  23. 4256
  24. 180
  25. 1700
  26. 40
  27. 300
  28. 15
  29. 2200
  30. 1320
  31. 30
  32. 140
  33. 342
  34. 3335
  35. 90
  36. 1260
  37. 110
  38. 10
  39. 120
  40. 250

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