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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 906 · 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 cricket kit for ₹2250 and sells it for ₹2340. What is the profit (in ₹)?
  2. 2.A fan costs ₹1900. It is sold at a 5% profit. What is the selling price (in ₹)?
  3. 3.A watch costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a fan for ₹600 and sells it for ₹500. What is the loss (in ₹)?
  5. 5.What is 20% of 120?
  6. 6.A watch bought for ₹1400 is sold for ₹1232. What is the loss per cent?
  7. 7.A cooler costs ₹900. It is sold at a 20% loss. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹8400 at 9% per year for 1 year (in ₹)?
  9. 9.A fan bought for ₹3600 is sold for ₹3168. What is the loss per cent?
  10. 10.A table costs ₹3500. It is sold at a 10% profit. What is the selling price (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹5700 at 9% per year for 1 year (in ₹)?
  12. 12.A watch costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
  13. 13.What is 15% of 60?
  14. 14.What is the simple interest on ₹8600 at 4% per year for 2 years (in ₹)?
  15. 15.A shopkeeper buys a cycle for ₹850 and sells it for ₹830. What is the loss (in ₹)?
  16. 16.What is 90% of 760?
  17. 17.A table bought for ₹700 is sold for ₹1050. What is the profit per cent?
  18. 18.What is 60% of 420?
  19. 19.What is 55% of 980?
  20. 20.A watch bought for ₹1200 is sold for ₹1344. What is the profit per cent?
  21. 21.What is the simple interest on ₹9300 at 12% per year for 2 years (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹1800 at 3% per year for 3 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹1600 at 7% per year for 1 year (in ₹)?
  24. 24.A fan costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
  25. 25.A cycle bought for ₹2900 is sold for ₹1740. What is the loss per cent?
  26. 26.What is 15% of 220?
  27. 27.A table costs ₹3500. It is sold at a 12% profit. What is the selling price (in ₹)?
  28. 28.A mobile phone bought for ₹1100 is sold for ₹1210. What is the profit per cent?
  29. 29.What is 75% of 860?
  30. 30.The price of a box of mangoes changed from ₹40 to ₹8. What is the percentage decrease?
  31. 31.The price of a cricket ball changed from ₹500 to ₹625. What is the percentage increase?
  32. 32.A watch costs ₹1700. It is sold at a 5% profit. What is the selling price (in ₹)?
  33. 33.What is 30% of 60?
  34. 34.A cooler bought for ₹2700 is sold for ₹3024. What is the profit per cent?
  35. 35.A shopkeeper buys a mobile phone for ₹2850 and sells it for ₹2570. What is the loss (in ₹)?
  36. 36.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹2200. What is the profit (in ₹)?
  37. 37.A table costs ₹1000. It is sold at a 5% loss. What is the selling price (in ₹)?
  38. 38.What is the simple interest on ₹1600 at 9% per year for 5 years (in ₹)?
  39. 39.A mobile phone bought for ₹2200 is sold for ₹2530. What is the profit per cent?
  40. 40.What is 10% of 700?

Answer key

  1. 90
  2. 1995
  3. 1050
  4. 100
  5. 24
  6. 12
  7. 720
  8. 756
  9. 12
  10. 3850
  11. 6213
  12. 480
  13. 9
  14. 688
  15. 20
  16. 684
  17. 50
  18. 252
  19. 539
  20. 12
  21. 2232
  22. 1962
  23. 1712
  24. 540
  25. 40
  26. 33
  27. 3920
  28. 10
  29. 645
  30. 80
  31. 25
  32. 1785
  33. 18
  34. 12
  35. 280
  36. 150
  37. 950
  38. 720
  39. 15
  40. 70

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