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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 915 · 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.

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  1. 1.What is 15% of 340?
  2. 2.A table bought for ₹2400 is sold for ₹2520. What is the profit per cent?
  3. 3.A shopkeeper buys a fan for ₹1550 and sells it for ₹1460. What is the loss (in ₹)?
  4. 4.A fan bought for ₹1400 is sold for ₹1120. What is the loss per cent?
  5. 5.The price of a bus pass changed from ₹200 to ₹240. What is the percentage increase?
  6. 6.What is the simple interest on ₹2200 at 9% per year for 4 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹9700 at 3% per year for 3 years (in ₹)?
  8. 8.A cycle bought for ₹600 is sold for ₹420. What is the loss per cent?
  9. 9.A table bought for ₹1000 is sold for ₹1150. What is the profit per cent?
  10. 10.What is the amount (principal + simple interest) on ₹5400 at 11% per year for 3 years (in ₹)?
  11. 11.A shopkeeper buys a table for ₹1600 and sells it for ₹1510. What is the loss (in ₹)?
  12. 12.A table bought for ₹2600 is sold for ₹2210. What is the loss per cent?
  13. 13.What is the simple interest on ₹8400 at 12% per year for 4 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 45% of 80?
  16. 16.What is 15% of 380?
  17. 17.The price of a water bottle changed from ₹200 to ₹280. What is the percentage increase?
  18. 18.What is 10% of 260?
  19. 19.The price of a pair of shoes changed from ₹100 to ₹10. What is the percentage decrease?
  20. 20.A fan costs ₹2400. It is sold at a 12% loss. What is the selling price (in ₹)?
  21. 21.What is 25% of 180?
  22. 22.What is the amount (principal + simple interest) on ₹4400 at 3% per year for 4 years (in ₹)?
  23. 23.A fan bought for ₹2900 is sold for ₹3480. What is the profit per cent?
  24. 24.What is the amount (principal + simple interest) on ₹1700 at 12% per year for 1 year (in ₹)?
  25. 25.A fan costs ₹500. It is sold at a 40% loss. What is the selling price (in ₹)?
  26. 26.What is the simple interest on ₹3200 at 10% per year for 3 years (in ₹)?
  27. 27.What is the simple interest on ₹7200 at 3% per year for 3 years (in ₹)?
  28. 28.A mobile phone costs ₹2100. It is sold at a 10% loss. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹800 at 4% per year for 1 year (in ₹)?
  30. 30.A mobile phone costs ₹1900. It is sold at a 5% profit. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹790. What is the profit (in ₹)?
  32. 32.A watch bought for ₹2900 is sold for ₹3045. What is the profit per cent?
  33. 33.What is the amount (principal + simple interest) on ₹3000 at 2% per year for 1 year (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹7600 at 9% per year for 5 years (in ₹)?
  35. 35.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
  36. 36.What is the amount (principal + simple interest) on ₹800 at 5% per year for 2 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹3300 at 4% per year for 2 years (in ₹)?
  38. 38.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹90. What is the loss (in ₹)?
  39. 39.A cooler costs ₹2600. It is sold at a 30% loss. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹3110. What is the profit (in ₹)?

Answer key

  1. 51
  2. 5
  3. 90
  4. 20
  5. 20
  6. 792
  7. 10573
  8. 30
  9. 15
  10. 7182
  11. 90
  12. 15
  13. 4032
  14. 10856
  15. 36
  16. 57
  17. 40
  18. 26
  19. 90
  20. 2112
  21. 45
  22. 4928
  23. 20
  24. 1904
  25. 300
  26. 960
  27. 648
  28. 1890
  29. 832
  30. 1995
  31. 290
  32. 5
  33. 3060
  34. 11020
  35. 60
  36. 880
  37. 3564
  38. 160
  39. 1820
  40. 210

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