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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 920 · 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 simple interest on ₹4300 at 4% per year for 3 years (in ₹)?
  2. 2.The price of a school bag changed from ₹100 to ₹140. What is the percentage increase?
  3. 3.The price of a bus pass changed from ₹40 to ₹42. What is the percentage increase?
  4. 4.What is 95% of 60?
  5. 5.A table costs ₹3400. It is sold at a 15% profit. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a cycle for ₹700 and sells it for ₹650. What is the loss (in ₹)?
  7. 7.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹590. What is the profit (in ₹)?
  8. 8.A mobile phone costs ₹3700. It is sold at a 12% loss. What is the selling price (in ₹)?
  9. 9.What is 20% of 440?
  10. 10.A mobile phone bought for ₹800 is sold for ₹896. What is the profit per cent?
  11. 11.The price of a water bottle changed from ₹50 to ₹75. What is the percentage increase?
  12. 12.What is 20% of 600?
  13. 13.A shopkeeper buys a fan for ₹1950 and sells it for ₹2100. What is the profit (in ₹)?
  14. 14.The price of a pair of shoes changed from ₹100 to ₹99. What is the percentage decrease?
  15. 15.What is the amount (principal + simple interest) on ₹4100 at 3% per year for 2 years (in ₹)?
  16. 16.What is 75% of 680?
  17. 17.A cricket kit bought for ₹1100 is sold for ₹770. What is the loss per cent?
  18. 18.The price of a school bag changed from ₹400 to ₹240. What is the percentage decrease?
  19. 19.A watch bought for ₹900 is sold for ₹792. What is the loss per cent?
  20. 20.What is the amount (principal + simple interest) on ₹3500 at 7% per year for 4 years (in ₹)?
  21. 21.What is 25% of 420?
  22. 22.A fan costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
  23. 23.What is 40% of 100?
  24. 24.What is 20% of 320?
  25. 25.A shopkeeper buys a cooler for ₹1700 and sells it for ₹1820. What is the profit (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹6700 at 9% per year for 1 year (in ₹)?
  27. 27.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹1740. What is the loss (in ₹)?
  28. 28.A shopkeeper buys a cycle for ₹1200 and sells it for ₹1210. What is the profit (in ₹)?
  29. 29.A shopkeeper buys a watch for ₹1850 and sells it for ₹1890. What is the profit (in ₹)?
  30. 30.A cooler costs ₹1800. It is sold at a 30% loss. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹7800 at 4% per year for 5 years (in ₹)?
  32. 32.A watch costs ₹2000. It is sold at a 15% loss. What is the selling price (in ₹)?
  33. 33.A cycle bought for ₹800 is sold for ₹560. What is the loss per cent?
  34. 34.A sewing machine costs ₹2100. It is sold at a 25% loss. What is the selling price (in ₹)?
  35. 35.A shopkeeper buys a cycle for ₹1050 and sells it for ₹880. What is the loss (in ₹)?
  36. 36.What is 5% of 180?
  37. 37.A watch bought for ₹500 is sold for ₹650. What is the profit per cent?
  38. 38.A cycle bought for ₹3500 is sold for ₹2100. What is the loss per cent?
  39. 39.A shopkeeper buys a cooler for ₹800 and sells it for ₹610. What is the loss (in ₹)?
  40. 40.A fan bought for ₹2800 is sold for ₹2100. What is the loss per cent?

Answer key

  1. 516
  2. 40
  3. 5
  4. 57
  5. 3910
  6. 50
  7. 40
  8. 3256
  9. 88
  10. 12
  11. 50
  12. 120
  13. 150
  14. 1
  15. 4346
  16. 510
  17. 30
  18. 40
  19. 12
  20. 4480
  21. 105
  22. 5320
  23. 40
  24. 64
  25. 120
  26. 7303
  27. 260
  28. 10
  29. 40
  30. 1260
  31. 1560
  32. 1700
  33. 30
  34. 1575
  35. 170
  36. 9
  37. 30
  38. 40
  39. 190
  40. 25

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