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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 940 · 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 cycle bought for ₹1600 is sold for ₹1920. What is the profit per cent?
  2. 2.What is the amount (principal + simple interest) on ₹4800 at 6% per year for 2 years (in ₹)?
  3. 3.What is 25% of 140?
  4. 4.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1110. What is the loss (in ₹)?
  5. 5.A shopkeeper buys a cricket kit for ₹1050 and sells it for ₹1230. What is the profit (in ₹)?
  6. 6.What is 65% of 400?
  7. 7.What is the simple interest on ₹5300 at 8% per year for 1 year (in ₹)?
  8. 8.What is 20% of 260?
  9. 9.What is the simple interest on ₹3200 at 8% per year for 2 years (in ₹)?
  10. 10.What is the simple interest on ₹1700 at 6% per year for 2 years (in ₹)?
  11. 11.A cycle bought for ₹3900 is sold for ₹4875. What is the profit per cent?
  12. 12.The price of a cricket ball changed from ₹25 to ₹10. What is the percentage decrease?
  13. 13.What is the amount (principal + simple interest) on ₹9000 at 12% per year for 4 years (in ₹)?
  14. 14.A cooler bought for ₹2300 is sold for ₹1380. What is the loss per cent?
  15. 15.A shopkeeper buys a cooler for ₹2000 and sells it for ₹1900. What is the loss (in ₹)?
  16. 16.A cooler costs ₹3000. It is sold at a 10% profit. What is the selling price (in ₹)?
  17. 17.A watch costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
  18. 18.A cycle bought for ₹3000 is sold for ₹3300. What is the profit per cent?
  19. 19.The price of a cricket ball changed from ₹40 to ₹24. What is the percentage decrease?
  20. 20.What is 90% of 280?
  21. 21.A shopkeeper buys a table for ₹2600 and sells it for ₹2790. What is the profit (in ₹)?
  22. 22.What is 80% of 540?
  23. 23.A cooler costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
  24. 24.What is the simple interest on ₹8400 at 8% per year for 2 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹2300 at 2% per year for 5 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹3400 at 12% per year for 2 years (in ₹)?
  27. 27.What is 40% of 700?
  28. 28.What is the simple interest on ₹2600 at 4% per year for 2 years (in ₹)?
  29. 29.A cricket kit costs ₹3700. It is sold at a 25% loss. What is the selling price (in ₹)?
  30. 30.What is 95% of 360?
  31. 31.A cycle costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
  32. 32.What is 80% of 980?
  33. 33.What is 10% of 960?
  34. 34.What is the simple interest on ₹4600 at 8% per year for 1 year (in ₹)?
  35. 35.A shopkeeper buys a fan for ₹2300 and sells it for ₹2370. What is the profit (in ₹)?
  36. 36.A shopkeeper buys a cycle for ₹2600 and sells it for ₹2840. What is the profit (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹7000 at 5% per year for 3 years (in ₹)?
  38. 38.A shopkeeper buys a table for ₹300 and sells it for ₹70. What is the loss (in ₹)?
  39. 39.The price of a bus pass changed from ₹80 to ₹120. What is the percentage increase?
  40. 40.A fan bought for ₹1900 is sold for ₹1425. What is the loss per cent?

Answer key

  1. 20
  2. 5376
  3. 35
  4. 290
  5. 180
  6. 260
  7. 424
  8. 52
  9. 512
  10. 204
  11. 25
  12. 60
  13. 13320
  14. 40
  15. 100
  16. 3300
  17. 150
  18. 10
  19. 40
  20. 252
  21. 190
  22. 432
  23. 2520
  24. 1344
  25. 2530
  26. 4216
  27. 280
  28. 208
  29. 2775
  30. 342
  31. 2970
  32. 784
  33. 96
  34. 368
  35. 70
  36. 240
  37. 8050
  38. 230
  39. 50
  40. 25

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