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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 943 · 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 ₹1400 is sold for ₹1260. What is the loss per cent?
  2. 2.The price of a school bag changed from ₹100 to ₹99. What is the percentage decrease?
  3. 3.The price of a bus pass changed from ₹20 to ₹5. What is the percentage decrease?
  4. 4.What is the amount (principal + simple interest) on ₹600 at 12% per year for 5 years (in ₹)?
  5. 5.A cooler costs ₹3800. It is sold at a 30% profit. What is the selling price (in ₹)?
  6. 6.A fan costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a cooler for ₹1850 and sells it for ₹2090. What is the profit (in ₹)?
  8. 8.What is 45% of 80?
  9. 9.A mobile phone bought for ₹1800 is sold for ₹2520. What is the profit per cent?
  10. 10.A cycle bought for ₹600 is sold for ₹630. What is the profit per cent?
  11. 11.What is 55% of 100?
  12. 12.The price of a bus pass changed from ₹500 to ₹525. What is the percentage increase?
  13. 13.The price of a bus pass changed from ₹80 to ₹140. What is the percentage increase?
  14. 14.What is the simple interest on ₹9500 at 11% per year for 5 years (in ₹)?
  15. 15.What is the simple interest on ₹9400 at 3% per year for 3 years (in ₹)?
  16. 16.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹640. What is the profit (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹1400 at 9% per year for 4 years (in ₹)?
  18. 18.What is 60% of 740?
  19. 19.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 2 years (in ₹)?
  20. 20.A fan costs ₹1700. It is sold at a 20% loss. What is the selling price (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹1900 at 9% per year for 4 years (in ₹)?
  22. 22.What is 5% of 620?
  23. 23.A sewing machine bought for ₹500 is sold for ₹560. What is the profit per cent?
  24. 24.What is the simple interest on ₹5300 at 2% per year for 2 years (in ₹)?
  25. 25.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1390. What is the loss (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹5700 at 11% per year for 1 year (in ₹)?
  27. 27.The price of a box of mangoes changed from ₹200 to ₹320. What is the percentage increase?
  28. 28.A sewing machine bought for ₹1800 is sold for ₹1620. What is the loss per cent?
  29. 29.What is the amount (principal + simple interest) on ₹4700 at 12% per year for 4 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹1100 at 8% per year for 3 years (in ₹)?
  31. 31.What is the simple interest on ₹5200 at 5% per year for 3 years (in ₹)?
  32. 32.A mobile phone costs ₹900. It is sold at a 12% profit. What is the selling price (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹5600 at 11% per year for 5 years (in ₹)?
  34. 34.A table costs ₹300. It is sold at a 10% loss. What is the selling price (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹4900 at 12% per year for 5 years (in ₹)?
  36. 36.A cricket kit bought for ₹2300 is sold for ₹2875. What is the profit per cent?
  37. 37.The price of a pair of shoes changed from ₹400 to ₹404. What is the percentage increase?
  38. 38.What is 70% of 860?
  39. 39.The price of a pair of shoes changed from ₹80 to ₹88. What is the percentage increase?
  40. 40.A sewing machine bought for ₹3300 is sold for ₹3960. What is the profit per cent?

Answer key

  1. 10
  2. 1
  3. 75
  4. 960
  5. 4940
  6. 805
  7. 240
  8. 36
  9. 40
  10. 5
  11. 55
  12. 5
  13. 75
  14. 5225
  15. 846
  16. 190
  17. 1904
  18. 444
  19. 9504
  20. 1360
  21. 2584
  22. 31
  23. 12
  24. 212
  25. 10
  26. 6327
  27. 60
  28. 10
  29. 6956
  30. 1364
  31. 780
  32. 1008
  33. 8680
  34. 270
  35. 7840
  36. 25
  37. 1
  38. 602
  39. 10
  40. 20

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