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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 945 · 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 mobile phone bought for ₹3600 is sold for ₹5040. What is the profit per cent?
  2. 2.What is the amount (principal + simple interest) on ₹1900 at 4% per year for 1 year (in ₹)?
  3. 3.The price of a bus pass changed from ₹40 to ₹16. What is the percentage decrease?
  4. 4.A cycle costs ₹1600. It is sold at a 15% profit. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹4000 at 3% per year for 1 year (in ₹)?
  6. 6.What is 5% of 820?
  7. 7.A cycle bought for ₹2900 is sold for ₹2030. What is the loss per cent?
  8. 8.A cycle bought for ₹500 is sold for ₹700. What is the profit per cent?
  9. 9.A shopkeeper buys a cooler for ₹700 and sells it for ₹410. What is the loss (in ₹)?
  10. 10.The price of a bus pass changed from ₹20 to ₹30. What is the percentage increase?
  11. 11.What is the amount (principal + simple interest) on ₹10000 at 2% per year for 3 years (in ₹)?
  12. 12.A table bought for ₹3200 is sold for ₹3520. What is the profit per cent?
  13. 13.What is the amount (principal + simple interest) on ₹3800 at 3% per year for 5 years (in ₹)?
  14. 14.A shopkeeper buys a fan for ₹450 and sells it for ₹740. What is the profit (in ₹)?
  15. 15.A cooler costs ₹3500. It is sold at a 15% loss. What is the selling price (in ₹)?
  16. 16.What is the simple interest on ₹600 at 5% per year for 1 year (in ₹)?
  17. 17.A table costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹500 at 8% per year for 5 years (in ₹)?
  19. 19.A mobile phone bought for ₹600 is sold for ₹528. What is the loss per cent?
  20. 20.What is the simple interest on ₹1300 at 3% per year for 1 year (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹4300 at 8% per year for 3 years (in ₹)?
  22. 22.A cooler bought for ₹1500 is sold for ₹1350. What is the loss per cent?
  23. 23.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2230. What is the loss (in ₹)?
  24. 24.What is 25% of 660?
  25. 25.What is the amount (principal + simple interest) on ₹3600 at 9% per year for 5 years (in ₹)?
  26. 26.What is 85% of 40?
  27. 27.The price of a cricket ball changed from ₹80 to ₹152. What is the percentage increase?
  28. 28.The price of a school bag changed from ₹400 to ₹380. What is the percentage decrease?
  29. 29.A shopkeeper buys a cycle for ₹450 and sells it for ₹270. What is the loss (in ₹)?
  30. 30.A shopkeeper buys a watch for ₹1000 and sells it for ₹710. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a watch for ₹1050 and sells it for ₹1110. What is the profit (in ₹)?
  32. 32.What is 95% of 640?
  33. 33.What is the simple interest on ₹4700 at 4% per year for 5 years (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹6500 at 11% per year for 5 years (in ₹)?
  35. 35.A watch bought for ₹3200 is sold for ₹4800. What is the profit per cent?
  36. 36.What is 10% of 640?
  37. 37.A watch bought for ₹700 is sold for ₹490. What is the loss per cent?
  38. 38.What is the simple interest on ₹10000 at 5% per year for 1 year (in ₹)?
  39. 39.What is 55% of 160?
  40. 40.What is the amount (principal + simple interest) on ₹4000 at 11% per year for 4 years (in ₹)?

Answer key

  1. 40
  2. 1976
  3. 60
  4. 1840
  5. 4120
  6. 41
  7. 30
  8. 40
  9. 290
  10. 50
  11. 10600
  12. 10
  13. 4370
  14. 290
  15. 2975
  16. 30
  17. 315
  18. 200
  19. 12
  20. 39
  21. 5332
  22. 10
  23. 170
  24. 165
  25. 5220
  26. 34
  27. 90
  28. 5
  29. 180
  30. 290
  31. 60
  32. 608
  33. 940
  34. 10075
  35. 50
  36. 64
  37. 30
  38. 500
  39. 88
  40. 5760

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