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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 946 · 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 cooler costs ₹1600. It is sold at a 40% profit. What is the selling price (in ₹)?
  2. 2.What is 15% of 960?
  3. 3.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
  4. 4.What is the amount (principal + simple interest) on ₹2000 at 5% per year for 2 years (in ₹)?
  5. 5.A shopkeeper buys a fan for ₹1900 and sells it for ₹1910. What is the profit (in ₹)?
  6. 6.A sewing machine bought for ₹1300 is sold for ₹1170. What is the loss per cent?
  7. 7.A watch costs ₹3600. It is sold at a 15% profit. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹980. What is the profit (in ₹)?
  9. 9.The price of a bus pass changed from ₹400 to ₹600. What is the percentage increase?
  10. 10.The price of a pair of shoes changed from ₹200 to ₹360. What is the percentage increase?
  11. 11.A mobile phone costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
  12. 12.A fan bought for ₹2900 is sold for ₹3248. What is the profit per cent?
  13. 13.What is the amount (principal + simple interest) on ₹3500 at 2% per year for 1 year (in ₹)?
  14. 14.A fan costs ₹2300. It is sold at a 20% loss. What is the selling price (in ₹)?
  15. 15.A cycle bought for ₹1700 is sold for ₹1615. What is the loss per cent?
  16. 16.A cycle bought for ₹1200 is sold for ₹1380. What is the profit per cent?
  17. 17.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹60. What is the loss (in ₹)?
  18. 18.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹2050. What is the profit (in ₹)?
  19. 19.A watch bought for ₹400 is sold for ₹440. What is the profit per cent?
  20. 20.What is 75% of 340?
  21. 21.What is the amount (principal + simple interest) on ₹8900 at 4% per year for 1 year (in ₹)?
  22. 22.The price of a cricket ball changed from ₹20 to ₹26. What is the percentage increase?
  23. 23.A shopkeeper buys a table for ₹1900 and sells it for ₹1660. What is the loss (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹5800 at 2% per year for 4 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹2900 at 12% per year for 1 year (in ₹)?
  26. 26.What is 20% of 80?
  27. 27.What is 60% of 180?
  28. 28.What is 30% of 940?
  29. 29.A shopkeeper buys a cycle for ₹450 and sells it for ₹540. What is the profit (in ₹)?
  30. 30.A cooler bought for ₹3700 is sold for ₹4810. What is the profit per cent?
  31. 31.A cricket kit bought for ₹500 is sold for ₹525. What is the profit per cent?
  32. 32.A watch bought for ₹400 is sold for ₹200. What is the loss per cent?
  33. 33.What is 20% of 540?
  34. 34.A shopkeeper buys a watch for ₹3000 and sells it for ₹2880. What is the loss (in ₹)?
  35. 35.What is the simple interest on ₹2300 at 5% per year for 2 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹5000 at 12% per year for 2 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹4600 at 5% per year for 2 years (in ₹)?
  38. 38.A fan costs ₹2800. It is sold at a 10% profit. What is the selling price (in ₹)?
  39. 39.The price of a water bottle changed from ₹20 to ₹15. What is the percentage decrease?
  40. 40.What is the amount (principal + simple interest) on ₹8100 at 5% per year for 2 years (in ₹)?

Answer key

  1. 2240
  2. 144
  3. 20
  4. 2200
  5. 10
  6. 10
  7. 4140
  8. 280
  9. 50
  10. 80
  11. 2520
  12. 12
  13. 3570
  14. 1840
  15. 5
  16. 15
  17. 240
  18. 200
  19. 10
  20. 255
  21. 9256
  22. 30
  23. 240
  24. 6264
  25. 3248
  26. 16
  27. 108
  28. 282
  29. 90
  30. 30
  31. 5
  32. 50
  33. 108
  34. 120
  35. 230
  36. 6200
  37. 5060
  38. 3080
  39. 25
  40. 8910

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