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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 960 · 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 sewing machine costs ₹2700. It is sold at a 10% loss. What is the selling price (in ₹)?
  2. 2.A cricket kit bought for ₹1600 is sold for ₹1520. What is the loss per cent?
  3. 3.What is the simple interest on ₹2700 at 3% per year for 3 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹2000 at 9% per year for 5 years (in ₹)?
  5. 5.What is 90% of 740?
  6. 6.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
  7. 7.What is the amount (principal + simple interest) on ₹5500 at 2% per year for 5 years (in ₹)?
  8. 8.A shopkeeper buys a watch for ₹2450 and sells it for ₹2480. What is the profit (in ₹)?
  9. 9.The price of a school bag changed from ₹500 to ₹525. What is the percentage increase?
  10. 10.What is the amount (principal + simple interest) on ₹9000 at 2% per year for 2 years (in ₹)?
  11. 11.A mobile phone costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
  12. 12.A watch bought for ₹2200 is sold for ₹2640. What is the profit per cent?
  13. 13.What is the simple interest on ₹2400 at 6% per year for 1 year (in ₹)?
  14. 14.What is 25% of 760?
  15. 15.The price of a pair of shoes changed from ₹100 to ₹60. What is the percentage decrease?
  16. 16.A shopkeeper buys a cooler for ₹400 and sells it for ₹430. What is the profit (in ₹)?
  17. 17.A fan bought for ₹3300 is sold for ₹3795. What is the profit per cent?
  18. 18.A shopkeeper buys a cycle for ₹1050 and sells it for ₹790. What is the loss (in ₹)?
  19. 19.The price of a pair of shoes changed from ₹80 to ₹56. What is the percentage decrease?
  20. 20.A mobile phone costs ₹700. It is sold at a 12% loss. What is the selling price (in ₹)?
  21. 21.A shopkeeper buys a watch for ₹2000 and sells it for ₹2110. What is the profit (in ₹)?
  22. 22.A mobile phone bought for ₹600 is sold for ₹300. What is the loss per cent?
  23. 23.A shopkeeper buys a cycle for ₹850 and sells it for ₹720. What is the loss (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 3 years (in ₹)?
  25. 25.What is the simple interest on ₹900 at 11% per year for 1 year (in ₹)?
  26. 26.What is 70% of 900?
  27. 27.What is 75% of 600?
  28. 28.What is the simple interest on ₹3800 at 10% per year for 3 years (in ₹)?
  29. 29.A fan bought for ₹3500 is sold for ₹3850. What is the profit per cent?
  30. 30.What is the amount (principal + simple interest) on ₹3200 at 3% per year for 2 years (in ₹)?
  31. 31.The price of a school bag changed from ₹20 to ₹21. What is the percentage increase?
  32. 32.What is the amount (principal + simple interest) on ₹8600 at 9% per year for 5 years (in ₹)?
  33. 33.A cycle bought for ₹1400 is sold for ₹1750. What is the profit per cent?
  34. 34.A fan bought for ₹4000 is sold for ₹3000. What is the loss per cent?
  35. 35.What is the amount (principal + simple interest) on ₹8100 at 12% per year for 5 years (in ₹)?
  36. 36.What is the simple interest on ₹2200 at 3% per year for 4 years (in ₹)?
  37. 37.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1650. What is the loss (in ₹)?
  38. 38.A table costs ₹200. It is sold at a 30% loss. What is the selling price (in ₹)?
  39. 39.A watch bought for ₹500 is sold for ₹425. What is the loss per cent?
  40. 40.A table costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?

Answer key

  1. 2430
  2. 5
  3. 243
  4. 2900
  5. 666
  6. 40
  7. 6050
  8. 30
  9. 5
  10. 9360
  11. 3220
  12. 20
  13. 144
  14. 190
  15. 40
  16. 30
  17. 15
  18. 260
  19. 30
  20. 616
  21. 110
  22. 50
  23. 130
  24. 1635
  25. 99
  26. 630
  27. 450
  28. 1140
  29. 10
  30. 3392
  31. 5
  32. 12470
  33. 25
  34. 25
  35. 12960
  36. 264
  37. 100
  38. 140
  39. 15
  40. 1760

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