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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 987 · 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 ₹2000. It is sold at a 5% profit. What is the selling price (in ₹)?
  2. 2.A mobile phone bought for ₹3200 is sold for ₹3360. What is the profit per cent?
  3. 3.A cycle costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
  4. 4.What is the simple interest on ₹8300 at 4% per year for 5 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹1800 at 12% per year for 3 years (in ₹)?
  6. 6.What is 80% of 420?
  7. 7.What is the simple interest on ₹5200 at 4% per year for 1 year (in ₹)?
  8. 8.What is 10% of 840?
  9. 9.What is 35% of 840?
  10. 10.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
  11. 11.What is the amount (principal + simple interest) on ₹4900 at 2% per year for 4 years (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹3100 at 7% per year for 2 years (in ₹)?
  13. 13.What is 5% of 500?
  14. 14.What is the amount (principal + simple interest) on ₹600 at 12% per year for 2 years (in ₹)?
  15. 15.The price of a school bag changed from ₹200 to ₹40. What is the percentage decrease?
  16. 16.What is 60% of 620?
  17. 17.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2240. What is the profit (in ₹)?
  18. 18.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2020. What is the loss (in ₹)?
  19. 19.What is 80% of 840?
  20. 20.A watch costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
  21. 21.A shopkeeper buys a table for ₹400 and sells it for ₹210. What is the loss (in ₹)?
  22. 22.The price of a pair of shoes changed from ₹250 to ₹300. What is the percentage increase?
  23. 23.What is 35% of 500?
  24. 24.What is the amount (principal + simple interest) on ₹1400 at 8% per year for 5 years (in ₹)?
  25. 25.A mobile phone bought for ₹200 is sold for ₹210. What is the profit per cent?
  26. 26.A cricket kit bought for ₹2200 is sold for ₹1936. What is the loss per cent?
  27. 27.What is the amount (principal + simple interest) on ₹7400 at 11% per year for 4 years (in ₹)?
  28. 28.What is 25% of 100?
  29. 29.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1470. What is the profit (in ₹)?
  30. 30.A shopkeeper buys a cooler for ₹2850 and sells it for ₹3040. What is the profit (in ₹)?
  31. 31.A cycle costs ₹1900. It is sold at a 25% loss. What is the selling price (in ₹)?
  32. 32.What is the simple interest on ₹4800 at 8% per year for 3 years (in ₹)?
  33. 33.A cycle costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹7000 at 6% per year for 2 years (in ₹)?
  35. 35.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1420. What is the loss (in ₹)?
  36. 36.A shopkeeper buys a fan for ₹2050 and sells it for ₹2290. What is the profit (in ₹)?
  37. 37.The price of a box of mangoes changed from ₹25 to ₹30. What is the percentage increase?
  38. 38.What is the simple interest on ₹8600 at 4% per year for 1 year (in ₹)?
  39. 39.A cricket kit bought for ₹1800 is sold for ₹900. What is the loss per cent?
  40. 40.What is 75% of 140?

Answer key

  1. 2100
  2. 5
  3. 735
  4. 1660
  5. 2448
  6. 336
  7. 208
  8. 84
  9. 294
  10. 80
  11. 5292
  12. 3534
  13. 25
  14. 744
  15. 80
  16. 372
  17. 140
  18. 230
  19. 672
  20. 5320
  21. 190
  22. 20
  23. 175
  24. 1960
  25. 5
  26. 12
  27. 10656
  28. 25
  29. 20
  30. 190
  31. 1425
  32. 1152
  33. 1584
  34. 7840
  35. 80
  36. 240
  37. 20
  38. 344
  39. 50
  40. 105

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