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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 101 · 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.What is 40% of 580?
  2. 2.What is the amount (principal + simple interest) on ₹3300 at 3% per year for 2 years (in ₹)?
  3. 3.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1850. What is the profit (in ₹)?
  4. 4.A cycle bought for ₹2000 is sold for ₹3000. What is the profit per cent?
  5. 5.A shopkeeper buys a watch for ₹1800 and sells it for ₹1930. What is the profit (in ₹)?
  6. 6.A shopkeeper buys a watch for ₹450 and sells it for ₹590. What is the profit (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹3800 at 4% per year for 2 years (in ₹)?
  8. 8.What is the simple interest on ₹2900 at 4% per year for 5 years (in ₹)?
  9. 9.A fan costs ₹1700. It is sold at a 15% profit. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a table for ₹1550 and sells it for ₹1420. What is the loss (in ₹)?
  11. 11.What is the simple interest on ₹600 at 3% per year for 1 year (in ₹)?
  12. 12.A shopkeeper buys a fan for ₹700 and sells it for ₹620. What is the loss (in ₹)?
  13. 13.A shopkeeper buys a cycle for ₹1950 and sells it for ₹1990. What is the profit (in ₹)?
  14. 14.What is 15% of 40?
  15. 15.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 2 years (in ₹)?
  16. 16.What is the simple interest on ₹8700 at 10% per year for 5 years (in ₹)?
  17. 17.What is the simple interest on ₹3500 at 5% per year for 4 years (in ₹)?
  18. 18.What is the simple interest on ₹700 at 3% per year for 2 years (in ₹)?
  19. 19.What is 10% of 320?
  20. 20.A cricket kit costs ₹3100. It is sold at a 50% loss. What is the selling price (in ₹)?
  21. 21.A cycle costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
  22. 22.A cooler bought for ₹900 is sold for ₹1125. What is the profit per cent?
  23. 23.The price of a school bag changed from ₹200 to ₹140. What is the percentage decrease?
  24. 24.What is the amount (principal + simple interest) on ₹8100 at 7% per year for 4 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹1900 at 12% per year for 1 year (in ₹)?
  26. 26.The price of a box of mangoes changed from ₹500 to ₹490. What is the percentage decrease?
  27. 27.What is the amount (principal + simple interest) on ₹1400 at 7% per year for 3 years (in ₹)?
  28. 28.A shopkeeper buys a watch for ₹750 and sells it for ₹510. What is the loss (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹600 at 11% per year for 3 years (in ₹)?
  30. 30.What is the simple interest on ₹5700 at 9% per year for 3 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹4900 at 7% per year for 4 years (in ₹)?
  32. 32.What is the simple interest on ₹10000 at 9% per year for 2 years (in ₹)?
  33. 33.A watch bought for ₹200 is sold for ₹210. What is the profit per cent?
  34. 34.A fan costs ₹1400. It is sold at a 30% loss. What is the selling price (in ₹)?
  35. 35.A watch bought for ₹3300 is sold for ₹2904. What is the loss per cent?
  36. 36.What is the simple interest on ₹4100 at 9% per year for 2 years (in ₹)?
  37. 37.The price of a school bag changed from ₹250 to ₹200. What is the percentage decrease?
  38. 38.What is the simple interest on ₹1700 at 5% per year for 5 years (in ₹)?
  39. 39.A cooler bought for ₹800 is sold for ₹680. What is the loss per cent?
  40. 40.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2820. What is the profit (in ₹)?

Answer key

  1. 232
  2. 3498
  3. 150
  4. 50
  5. 130
  6. 140
  7. 4104
  8. 580
  9. 1955
  10. 130
  11. 18
  12. 80
  13. 40
  14. 6
  15. 3480
  16. 4350
  17. 700
  18. 42
  19. 32
  20. 1550
  21. 3190
  22. 25
  23. 30
  24. 10368
  25. 2128
  26. 2
  27. 1694
  28. 240
  29. 798
  30. 1539
  31. 6272
  32. 1800
  33. 5
  34. 980
  35. 12
  36. 738
  37. 20
  38. 425
  39. 15
  40. 70

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