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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 131 · 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 the amount (principal + simple interest) on ₹8200 at 7% per year for 5 years (in ₹)?
  2. 2.A shopkeeper buys a fan for ₹1450 and sells it for ₹1180. What is the loss (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹8600 at 11% per year for 4 years (in ₹)?
  4. 4.A cooler costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
  5. 5.The price of a school bag changed from ₹40 to ₹4. What is the percentage decrease?
  6. 6.A shopkeeper buys a fan for ₹1200 and sells it for ₹1150. What is the loss (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹9900 at 8% per year for 3 years (in ₹)?
  8. 8.What is 5% of 660?
  9. 9.What is 20% of 320?
  10. 10.A shopkeeper buys a cricket kit for ₹2150 and sells it for ₹2230. What is the profit (in ₹)?
  11. 11.The price of a bus pass changed from ₹250 to ₹275. What is the percentage increase?
  12. 12.The price of a school bag changed from ₹100 to ₹180. What is the percentage increase?
  13. 13.A fan bought for ₹1700 is sold for ₹2040. What is the profit per cent?
  14. 14.A shopkeeper buys a fan for ₹250 and sells it for ₹40. What is the loss (in ₹)?
  15. 15.A mobile phone costs ₹1900. It is sold at a 20% loss. What is the selling price (in ₹)?
  16. 16.What is the simple interest on ₹5800 at 4% per year for 1 year (in ₹)?
  17. 17.The price of a school bag changed from ₹20 to ₹25. What is the percentage increase?
  18. 18.A watch costs ₹700. It is sold at a 30% profit. What is the selling price (in ₹)?
  19. 19.The price of a box of mangoes changed from ₹100 to ₹80. What is the percentage decrease?
  20. 20.The price of a box of mangoes changed from ₹50 to ₹40. What is the percentage decrease?
  21. 21.What is the simple interest on ₹3300 at 5% per year for 4 years (in ₹)?
  22. 22.A cycle costs ₹4000. It is sold at a 30% profit. What is the selling price (in ₹)?
  23. 23.A cycle costs ₹500. It is sold at a 20% loss. What is the selling price (in ₹)?
  24. 24.What is 75% of 780?
  25. 25.A cycle costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
  26. 26.A cycle costs ₹800. It is sold at a 15% loss. What is the selling price (in ₹)?
  27. 27.What is 55% of 320?
  28. 28.What is the simple interest on ₹7200 at 6% per year for 2 years (in ₹)?
  29. 29.The price of a box of mangoes changed from ₹400 to ₹480. What is the percentage increase?
  30. 30.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1790. What is the profit (in ₹)?
  31. 31.A cricket kit costs ₹600. It is sold at a 30% loss. What is the selling price (in ₹)?
  32. 32.A shopkeeper buys a cricket kit for ₹1400 and sells it for ₹1550. What is the profit (in ₹)?
  33. 33.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
  34. 34.A cycle bought for ₹4000 is sold for ₹4200. What is the profit per cent?
  35. 35.A cricket kit bought for ₹3800 is sold for ₹1900. What is the loss per cent?
  36. 36.The price of a box of mangoes changed from ₹500 to ₹700. What is the percentage increase?
  37. 37.A fan bought for ₹3400 is sold for ₹2550. What is the loss per cent?
  38. 38.The price of a pair of shoes changed from ₹200 to ₹220. What is the percentage increase?
  39. 39.What is 25% of 60?
  40. 40.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 5 years (in ₹)?

Answer key

  1. 11070
  2. 270
  3. 12384
  4. 630
  5. 90
  6. 50
  7. 12276
  8. 33
  9. 64
  10. 80
  11. 10
  12. 80
  13. 20
  14. 210
  15. 1520
  16. 232
  17. 25
  18. 910
  19. 20
  20. 20
  21. 660
  22. 5200
  23. 400
  24. 585
  25. 3000
  26. 680
  27. 176
  28. 864
  29. 20
  30. 290
  31. 420
  32. 150
  33. 40
  34. 5
  35. 50
  36. 40
  37. 25
  38. 10
  39. 15
  40. 2530

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