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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 14 · 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 ₹6800 at 10% per year for 4 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹1900 at 8% per year for 2 years (in ₹)?
  3. 3.What is the simple interest on ₹2600 at 6% per year for 2 years (in ₹)?
  4. 4.A cricket kit costs ₹2900. It is sold at a 10% loss. What is the selling price (in ₹)?
  5. 5.What is 10% of 480?
  6. 6.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹1180. What is the profit (in ₹)?
  7. 7.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
  8. 8.A mobile phone costs ₹2400. It is sold at a 50% loss. What is the selling price (in ₹)?
  9. 9.A cooler costs ₹3300. It is sold at a 50% profit. What is the selling price (in ₹)?
  10. 10.The price of a pair of shoes changed from ₹100 to ₹120. What is the percentage increase?
  11. 11.A table costs ₹3000. It is sold at a 10% profit. What is the selling price (in ₹)?
  12. 12.The price of a box of mangoes changed from ₹200 to ₹210. What is the percentage increase?
  13. 13.What is the simple interest on ₹4300 at 12% per year for 1 year (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹8300 at 8% per year for 4 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹3400 at 6% per year for 3 years (in ₹)?
  16. 16.What is the simple interest on ₹800 at 8% per year for 1 year (in ₹)?
  17. 17.A fan costs ₹2400. It is sold at a 20% loss. What is the selling price (in ₹)?
  18. 18.A mobile phone bought for ₹3000 is sold for ₹2700. What is the loss per cent?
  19. 19.A shopkeeper buys a fan for ₹750 and sells it for ₹880. What is the profit (in ₹)?
  20. 20.A cricket kit bought for ₹2200 is sold for ₹2090. What is the loss per cent?
  21. 21.A mobile phone bought for ₹800 is sold for ₹1000. What is the profit per cent?
  22. 22.What is 20% of 280?
  23. 23.A watch costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
  24. 24.A cycle costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹1700 at 8% per year for 2 years (in ₹)?
  26. 26.A cycle bought for ₹1200 is sold for ₹1800. What is the profit per cent?
  27. 27.What is the simple interest on ₹8000 at 11% per year for 5 years (in ₹)?
  28. 28.A shopkeeper buys a table for ₹2050 and sells it for ₹2070. What is the profit (in ₹)?
  29. 29.A table costs ₹200. It is sold at a 12% loss. What is the selling price (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹700 at 4% per year for 4 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹1800 at 7% per year for 2 years (in ₹)?
  32. 32.What is the simple interest on ₹4700 at 2% per year for 2 years (in ₹)?
  33. 33.A shopkeeper buys a table for ₹550 and sells it for ₹840. What is the profit (in ₹)?
  34. 34.A fan bought for ₹1600 is sold for ₹2240. What is the profit per cent?
  35. 35.What is 60% of 280?
  36. 36.A shopkeeper buys a fan for ₹300 and sells it for ₹140. What is the loss (in ₹)?
  37. 37.The price of a cricket ball changed from ₹400 to ₹480. What is the percentage increase?
  38. 38.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
  39. 39.What is the simple interest on ₹2900 at 7% per year for 2 years (in ₹)?
  40. 40.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2090. What is the loss (in ₹)?

Answer key

  1. 9520
  2. 2204
  3. 312
  4. 2610
  5. 48
  6. 130
  7. 80
  8. 1200
  9. 4950
  10. 20
  11. 3300
  12. 5
  13. 516
  14. 10956
  15. 4012
  16. 64
  17. 1920
  18. 10
  19. 130
  20. 5
  21. 25
  22. 56
  23. 440
  24. 2280
  25. 1972
  26. 50
  27. 4400
  28. 20
  29. 176
  30. 812
  31. 2052
  32. 188
  33. 290
  34. 40
  35. 168
  36. 160
  37. 20
  38. 75
  39. 406
  40. 160

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