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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 160 · 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 simple interest on ₹1900 at 10% per year for 1 year (in ₹)?
  2. 2.The price of a box of mangoes changed from ₹25 to ₹5. What is the percentage decrease?
  3. 3.What is the simple interest on ₹9700 at 12% per year for 3 years (in ₹)?
  4. 4.What is the simple interest on ₹500 at 3% per year for 4 years (in ₹)?
  5. 5.A shopkeeper buys a cooler for ₹350 and sells it for ₹80. What is the loss (in ₹)?
  6. 6.What is the simple interest on ₹4000 at 3% per year for 5 years (in ₹)?
  7. 7.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
  8. 8.What is the amount (principal + simple interest) on ₹2100 at 4% per year for 4 years (in ₹)?
  9. 9.A cricket kit bought for ₹1200 is sold for ₹1680. What is the profit per cent?
  10. 10.The price of a bus pass changed from ₹40 to ₹76. What is the percentage increase?
  11. 11.The price of a pair of shoes changed from ₹80 to ₹96. What is the percentage increase?
  12. 12.What is the simple interest on ₹7600 at 11% per year for 1 year (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹1500 at 10% per year for 2 years (in ₹)?
  14. 14.A shopkeeper buys a table for ₹1550 and sells it for ₹1670. What is the profit (in ₹)?
  15. 15.A shopkeeper buys a table for ₹650 and sells it for ₹920. What is the profit (in ₹)?
  16. 16.A shopkeeper buys a cooler for ₹350 and sells it for ₹290. What is the loss (in ₹)?
  17. 17.What is the simple interest on ₹6600 at 2% per year for 1 year (in ₹)?
  18. 18.What is the simple interest on ₹7800 at 12% per year for 1 year (in ₹)?
  19. 19.A watch costs ₹1900. It is sold at a 12% profit. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a cycle for ₹750 and sells it for ₹830. What is the profit (in ₹)?
  21. 21.A fan bought for ₹1700 is sold for ₹2125. What is the profit per cent?
  22. 22.What is the simple interest on ₹700 at 9% per year for 1 year (in ₹)?
  23. 23.What is the simple interest on ₹700 at 4% per year for 4 years (in ₹)?
  24. 24.A shopkeeper buys a cooler for ₹1250 and sells it for ₹990. What is the loss (in ₹)?
  25. 25.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2540. What is the loss (in ₹)?
  26. 26.A fan costs ₹3300. It is sold at a 20% profit. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a cooler for ₹2050 and sells it for ₹2170. What is the profit (in ₹)?
  28. 28.The price of a box of mangoes changed from ₹80 to ₹40. What is the percentage decrease?
  29. 29.What is the amount (principal + simple interest) on ₹6500 at 12% per year for 3 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹7900 at 2% per year for 2 years (in ₹)?
  31. 31.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1530. What is the loss (in ₹)?
  32. 32.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1200. What is the profit (in ₹)?
  33. 33.The price of a water bottle changed from ₹500 to ₹650. What is the percentage increase?
  34. 34.What is the simple interest on ₹5300 at 12% per year for 5 years (in ₹)?
  35. 35.What is 45% of 980?
  36. 36.A fan bought for ₹1700 is sold for ₹850. What is the loss per cent?
  37. 37.The price of a bus pass changed from ₹20 to ₹35. What is the percentage increase?
  38. 38.A mobile phone bought for ₹200 is sold for ₹250. What is the profit per cent?
  39. 39.What is 30% of 160?
  40. 40.A cricket kit costs ₹300. It is sold at a 12% loss. What is the selling price (in ₹)?

Answer key

  1. 190
  2. 80
  3. 3492
  4. 60
  5. 270
  6. 600
  7. 20
  8. 2436
  9. 40
  10. 90
  11. 20
  12. 836
  13. 1800
  14. 120
  15. 270
  16. 60
  17. 132
  18. 936
  19. 2128
  20. 80
  21. 25
  22. 63
  23. 112
  24. 260
  25. 10
  26. 3960
  27. 120
  28. 50
  29. 8840
  30. 8216
  31. 70
  32. 150
  33. 30
  34. 3180
  35. 441
  36. 50
  37. 75
  38. 25
  39. 48
  40. 264

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