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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 161 · 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 ₹6300 at 4% per year for 3 years (in ₹)?
  2. 2.What is 90% of 200?
  3. 3.A shopkeeper buys a fan for ₹300 and sells it for ₹330. What is the profit (in ₹)?
  4. 4.A cycle bought for ₹3700 is sold for ₹3330. What is the loss per cent?
  5. 5.A shopkeeper buys a mobile phone for ₹750 and sells it for ₹700. What is the loss (in ₹)?
  6. 6.What is the simple interest on ₹1200 at 9% per year for 2 years (in ₹)?
  7. 7.A table bought for ₹2300 is sold for ₹1725. What is the loss per cent?
  8. 8.A shopkeeper buys a cycle for ₹300 and sells it for ₹260. What is the loss (in ₹)?
  9. 9.The price of a school bag changed from ₹250 to ₹100. What is the percentage decrease?
  10. 10.A cricket kit costs ₹700. It is sold at a 40% profit. What is the selling price (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹2800 at 11% per year for 3 years (in ₹)?
  12. 12.A sewing machine bought for ₹3300 is sold for ₹2310. What is the loss per cent?
  13. 13.A cricket kit costs ₹200. It is sold at a 50% profit. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹680. What is the loss (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹4900 at 8% per year for 3 years (in ₹)?
  16. 16.What is the simple interest on ₹1100 at 2% per year for 3 years (in ₹)?
  17. 17.A table bought for ₹3100 is sold for ₹2945. What is the loss per cent?
  18. 18.A table costs ₹1900. It is sold at a 40% profit. What is the selling price (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹6700 at 2% per year for 4 years (in ₹)?
  20. 20.What is 45% of 460?
  21. 21.A fan bought for ₹2400 is sold for ₹2688. What is the profit per cent?
  22. 22.What is the amount (principal + simple interest) on ₹8800 at 2% per year for 1 year (in ₹)?
  23. 23.What is 55% of 800?
  24. 24.What is the amount (principal + simple interest) on ₹3000 at 6% per year for 2 years (in ₹)?
  25. 25.A sewing machine bought for ₹200 is sold for ₹180. What is the loss per cent?
  26. 26.A shopkeeper buys a fan for ₹1000 and sells it for ₹1130. What is the profit (in ₹)?
  27. 27.The price of a pair of shoes changed from ₹20 to ₹21. What is the percentage increase?
  28. 28.A mobile phone bought for ₹900 is sold for ₹630. What is the loss per cent?
  29. 29.What is the amount (principal + simple interest) on ₹6700 at 6% per year for 1 year (in ₹)?
  30. 30.A watch bought for ₹4000 is sold for ₹2400. What is the loss per cent?
  31. 31.A shopkeeper buys a cooler for ₹2750 and sells it for ₹2890. What is the profit (in ₹)?
  32. 32.The price of a box of mangoes changed from ₹250 to ₹200. What is the percentage decrease?
  33. 33.The price of a school bag changed from ₹50 to ₹20. What is the percentage decrease?
  34. 34.What is the simple interest on ₹2800 at 7% per year for 1 year (in ₹)?
  35. 35.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹1840. What is the loss (in ₹)?
  36. 36.What is 80% of 40?
  37. 37.What is the simple interest on ₹1200 at 3% per year for 2 years (in ₹)?
  38. 38.What is 20% of 220?
  39. 39.A fan bought for ₹3400 is sold for ₹5100. What is the profit per cent?
  40. 40.A table costs ₹200. It is sold at a 15% profit. What is the selling price (in ₹)?

Answer key

  1. 7056
  2. 180
  3. 30
  4. 10
  5. 50
  6. 216
  7. 25
  8. 40
  9. 60
  10. 980
  11. 3724
  12. 30
  13. 300
  14. 120
  15. 6076
  16. 66
  17. 5
  18. 2660
  19. 7236
  20. 207
  21. 12
  22. 8976
  23. 440
  24. 3360
  25. 10
  26. 130
  27. 5
  28. 30
  29. 7102
  30. 40
  31. 140
  32. 20
  33. 60
  34. 196
  35. 60
  36. 32
  37. 72
  38. 44
  39. 50
  40. 230

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