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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 164 · 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 ₹4200 at 12% per year for 2 years (in ₹)?
  2. 2.What is 30% of 660?
  3. 3.A fan costs ₹4000. It is sold at a 20% loss. What is the selling price (in ₹)?
  4. 4.What is 40% of 200?
  5. 5.A watch costs ₹600. It is sold at a 12% profit. What is the selling price (in ₹)?
  6. 6.What is the simple interest on ₹3200 at 11% per year for 3 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹700 at 8% per year for 5 years (in ₹)?
  8. 8.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹1010. What is the profit (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹3700 at 2% per year for 5 years (in ₹)?
  10. 10.What is the simple interest on ₹6600 at 12% per year for 4 years (in ₹)?
  11. 11.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
  12. 12.A cricket kit bought for ₹3700 is sold for ₹2220. What is the loss per cent?
  13. 13.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
  14. 14.What is the amount (principal + simple interest) on ₹6300 at 7% per year for 4 years (in ₹)?
  15. 15.What is the simple interest on ₹3000 at 4% per year for 4 years (in ₹)?
  16. 16.A watch bought for ₹1800 is sold for ₹1350. What is the loss per cent?
  17. 17.A shopkeeper buys a fan for ₹900 and sells it for ₹1170. What is the profit (in ₹)?
  18. 18.The price of a school bag changed from ₹100 to ₹101. What is the percentage increase?
  19. 19.A shopkeeper buys a watch for ₹1750 and sells it for ₹1540. What is the loss (in ₹)?
  20. 20.A shopkeeper buys a fan for ₹1750 and sells it for ₹1820. What is the profit (in ₹)?
  21. 21.A cricket kit bought for ₹200 is sold for ₹220. What is the profit per cent?
  22. 22.What is 40% of 740?
  23. 23.A table bought for ₹1800 is sold for ₹900. What is the loss per cent?
  24. 24.A table bought for ₹1600 is sold for ₹1792. What is the profit per cent?
  25. 25.A sewing machine costs ₹2200. It is sold at a 40% loss. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a fan for ₹2050 and sells it for ₹2260. What is the profit (in ₹)?
  27. 27.What is 90% of 580?
  28. 28.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1390. What is the loss (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹6800 at 4% per year for 2 years (in ₹)?
  30. 30.A cooler costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹4300 at 10% per year for 2 years (in ₹)?
  32. 32.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹2750. What is the loss (in ₹)?
  33. 33.What is 90% of 780?
  34. 34.What is the simple interest on ₹7900 at 11% per year for 1 year (in ₹)?
  35. 35.What is 10% of 1000?
  36. 36.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?
  37. 37.The price of a cricket ball changed from ₹25 to ₹45. What is the percentage increase?
  38. 38.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2600. What is the loss (in ₹)?
  39. 39.The price of a bus pass changed from ₹25 to ₹20. What is the percentage decrease?
  40. 40.A sewing machine costs ₹1800. It is sold at a 20% profit. What is the selling price (in ₹)?

Answer key

  1. 1008
  2. 198
  3. 3200
  4. 80
  5. 672
  6. 1056
  7. 980
  8. 60
  9. 4070
  10. 3168
  11. 75
  12. 40
  13. 40
  14. 8064
  15. 480
  16. 25
  17. 270
  18. 1
  19. 210
  20. 70
  21. 10
  22. 296
  23. 50
  24. 12
  25. 1320
  26. 210
  27. 522
  28. 110
  29. 7344
  30. 1105
  31. 860
  32. 50
  33. 702
  34. 869
  35. 100
  36. 90
  37. 80
  38. 200
  39. 20
  40. 2160

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