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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 17 · 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.A shopkeeper buys a cricket kit for ₹3000 and sells it for ₹3040. What is the profit (in ₹)?
  2. 2.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1210. What is the profit (in ₹)?
  3. 3.What is the simple interest on ₹9800 at 7% per year for 4 years (in ₹)?
  4. 4.A shopkeeper buys a watch for ₹2200 and sells it for ₹2280. What is the profit (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹7800 at 12% per year for 4 years (in ₹)?
  6. 6.What is the simple interest on ₹5100 at 3% per year for 3 years (in ₹)?
  7. 7.A cycle bought for ₹2900 is sold for ₹3625. What is the profit per cent?
  8. 8.What is the simple interest on ₹4300 at 2% per year for 3 years (in ₹)?
  9. 9.A shopkeeper buys a watch for ₹650 and sells it for ₹590. What is the loss (in ₹)?
  10. 10.A shopkeeper buys a cycle for ₹500 and sells it for ₹660. What is the profit (in ₹)?
  11. 11.A cricket kit bought for ₹3200 is sold for ₹2560. What is the loss per cent?
  12. 12.What is the amount (principal + simple interest) on ₹2000 at 6% per year for 4 years (in ₹)?
  13. 13.A table costs ₹3700. It is sold at a 12% profit. What is the selling price (in ₹)?
  14. 14.A cooler costs ₹1500. It is sold at a 30% profit. What is the selling price (in ₹)?
  15. 15.What is 20% of 320?
  16. 16.What is the simple interest on ₹2000 at 12% per year for 4 years (in ₹)?
  17. 17.A sewing machine costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹5500 at 11% per year for 2 years (in ₹)?
  19. 19.A shopkeeper buys a cycle for ₹650 and sells it for ₹400. What is the loss (in ₹)?
  20. 20.What is 40% of 760?
  21. 21.A cycle costs ₹2300. It is sold at a 20% loss. What is the selling price (in ₹)?
  22. 22.The price of a box of mangoes changed from ₹20 to ₹30. What is the percentage increase?
  23. 23.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1180. What is the loss (in ₹)?
  24. 24.What is the simple interest on ₹8100 at 7% per year for 3 years (in ₹)?
  25. 25.What is 95% of 320?
  26. 26.What is 10% of 560?
  27. 27.What is 55% of 300?
  28. 28.A table costs ₹1800. It is sold at a 10% profit. What is the selling price (in ₹)?
  29. 29.What is the simple interest on ₹9600 at 3% per year for 1 year (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹2600 at 3% per year for 5 years (in ₹)?
  31. 31.What is 70% of 340?
  32. 32.What is the amount (principal + simple interest) on ₹1800 at 5% per year for 4 years (in ₹)?
  33. 33.The price of a school bag changed from ₹400 to ₹392. What is the percentage decrease?
  34. 34.A cooler bought for ₹1300 is sold for ₹1625. What is the profit per cent?
  35. 35.The price of a water bottle changed from ₹80 to ₹104. What is the percentage increase?
  36. 36.What is the simple interest on ₹8000 at 10% per year for 5 years (in ₹)?
  37. 37.What is 30% of 420?
  38. 38.What is 20% of 200?
  39. 39.What is the simple interest on ₹9800 at 2% per year for 2 years (in ₹)?
  40. 40.The price of a bus pass changed from ₹40 to ₹50. What is the percentage increase?

Answer key

  1. 40
  2. 110
  3. 2744
  4. 80
  5. 11544
  6. 459
  7. 25
  8. 258
  9. 60
  10. 160
  11. 20
  12. 2480
  13. 4144
  14. 1950
  15. 64
  16. 960
  17. 760
  18. 1210
  19. 250
  20. 304
  21. 1840
  22. 50
  23. 70
  24. 1701
  25. 304
  26. 56
  27. 165
  28. 1980
  29. 288
  30. 2990
  31. 238
  32. 2160
  33. 2
  34. 25
  35. 30
  36. 4000
  37. 126
  38. 40
  39. 392
  40. 25

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