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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 179 · 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 ₹7200 at 10% per year for 2 years (in ₹)?
  2. 2.What is 40% of 800?
  3. 3.What is the simple interest on ₹5500 at 10% per year for 2 years (in ₹)?
  4. 4.What is 45% of 620?
  5. 5.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2230. What is the loss (in ₹)?
  6. 6.The price of a box of mangoes changed from ₹40 to ₹56. What is the percentage increase?
  7. 7.A cricket kit costs ₹400. It is sold at a 50% profit. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a cooler for ₹1850 and sells it for ₹2080. What is the profit (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹7300 at 6% per year for 5 years (in ₹)?
  10. 10.A cooler costs ₹3000. It is sold at a 30% profit. What is the selling price (in ₹)?
  11. 11.A watch bought for ₹1900 is sold for ₹1995. What is the profit per cent?
  12. 12.A cycle costs ₹1900. It is sold at a 40% loss. What is the selling price (in ₹)?
  13. 13.A shopkeeper buys a cooler for ₹900 and sells it for ₹960. What is the profit (in ₹)?
  14. 14.What is 10% of 1000?
  15. 15.A shopkeeper buys a cricket kit for ₹1800 and sells it for ₹2040. What is the profit (in ₹)?
  16. 16.What is the simple interest on ₹1300 at 6% per year for 1 year (in ₹)?
  17. 17.The price of a water bottle changed from ₹250 to ₹450. What is the percentage increase?
  18. 18.What is the simple interest on ₹1200 at 4% per year for 5 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹2800 at 4% per year for 5 years (in ₹)?
  20. 20.What is 20% of 440?
  21. 21.The price of a school bag changed from ₹20 to ₹21. What is the percentage increase?
  22. 22.A watch bought for ₹1300 is sold for ₹1625. What is the profit per cent?
  23. 23.A shopkeeper buys a cooler for ₹400 and sells it for ₹430. What is the profit (in ₹)?
  24. 24.A sewing machine costs ₹3300. It is sold at a 12% loss. What is the selling price (in ₹)?
  25. 25.What is 10% of 160?
  26. 26.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
  27. 27.A shopkeeper buys a fan for ₹700 and sells it for ₹990. What is the profit (in ₹)?
  28. 28.What is the simple interest on ₹2800 at 5% per year for 4 years (in ₹)?
  29. 29.A fan costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
  30. 30.The price of a cricket ball changed from ₹200 to ₹196. What is the percentage decrease?
  31. 31.What is the simple interest on ₹6400 at 7% per year for 2 years (in ₹)?
  32. 32.What is the simple interest on ₹2600 at 9% per year for 2 years (in ₹)?
  33. 33.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2720. What is the loss (in ₹)?
  34. 34.What is 5% of 660?
  35. 35.The price of a cricket ball changed from ₹50 to ₹65. What is the percentage increase?
  36. 36.The price of a cricket ball changed from ₹400 to ₹420. What is the percentage increase?
  37. 37.What is the amount (principal + simple interest) on ₹6400 at 4% per year for 5 years (in ₹)?
  38. 38.The price of a school bag changed from ₹500 to ₹700. What is the percentage increase?
  39. 39.What is 10% of 620?
  40. 40.What is 90% of 940?

Answer key

  1. 8640
  2. 320
  3. 1100
  4. 279
  5. 270
  6. 40
  7. 600
  8. 230
  9. 9490
  10. 3900
  11. 5
  12. 1140
  13. 60
  14. 100
  15. 240
  16. 78
  17. 80
  18. 240
  19. 3360
  20. 88
  21. 5
  22. 25
  23. 30
  24. 2904
  25. 16
  26. 30
  27. 290
  28. 560
  29. 2945
  30. 2
  31. 896
  32. 468
  33. 30
  34. 33
  35. 30
  36. 5
  37. 7680
  38. 40
  39. 62
  40. 846

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