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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 19 · 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 fan costs ₹500. It is sold at a 30% loss. What is the selling price (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹9800 at 7% per year for 2 years (in ₹)?
  3. 3.What is the simple interest on ₹7000 at 3% per year for 4 years (in ₹)?
  4. 4.A cooler bought for ₹900 is sold for ₹450. What is the loss per cent?
  5. 5.What is the amount (principal + simple interest) on ₹9400 at 5% per year for 5 years (in ₹)?
  6. 6.A cycle costs ₹3300. It is sold at a 20% loss. What is the selling price (in ₹)?
  7. 7.What is 80% of 100?
  8. 8.What is the amount (principal + simple interest) on ₹4600 at 5% per year for 1 year (in ₹)?
  9. 9.A mobile phone bought for ₹3400 is sold for ₹4250. What is the profit per cent?
  10. 10.A shopkeeper buys a cooler for ₹2850 and sells it for ₹2930. What is the profit (in ₹)?
  11. 11.A fan bought for ₹2300 is sold for ₹1150. What is the loss per cent?
  12. 12.What is the amount (principal + simple interest) on ₹4100 at 4% per year for 2 years (in ₹)?
  13. 13.A shopkeeper buys a table for ₹2350 and sells it for ₹2120. What is the loss (in ₹)?
  14. 14.A cycle costs ₹800. It is sold at a 20% profit. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹4200 at 8% per year for 3 years (in ₹)?
  16. 16.A watch costs ₹1100. It is sold at a 50% loss. What is the selling price (in ₹)?
  17. 17.What is 35% of 680?
  18. 18.A fan costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
  19. 19.A table costs ₹2300. It is sold at a 12% loss. What is the selling price (in ₹)?
  20. 20.A fan costs ₹2200. It is sold at a 12% loss. What is the selling price (in ₹)?
  21. 21.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2790. What is the profit (in ₹)?
  22. 22.A fan bought for ₹1100 is sold for ₹1210. What is the profit per cent?
  23. 23.What is the simple interest on ₹5400 at 5% per year for 1 year (in ₹)?
  24. 24.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?
  25. 25.What is the simple interest on ₹1900 at 4% per year for 4 years (in ₹)?
  26. 26.What is 30% of 440?
  27. 27.A shopkeeper buys a table for ₹1000 and sells it for ₹930. What is the loss (in ₹)?
  28. 28.A cooler bought for ₹900 is sold for ₹810. What is the loss per cent?
  29. 29.What is 60% of 720?
  30. 30.What is 40% of 520?
  31. 31.What is the simple interest on ₹1700 at 10% per year for 1 year (in ₹)?
  32. 32.A mobile phone costs ₹2900. It is sold at a 5% loss. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹9000 at 11% per year for 5 years (in ₹)?
  34. 34.The price of a bus pass changed from ₹20 to ₹18. What is the percentage decrease?
  35. 35.The price of a water bottle changed from ₹500 to ₹550. What is the percentage increase?
  36. 36.What is the simple interest on ₹1500 at 3% per year for 3 years (in ₹)?
  37. 37.A shopkeeper buys a table for ₹1400 and sells it for ₹1220. What is the loss (in ₹)?
  38. 38.What is the simple interest on ₹9600 at 5% per year for 5 years (in ₹)?
  39. 39.A cricket kit costs ₹2100. It is sold at a 50% loss. What is the selling price (in ₹)?
  40. 40.What is 70% of 900?

Answer key

  1. 350
  2. 11172
  3. 840
  4. 50
  5. 11750
  6. 2640
  7. 80
  8. 4830
  9. 25
  10. 80
  11. 50
  12. 4428
  13. 230
  14. 960
  15. 1008
  16. 550
  17. 238
  18. 210
  19. 2024
  20. 1936
  21. 40
  22. 10
  23. 270
  24. 30
  25. 304
  26. 132
  27. 70
  28. 10
  29. 432
  30. 208
  31. 170
  32. 2755
  33. 4950
  34. 10
  35. 10
  36. 135
  37. 180
  38. 2400
  39. 1050
  40. 630

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