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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 199 · 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 table for ₹2950 and sells it for ₹2870. What is the loss (in ₹)?
  2. 2.What is 5% of 520?
  3. 3.A cycle bought for ₹900 is sold for ₹1125. What is the profit per cent?
  4. 4.What is the simple interest on ₹2500 at 10% per year for 2 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹1300 at 7% per year for 3 years (in ₹)?
  6. 6.A shopkeeper buys a watch for ₹700 and sells it for ₹680. What is the loss (in ₹)?
  7. 7.A cycle bought for ₹2500 is sold for ₹3125. What is the profit per cent?
  8. 8.A fan costs ₹2700. It is sold at a 50% profit. What is the selling price (in ₹)?
  9. 9.A cycle costs ₹1000. It is sold at a 15% loss. What is the selling price (in ₹)?
  10. 10.A cooler bought for ₹2000 is sold for ₹1700. What is the loss per cent?
  11. 11.What is the simple interest on ₹6600 at 10% per year for 4 years (in ₹)?
  12. 12.What is 80% of 740?
  13. 13.What is 80% of 840?
  14. 14.What is the amount (principal + simple interest) on ₹8400 at 11% per year for 2 years (in ₹)?
  15. 15.A cycle costs ₹1800. It is sold at a 15% loss. What is the selling price (in ₹)?
  16. 16.A watch costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 4 years (in ₹)?
  18. 18.A cycle bought for ₹3100 is sold for ₹2790. What is the loss per cent?
  19. 19.What is 85% of 220?
  20. 20.What is 75% of 240?
  21. 21.The price of a cricket ball changed from ₹200 to ₹50. What is the percentage decrease?
  22. 22.What is the simple interest on ₹7000 at 6% per year for 5 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹3900 at 8% per year for 4 years (in ₹)?
  24. 24.What is 95% of 220?
  25. 25.A cycle costs ₹2100. It is sold at a 15% profit. What is the selling price (in ₹)?
  26. 26.A cooler costs ₹3900. It is sold at a 12% loss. What is the selling price (in ₹)?
  27. 27.What is 30% of 380?
  28. 28.A mobile phone costs ₹1500. It is sold at a 25% profit. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹1000 at 4% per year for 5 years (in ₹)?
  30. 30.What is the simple interest on ₹4100 at 9% per year for 2 years (in ₹)?
  31. 31.What is 80% of 160?
  32. 32.A cycle bought for ₹400 is sold for ₹420. What is the profit per cent?
  33. 33.The price of a school bag changed from ₹25 to ₹20. What is the percentage decrease?
  34. 34.A sewing machine bought for ₹3600 is sold for ₹2160. What is the loss per cent?
  35. 35.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹30. What is the loss (in ₹)?
  36. 36.The price of a water bottle changed from ₹80 to ₹48. What is the percentage decrease?
  37. 37.What is the amount (principal + simple interest) on ₹3200 at 11% per year for 2 years (in ₹)?
  38. 38.What is the simple interest on ₹4300 at 3% per year for 4 years (in ₹)?
  39. 39.A shopkeeper buys a table for ₹250 and sells it for ₹490. What is the profit (in ₹)?
  40. 40.What is the simple interest on ₹2500 at 3% per year for 1 year (in ₹)?

Answer key

  1. 80
  2. 26
  3. 25
  4. 500
  5. 1573
  6. 20
  7. 25
  8. 4050
  9. 850
  10. 15
  11. 2640
  12. 592
  13. 672
  14. 10248
  15. 1530
  16. 3600
  17. 3360
  18. 10
  19. 187
  20. 180
  21. 75
  22. 2100
  23. 5148
  24. 209
  25. 2415
  26. 3432
  27. 114
  28. 1875
  29. 1200
  30. 738
  31. 128
  32. 5
  33. 20
  34. 40
  35. 270
  36. 40
  37. 3904
  38. 516
  39. 240
  40. 75

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