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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 201 · 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 ₹1500 at 2% per year for 4 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹6500 at 6% per year for 4 years (in ₹)?
  3. 3.What is the simple interest on ₹3200 at 11% per year for 5 years (in ₹)?
  4. 4.A cooler bought for ₹900 is sold for ₹1125. What is the profit per cent?
  5. 5.A mobile phone bought for ₹2400 is sold for ₹2112. What is the loss per cent?
  6. 6.The price of a school bag changed from ₹40 to ₹16. What is the percentage decrease?
  7. 7.What is the simple interest on ₹8100 at 2% per year for 2 years (in ₹)?
  8. 8.A shopkeeper buys a cooler for ₹800 and sells it for ₹700. What is the loss (in ₹)?
  9. 9.A watch bought for ₹1200 is sold for ₹840. What is the loss per cent?
  10. 10.What is the simple interest on ₹8200 at 3% per year for 5 years (in ₹)?
  11. 11.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  12. 12.A shopkeeper buys a table for ₹1700 and sells it for ₹1660. What is the loss (in ₹)?
  13. 13.A cooler costs ₹2900. It is sold at a 20% profit. What is the selling price (in ₹)?
  14. 14.A cycle costs ₹3300. It is sold at a 10% profit. What is the selling price (in ₹)?
  15. 15.A table bought for ₹1300 is sold for ₹1105. What is the loss per cent?
  16. 16.A shopkeeper buys a table for ₹700 and sells it for ₹670. What is the loss (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹9400 at 4% per year for 5 years (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹4600 at 7% per year for 4 years (in ₹)?
  19. 19.What is the simple interest on ₹3900 at 5% per year for 4 years (in ₹)?
  20. 20.What is 65% of 460?
  21. 21.What is the amount (principal + simple interest) on ₹3600 at 8% per year for 4 years (in ₹)?
  22. 22.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2560. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2550. What is the profit (in ₹)?
  24. 24.What is 65% of 120?
  25. 25.A mobile phone costs ₹1300. It is sold at a 12% loss. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹370. What is the loss (in ₹)?
  27. 27.What is 75% of 120?
  28. 28.A fan costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a cooler for ₹300 and sells it for ₹290. What is the loss (in ₹)?
  30. 30.The price of a bus pass changed from ₹80 to ₹64. What is the percentage decrease?
  31. 31.A shopkeeper buys a fan for ₹450 and sells it for ₹250. What is the loss (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹3500 at 10% per year for 3 years (in ₹)?
  33. 33.A cycle bought for ₹2600 is sold for ₹2470. What is the loss per cent?
  34. 34.What is the simple interest on ₹1400 at 10% per year for 5 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹700 at 8% per year for 2 years (in ₹)?
  36. 36.The price of a bus pass changed from ₹20 to ₹22. What is the percentage increase?
  37. 37.A cycle costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
  38. 38.A cycle bought for ₹1100 is sold for ₹880. What is the loss per cent?
  39. 39.A shopkeeper buys a mobile phone for ₹2850 and sells it for ₹3060. What is the profit (in ₹)?
  40. 40.A cricket kit bought for ₹2000 is sold for ₹2200. What is the profit per cent?

Answer key

  1. 1620
  2. 8060
  3. 1760
  4. 25
  5. 12
  6. 60
  7. 324
  8. 100
  9. 30
  10. 1230
  11. 20
  12. 40
  13. 3480
  14. 3630
  15. 15
  16. 30
  17. 11280
  18. 5888
  19. 780
  20. 299
  21. 4752
  22. 10
  23. 50
  24. 78
  25. 1144
  26. 80
  27. 90
  28. 440
  29. 10
  30. 20
  31. 200
  32. 4550
  33. 5
  34. 700
  35. 812
  36. 10
  37. 2945
  38. 20
  39. 210
  40. 10

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