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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 203 · 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 ₹6700 at 7% per year for 4 years (in ₹)?
  2. 2.A sewing machine costs ₹3800. It is sold at a 20% profit. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹6700 at 10% per year for 5 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹1500 at 6% per year for 5 years (in ₹)?
  5. 5.A shopkeeper buys a fan for ₹750 and sells it for ₹630. What is the loss (in ₹)?
  6. 6.The price of a box of mangoes changed from ₹100 to ₹60. What is the percentage decrease?
  7. 7.A table costs ₹1800. It is sold at a 25% profit. What is the selling price (in ₹)?
  8. 8.What is 10% of 960?
  9. 9.A cricket kit bought for ₹1100 is sold for ₹1232. What is the profit per cent?
  10. 10.What is 25% of 720?
  11. 11.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹530. What is the loss (in ₹)?
  12. 12.A watch costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
  13. 13.What is 70% of 440?
  14. 14.A fan bought for ₹2700 is sold for ₹3510. What is the profit per cent?
  15. 15.The price of a bus pass changed from ₹50 to ₹51. What is the percentage increase?
  16. 16.A cricket kit costs ₹1700. It is sold at a 25% profit. What is the selling price (in ₹)?
  17. 17.A shopkeeper buys a cooler for ₹950 and sells it for ₹1170. What is the profit (in ₹)?
  18. 18.The price of a cricket ball changed from ₹40 to ₹28. What is the percentage decrease?
  19. 19.What is 75% of 240?
  20. 20.What is 60% of 980?
  21. 21.A fan bought for ₹500 is sold for ₹750. What is the profit per cent?
  22. 22.What is the simple interest on ₹600 at 12% per year for 3 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹2000 at 2% per year for 3 years (in ₹)?
  24. 24.What is the simple interest on ₹4600 at 4% per year for 5 years (in ₹)?
  25. 25.The price of a box of mangoes changed from ₹20 to ₹19. What is the percentage decrease?
  26. 26.A fan costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
  27. 27.What is 45% of 40?
  28. 28.A mobile phone costs ₹2200. It is sold at a 5% profit. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹9700 at 9% per year for 2 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹1200 at 8% per year for 1 year (in ₹)?
  31. 31.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2770. What is the profit (in ₹)?
  32. 32.What is 30% of 480?
  33. 33.A mobile phone bought for ₹2700 is sold for ₹3105. What is the profit per cent?
  34. 34.A cricket kit bought for ₹1100 is sold for ₹1540. What is the profit per cent?
  35. 35.What is the amount (principal + simple interest) on ₹8500 at 3% per year for 1 year (in ₹)?
  36. 36.What is the simple interest on ₹7700 at 9% per year for 3 years (in ₹)?
  37. 37.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹500. What is the profit (in ₹)?
  38. 38.A sewing machine costs ₹1800. It is sold at a 50% profit. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a fan for ₹1050 and sells it for ₹1300. What is the profit (in ₹)?
  40. 40.A sewing machine costs ₹3600. It is sold at a 10% loss. What is the selling price (in ₹)?

Answer key

  1. 8576
  2. 4560
  3. 3350
  4. 1950
  5. 120
  6. 40
  7. 2250
  8. 96
  9. 12
  10. 180
  11. 120
  12. 425
  13. 308
  14. 30
  15. 2
  16. 2125
  17. 220
  18. 30
  19. 180
  20. 588
  21. 50
  22. 216
  23. 2120
  24. 920
  25. 5
  26. 1904
  27. 18
  28. 2310
  29. 11446
  30. 1296
  31. 220
  32. 144
  33. 15
  34. 40
  35. 8755
  36. 2079
  37. 50
  38. 2700
  39. 250
  40. 3240

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