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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 210 · 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 simple interest on ₹8500 at 10% per year for 3 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 2 years (in ₹)?
  3. 3.A cycle costs ₹1900. It is sold at a 40% profit. What is the selling price (in ₹)?
  4. 4.A table bought for ₹500 is sold for ₹440. What is the loss per cent?
  5. 5.A cricket kit bought for ₹1900 is sold for ₹1615. What is the loss per cent?
  6. 6.What is 40% of 140?
  7. 7.The price of a box of mangoes changed from ₹40 to ₹24. What is the percentage decrease?
  8. 8.A shopkeeper buys a fan for ₹950 and sells it for ₹920. What is the loss (in ₹)?
  9. 9.What is 65% of 960?
  10. 10.A cycle costs ₹3800. It is sold at a 10% loss. What is the selling price (in ₹)?
  11. 11.What is the simple interest on ₹8400 at 7% per year for 3 years (in ₹)?
  12. 12.What is the simple interest on ₹8300 at 4% per year for 4 years (in ₹)?
  13. 13.A fan bought for ₹1700 is sold for ₹1445. What is the loss per cent?
  14. 14.A fan bought for ₹3500 is sold for ₹2975. What is the loss per cent?
  15. 15.The price of a bus pass changed from ₹20 to ₹25. What is the percentage increase?
  16. 16.What is 95% of 640?
  17. 17.What is the simple interest on ₹7100 at 10% per year for 1 year (in ₹)?
  18. 18.A cooler costs ₹2300. It is sold at a 5% profit. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a table for ₹2100 and sells it for ₹2170. What is the profit (in ₹)?
  20. 20.What is the simple interest on ₹3600 at 8% per year for 2 years (in ₹)?
  21. 21.The price of a school bag changed from ₹50 to ₹80. What is the percentage increase?
  22. 22.A cricket kit costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
  23. 23.What is the simple interest on ₹5100 at 6% per year for 1 year (in ₹)?
  24. 24.A sewing machine costs ₹3900. It is sold at a 5% profit. What is the selling price (in ₹)?
  25. 25.The price of a bus pass changed from ₹40 to ₹28. What is the percentage decrease?
  26. 26.What is 70% of 720?
  27. 27.What is the simple interest on ₹7800 at 9% per year for 1 year (in ₹)?
  28. 28.A fan costs ₹1700. It is sold at a 15% profit. What is the selling price (in ₹)?
  29. 29.The price of a water bottle changed from ₹200 to ₹198. What is the percentage decrease?
  30. 30.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2390. What is the profit (in ₹)?
  31. 31.The price of a water bottle changed from ₹20 to ₹5. What is the percentage decrease?
  32. 32.What is 80% of 60?
  33. 33.A sewing machine costs ₹3000. It is sold at a 5% loss. What is the selling price (in ₹)?
  34. 34.A fan bought for ₹3500 is sold for ₹3675. What is the profit per cent?
  35. 35.A shopkeeper buys a table for ₹1200 and sells it for ₹1210. What is the profit (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹4200 at 4% per year for 2 years (in ₹)?
  37. 37.The price of a bus pass changed from ₹200 to ₹300. What is the percentage increase?
  38. 38.What is the amount (principal + simple interest) on ₹4800 at 2% per year for 3 years (in ₹)?
  39. 39.A table costs ₹900. It is sold at a 40% loss. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹1240. What is the profit (in ₹)?

Answer key

  1. 2550
  2. 1232
  3. 2660
  4. 12
  5. 15
  6. 56
  7. 40
  8. 30
  9. 624
  10. 3420
  11. 1764
  12. 1328
  13. 15
  14. 15
  15. 25
  16. 608
  17. 710
  18. 2415
  19. 70
  20. 576
  21. 60
  22. 315
  23. 306
  24. 4095
  25. 30
  26. 504
  27. 702
  28. 1955
  29. 1
  30. 190
  31. 75
  32. 48
  33. 2850
  34. 5
  35. 10
  36. 4536
  37. 50
  38. 5088
  39. 540
  40. 240

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