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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 211 · 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.

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  1. 1.What is the amount (principal + simple interest) on ₹7000 at 3% per year for 5 years (in ₹)?
  2. 2.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹1170. What is the profit (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 4 years (in ₹)?
  4. 4.A cooler costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
  5. 5.The price of a box of mangoes changed from ₹500 to ₹700. What is the percentage increase?
  6. 6.A fan bought for ₹2800 is sold for ₹1680. What is the loss per cent?
  7. 7.The price of a cricket ball changed from ₹50 to ₹80. What is the percentage increase?
  8. 8.What is the amount (principal + simple interest) on ₹7500 at 9% per year for 2 years (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹7900 at 2% per year for 4 years (in ₹)?
  10. 10.What is 25% of 420?
  11. 11.The price of a school bag changed from ₹20 to ₹8. What is the percentage decrease?
  12. 12.What is the simple interest on ₹1900 at 6% per year for 2 years (in ₹)?
  13. 13.A mobile phone costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹4200 at 2% per year for 4 years (in ₹)?
  15. 15.What is 25% of 840?
  16. 16.The price of a bus pass changed from ₹40 to ₹32. What is the percentage decrease?
  17. 17.A shopkeeper buys a fan for ₹900 and sells it for ₹830. What is the loss (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 2 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹2200 at 11% per year for 5 years (in ₹)?
  20. 20.What is the simple interest on ₹4900 at 11% per year for 5 years (in ₹)?
  21. 21.A cricket kit bought for ₹3700 is sold for ₹2775. What is the loss per cent?
  22. 22.What is 25% of 140?
  23. 23.The price of a school bag changed from ₹40 to ₹50. What is the percentage increase?
  24. 24.The price of a bus pass changed from ₹500 to ₹750. What is the percentage increase?
  25. 25.What is the amount (principal + simple interest) on ₹1000 at 8% per year for 2 years (in ₹)?
  26. 26.A cycle bought for ₹1200 is sold for ₹1260. What is the profit per cent?
  27. 27.A mobile phone bought for ₹600 is sold for ₹540. What is the loss per cent?
  28. 28.A watch bought for ₹2400 is sold for ₹1920. What is the loss per cent?
  29. 29.What is the simple interest on ₹6200 at 4% per year for 4 years (in ₹)?
  30. 30.A fan bought for ₹600 is sold for ₹528. What is the loss per cent?
  31. 31.A fan costs ₹2400. It is sold at a 25% loss. What is the selling price (in ₹)?
  32. 32.A cricket kit costs ₹2900. It is sold at a 50% loss. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹2500 at 7% per year for 4 years (in ₹)?
  34. 34.A shopkeeper buys a cycle for ₹750 and sells it for ₹600. What is the loss (in ₹)?
  35. 35.What is the simple interest on ₹1400 at 10% per year for 2 years (in ₹)?
  36. 36.A shopkeeper buys a watch for ₹400 and sells it for ₹260. What is the loss (in ₹)?
  37. 37.What is the simple interest on ₹8500 at 8% per year for 2 years (in ₹)?
  38. 38.What is 70% of 320?
  39. 39.A watch costs ₹900. It is sold at a 40% loss. What is the selling price (in ₹)?
  40. 40.A mobile phone costs ₹3300. It is sold at a 30% profit. What is the selling price (in ₹)?

Answer key

  1. 8050
  2. 70
  3. 7020
  4. 760
  5. 40
  6. 40
  7. 60
  8. 8850
  9. 8532
  10. 105
  11. 60
  12. 228
  13. 390
  14. 4536
  15. 210
  16. 20
  17. 70
  18. 2970
  19. 3410
  20. 2695
  21. 25
  22. 35
  23. 25
  24. 50
  25. 1160
  26. 5
  27. 10
  28. 20
  29. 992
  30. 12
  31. 1800
  32. 1450
  33. 700
  34. 150
  35. 280
  36. 140
  37. 1360
  38. 224
  39. 540
  40. 4290

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