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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 232 · 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 fan for ₹2950 and sells it for ₹2750. What is the loss (in ₹)?
  2. 2.What is 20% of 140?
  3. 3.A mobile phone costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
  4. 4.The price of a water bottle changed from ₹100 to ₹160. What is the percentage increase?
  5. 5.What is the simple interest on ₹2600 at 7% per year for 5 years (in ₹)?
  6. 6.What is the simple interest on ₹8500 at 3% per year for 1 year (in ₹)?
  7. 7.The price of a school bag changed from ₹400 to ₹380. What is the percentage decrease?
  8. 8.A cooler bought for ₹1100 is sold for ₹550. What is the loss per cent?
  9. 9.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹670. What is the loss (in ₹)?
  10. 10.A mobile phone bought for ₹3300 is sold for ₹4620. What is the profit per cent?
  11. 11.What is the simple interest on ₹4300 at 7% per year for 4 years (in ₹)?
  12. 12.The price of a pair of shoes changed from ₹250 to ₹200. What is the percentage decrease?
  13. 13.The price of a cricket ball changed from ₹200 to ₹280. What is the percentage increase?
  14. 14.The price of a school bag changed from ₹80 to ₹152. What is the percentage increase?
  15. 15.A fan costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
  16. 16.The price of a pair of shoes changed from ₹250 to ₹225. What is the percentage decrease?
  17. 17.What is the amount (principal + simple interest) on ₹3600 at 12% per year for 3 years (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹5400 at 10% per year for 3 years (in ₹)?
  19. 19.What is the simple interest on ₹10000 at 6% per year for 3 years (in ₹)?
  20. 20.What is 90% of 380?
  21. 21.What is the simple interest on ₹7200 at 3% per year for 5 years (in ₹)?
  22. 22.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹540. What is the loss (in ₹)?
  23. 23.What is the simple interest on ₹4500 at 8% per year for 3 years (in ₹)?
  24. 24.The price of a pair of shoes changed from ₹40 to ₹42. What is the percentage increase?
  25. 25.What is 45% of 300?
  26. 26.A shopkeeper buys a fan for ₹1700 and sells it for ₹1750. What is the profit (in ₹)?
  27. 27.What is 30% of 360?
  28. 28.What is 90% of 580?
  29. 29.A shopkeeper buys a cooler for ₹3000 and sells it for ₹3190. What is the profit (in ₹)?
  30. 30.A mobile phone bought for ₹300 is sold for ₹315. What is the profit per cent?
  31. 31.A shopkeeper buys a sewing machine for ₹1300 and sells it for ₹1260. What is the loss (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹8700 at 8% per year for 1 year (in ₹)?
  33. 33.A watch bought for ₹3300 is sold for ₹2310. What is the loss per cent?
  34. 34.What is the amount (principal + simple interest) on ₹4400 at 10% per year for 4 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹4400 at 11% per year for 1 year (in ₹)?
  36. 36.What is 25% of 200?
  37. 37.What is the simple interest on ₹7900 at 3% per year for 1 year (in ₹)?
  38. 38.What is the simple interest on ₹5100 at 4% per year for 1 year (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹1000 at 12% per year for 3 years (in ₹)?
  40. 40.What is 75% of 560?

Answer key

  1. 200
  2. 28
  3. 1265
  4. 60
  5. 910
  6. 255
  7. 5
  8. 50
  9. 180
  10. 40
  11. 1204
  12. 20
  13. 40
  14. 90
  15. 3190
  16. 10
  17. 4896
  18. 7020
  19. 1800
  20. 342
  21. 1080
  22. 60
  23. 1080
  24. 5
  25. 135
  26. 50
  27. 108
  28. 522
  29. 190
  30. 5
  31. 40
  32. 9396
  33. 30
  34. 6160
  35. 4884
  36. 50
  37. 237
  38. 204
  39. 1360
  40. 420

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