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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 239 · 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 5% of 360?
  2. 2.A shopkeeper buys a fan for ₹2150 and sells it for ₹2220. What is the profit (in ₹)?
  3. 3.A fan bought for ₹3100 is sold for ₹3410. What is the profit per cent?
  4. 4.What is the amount (principal + simple interest) on ₹2800 at 12% per year for 2 years (in ₹)?
  5. 5.What is the simple interest on ₹4200 at 6% per year for 2 years (in ₹)?
  6. 6.A shopkeeper buys a cycle for ₹1900 and sells it for ₹2130. What is the profit (in ₹)?
  7. 7.What is the simple interest on ₹3600 at 8% per year for 4 years (in ₹)?
  8. 8.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1430. What is the loss (in ₹)?
  9. 9.What is the simple interest on ₹5500 at 12% per year for 5 years (in ₹)?
  10. 10.A shopkeeper buys a cycle for ₹800 and sells it for ₹950. What is the profit (in ₹)?
  11. 11.A fan bought for ₹1500 is sold for ₹900. What is the loss per cent?
  12. 12.A cooler bought for ₹1600 is sold for ₹2080. What is the profit per cent?
  13. 13.What is the simple interest on ₹2900 at 7% per year for 3 years (in ₹)?
  14. 14.What is 95% of 560?
  15. 15.What is 60% of 560?
  16. 16.What is the simple interest on ₹1100 at 4% per year for 1 year (in ₹)?
  17. 17.A mobile phone bought for ₹1900 is sold for ₹1805. What is the loss per cent?
  18. 18.What is the amount (principal + simple interest) on ₹6300 at 3% per year for 4 years (in ₹)?
  19. 19.A cooler costs ₹3000. It is sold at a 20% profit. What is the selling price (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹4700 at 6% per year for 3 years (in ₹)?
  21. 21.A mobile phone costs ₹2700. It is sold at a 15% profit. What is the selling price (in ₹)?
  22. 22.The price of a pair of shoes changed from ₹50 to ₹45. What is the percentage decrease?
  23. 23.A shopkeeper buys a cooler for ₹2050 and sells it for ₹2290. What is the profit (in ₹)?
  24. 24.A shopkeeper buys a cycle for ₹2450 and sells it for ₹2310. What is the loss (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹9000 at 2% per year for 2 years (in ₹)?
  26. 26.A cricket kit bought for ₹600 is sold for ₹900. What is the profit per cent?
  27. 27.What is the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
  28. 28.What is 65% of 160?
  29. 29.The price of a school bag changed from ₹500 to ₹800. What is the percentage increase?
  30. 30.What is the amount (principal + simple interest) on ₹9400 at 12% per year for 5 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹1000 at 11% per year for 4 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹3800 at 7% per year for 3 years (in ₹)?
  33. 33.A sewing machine costs ₹2300. It is sold at a 15% loss. What is the selling price (in ₹)?
  34. 34.What is the simple interest on ₹1400 at 7% per year for 3 years (in ₹)?
  35. 35.The price of a bus pass changed from ₹200 to ₹360. What is the percentage increase?
  36. 36.A cycle bought for ₹3700 is sold for ₹4440. What is the profit per cent?
  37. 37.What is the amount (principal + simple interest) on ₹10000 at 11% per year for 1 year (in ₹)?
  38. 38.What is 55% of 640?
  39. 39.What is the simple interest on ₹6500 at 9% per year for 2 years (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹900 at 3% per year for 4 years (in ₹)?

Answer key

  1. 18
  2. 70
  3. 10
  4. 3472
  5. 504
  6. 230
  7. 1152
  8. 20
  9. 3300
  10. 150
  11. 40
  12. 30
  13. 609
  14. 532
  15. 336
  16. 44
  17. 5
  18. 7056
  19. 3600
  20. 5546
  21. 3105
  22. 10
  23. 240
  24. 140
  25. 9360
  26. 50
  27. 2400
  28. 104
  29. 60
  30. 15040
  31. 1440
  32. 4598
  33. 1955
  34. 294
  35. 80
  36. 20
  37. 11100
  38. 352
  39. 1170
  40. 1008

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