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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 247 · 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 15% of 80?
  2. 2.What is the amount (principal + simple interest) on ₹8000 at 2% per year for 4 years (in ₹)?
  3. 3.A watch bought for ₹3800 is sold for ₹4256. What is the profit per cent?
  4. 4.The price of a school bag changed from ₹80 to ₹56. What is the percentage decrease?
  5. 5.What is the simple interest on ₹7800 at 6% per year for 5 years (in ₹)?
  6. 6.A shopkeeper buys a table for ₹2950 and sells it for ₹2850. What is the loss (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹9800 at 3% per year for 2 years (in ₹)?
  8. 8.A cycle costs ₹2000. It is sold at a 30% loss. What is the selling price (in ₹)?
  9. 9.The price of a cricket ball changed from ₹400 to ₹280. What is the percentage decrease?
  10. 10.What is the simple interest on ₹2600 at 9% per year for 2 years (in ₹)?
  11. 11.A sewing machine bought for ₹1400 is sold for ₹1750. What is the profit per cent?
  12. 12.A shopkeeper buys a cycle for ₹500 and sells it for ₹530. What is the profit (in ₹)?
  13. 13.A sewing machine costs ₹2900. It is sold at a 40% profit. What is the selling price (in ₹)?
  14. 14.A mobile phone costs ₹2800. It is sold at a 20% loss. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹9100 at 4% per year for 1 year (in ₹)?
  16. 16.A mobile phone bought for ₹3900 is sold for ₹3315. What is the loss per cent?
  17. 17.A cooler bought for ₹3900 is sold for ₹2730. What is the loss per cent?
  18. 18.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1580. What is the loss (in ₹)?
  19. 19.What is the simple interest on ₹8100 at 10% per year for 4 years (in ₹)?
  20. 20.What is the simple interest on ₹6200 at 4% per year for 2 years (in ₹)?
  21. 21.The price of a cricket ball changed from ₹50 to ₹65. What is the percentage increase?
  22. 22.What is 5% of 500?
  23. 23.What is the amount (principal + simple interest) on ₹5100 at 4% per year for 2 years (in ₹)?
  24. 24.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1350. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹7200 at 9% per year for 1 year (in ₹)?
  26. 26.A shopkeeper buys a fan for ₹2000 and sells it for ₹1950. What is the loss (in ₹)?
  27. 27.What is the simple interest on ₹7500 at 3% per year for 3 years (in ₹)?
  28. 28.A shopkeeper buys a table for ₹1100 and sells it for ₹1190. What is the profit (in ₹)?
  29. 29.A table bought for ₹2800 is sold for ₹4200. What is the profit per cent?
  30. 30.What is the amount (principal + simple interest) on ₹2600 at 12% per year for 1 year (in ₹)?
  31. 31.What is the simple interest on ₹8900 at 10% per year for 4 years (in ₹)?
  32. 32.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2620. What is the loss (in ₹)?
  33. 33.What is 30% of 860?
  34. 34.A mobile phone bought for ₹3000 is sold for ₹2100. What is the loss per cent?
  35. 35.What is the simple interest on ₹2900 at 7% per year for 5 years (in ₹)?
  36. 36.A table bought for ₹400 is sold for ₹380. What is the loss per cent?
  37. 37.What is the amount (principal + simple interest) on ₹1600 at 11% per year for 2 years (in ₹)?
  38. 38.What is the simple interest on ₹7100 at 4% per year for 2 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹6800 at 5% per year for 2 years (in ₹)?
  40. 40.A fan bought for ₹3600 is sold for ₹2520. What is the loss per cent?

Answer key

  1. 12
  2. 8640
  3. 12
  4. 30
  5. 2340
  6. 100
  7. 10388
  8. 1400
  9. 30
  10. 468
  11. 25
  12. 30
  13. 4060
  14. 2240
  15. 364
  16. 15
  17. 30
  18. 20
  19. 3240
  20. 496
  21. 30
  22. 25
  23. 5508
  24. 50
  25. 7848
  26. 50
  27. 675
  28. 90
  29. 50
  30. 2912
  31. 3560
  32. 30
  33. 258
  34. 30
  35. 1015
  36. 5
  37. 1952
  38. 568
  39. 7480
  40. 30

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