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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 249 · 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 amount (principal + simple interest) on ₹4300 at 3% per year for 4 years (in ₹)?
  2. 2.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
  3. 3.What is the simple interest on ₹2600 at 9% per year for 5 years (in ₹)?
  4. 4.A cycle costs ₹2600. It is sold at a 20% loss. What is the selling price (in ₹)?
  5. 5.A watch bought for ₹3000 is sold for ₹2250. What is the loss per cent?
  6. 6.A mobile phone costs ₹2600. It is sold at a 5% loss. What is the selling price (in ₹)?
  7. 7.A cooler costs ₹400. It is sold at a 40% profit. What is the selling price (in ₹)?
  8. 8.The price of a school bag changed from ₹50 to ₹40. What is the percentage decrease?
  9. 9.What is the amount (principal + simple interest) on ₹4800 at 5% per year for 3 years (in ₹)?
  10. 10.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1520. What is the profit (in ₹)?
  11. 11.A shopkeeper buys a cooler for ₹600 and sells it for ₹540. What is the loss (in ₹)?
  12. 12.The price of a water bottle changed from ₹40 to ₹4. What is the percentage decrease?
  13. 13.What is the simple interest on ₹7700 at 5% per year for 4 years (in ₹)?
  14. 14.A cycle bought for ₹3700 is sold for ₹3256. What is the loss per cent?
  15. 15.The price of a pair of shoes changed from ₹500 to ₹525. What is the percentage increase?
  16. 16.What is the simple interest on ₹8000 at 6% per year for 4 years (in ₹)?
  17. 17.What is the simple interest on ₹1900 at 10% per year for 1 year (in ₹)?
  18. 18.A shopkeeper buys a table for ₹1900 and sells it for ₹2140. What is the profit (in ₹)?
  19. 19.A fan bought for ₹1700 is sold for ₹1904. What is the profit per cent?
  20. 20.A cricket kit costs ₹3300. It is sold at a 5% loss. What is the selling price (in ₹)?
  21. 21.A shopkeeper buys a fan for ₹2100 and sells it for ₹2070. What is the loss (in ₹)?
  22. 22.A cooler bought for ₹700 is sold for ₹490. What is the loss per cent?
  23. 23.What is 35% of 720?
  24. 24.What is the simple interest on ₹10000 at 12% per year for 4 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 2 years (in ₹)?
  26. 26.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2000. What is the loss (in ₹)?
  27. 27.What is the simple interest on ₹6700 at 9% per year for 4 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹500 at 7% per year for 2 years (in ₹)?
  29. 29.A cycle costs ₹3700. It is sold at a 40% loss. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a fan for ₹500 and sells it for ₹350. What is the loss (in ₹)?
  31. 31.What is the simple interest on ₹1900 at 2% per year for 4 years (in ₹)?
  32. 32.A mobile phone costs ₹2100. It is sold at a 5% loss. What is the selling price (in ₹)?
  33. 33.A cricket kit costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
  34. 34.The price of a school bag changed from ₹40 to ₹52. What is the percentage increase?
  35. 35.The price of a pair of shoes changed from ₹100 to ₹180. What is the percentage increase?
  36. 36.What is 90% of 740?
  37. 37.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹3040. What is the profit (in ₹)?
  38. 38.What is the simple interest on ₹700 at 2% per year for 4 years (in ₹)?
  39. 39.A shopkeeper buys a watch for ₹2100 and sells it for ₹2180. What is the profit (in ₹)?
  40. 40.What is the simple interest on ₹1000 at 12% per year for 1 year (in ₹)?

Answer key

  1. 4816
  2. 60
  3. 1170
  4. 2080
  5. 25
  6. 2470
  7. 560
  8. 20
  9. 5520
  10. 70
  11. 60
  12. 90
  13. 1540
  14. 12
  15. 5
  16. 1920
  17. 190
  18. 240
  19. 12
  20. 3135
  21. 30
  22. 30
  23. 252
  24. 4800
  25. 2332
  26. 250
  27. 2412
  28. 570
  29. 2220
  30. 150
  31. 152
  32. 1995
  33. 2250
  34. 30
  35. 80
  36. 666
  37. 290
  38. 56
  39. 80
  40. 120

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