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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 254 · 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 ₹600 and sells it for ₹440. What is the loss (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹9500 at 11% per year for 2 years (in ₹)?
  3. 3.A shopkeeper buys a mobile phone for ₹1150 and sells it for ₹1320. What is the profit (in ₹)?
  4. 4.A cycle costs ₹3400. It is sold at a 40% profit. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹5600 at 2% per year for 3 years (in ₹)?
  6. 6.What is 70% of 200?
  7. 7.A shopkeeper buys a watch for ₹1200 and sells it for ₹910. What is the loss (in ₹)?
  8. 8.A fan bought for ₹3800 is sold for ₹3040. What is the loss per cent?
  9. 9.A shopkeeper buys a fan for ₹800 and sells it for ₹970. What is the profit (in ₹)?
  10. 10.What is the simple interest on ₹9900 at 3% per year for 5 years (in ₹)?
  11. 11.What is 20% of 320?
  12. 12.What is 90% of 820?
  13. 13.A watch costs ₹500. It is sold at a 40% loss. What is the selling price (in ₹)?
  14. 14.What is the simple interest on ₹700 at 2% per year for 1 year (in ₹)?
  15. 15.A fan bought for ₹2600 is sold for ₹2210. What is the loss per cent?
  16. 16.A fan bought for ₹400 is sold for ₹300. What is the loss per cent?
  17. 17.What is the simple interest on ₹8100 at 11% per year for 1 year (in ₹)?
  18. 18.The price of a pair of shoes changed from ₹50 to ₹95. What is the percentage increase?
  19. 19.A cycle bought for ₹900 is sold for ₹1008. What is the profit per cent?
  20. 20.What is 95% of 260?
  21. 21.A cooler bought for ₹2300 is sold for ₹2875. What is the profit per cent?
  22. 22.What is the amount (principal + simple interest) on ₹10000 at 3% per year for 5 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹900 at 10% per year for 4 years (in ₹)?
  24. 24.A fan costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
  25. 25.What is the simple interest on ₹2100 at 8% per year for 3 years (in ₹)?
  26. 26.What is 85% of 380?
  27. 27.What is 60% of 520?
  28. 28.What is the amount (principal + simple interest) on ₹6100 at 10% per year for 4 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 5 years (in ₹)?
  30. 30.What is the simple interest on ₹8000 at 4% per year for 4 years (in ₹)?
  31. 31.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2450. What is the loss (in ₹)?
  32. 32.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2680. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹1900 and sells it for ₹2080. What is the profit (in ₹)?
  34. 34.What is the simple interest on ₹7800 at 5% per year for 5 years (in ₹)?
  35. 35.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
  36. 36.The price of a cricket ball changed from ₹80 to ₹140. What is the percentage increase?
  37. 37.What is 35% of 980?
  38. 38.What is the simple interest on ₹4800 at 8% per year for 2 years (in ₹)?
  39. 39.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
  40. 40.The price of a box of mangoes changed from ₹400 to ₹100. What is the percentage decrease?

Answer key

  1. 160
  2. 11590
  3. 170
  4. 4760
  5. 5936
  6. 140
  7. 290
  8. 20
  9. 170
  10. 1485
  11. 64
  12. 738
  13. 300
  14. 14
  15. 15
  16. 25
  17. 891
  18. 90
  19. 12
  20. 247
  21. 25
  22. 11500
  23. 1260
  24. 3990
  25. 504
  26. 323
  27. 312
  28. 8540
  29. 2530
  30. 1280
  31. 250
  32. 130
  33. 180
  34. 1950
  35. 60
  36. 75
  37. 343
  38. 768
  39. 40
  40. 75

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