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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 26 · 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 mobile phone for ₹850 and sells it for ₹790. What is the loss (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹5900 at 10% per year for 5 years (in ₹)?
  3. 3.What is the simple interest on ₹4600 at 6% per year for 4 years (in ₹)?
  4. 4.A cycle bought for ₹2900 is sold for ₹2320. What is the loss per cent?
  5. 5.What is 35% of 680?
  6. 6.The price of a cricket ball changed from ₹20 to ₹25. What is the percentage increase?
  7. 7.A cooler costs ₹3600. It is sold at a 5% profit. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2780. What is the loss (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹7700 at 5% per year for 4 years (in ₹)?
  10. 10.The price of a cricket ball changed from ₹400 to ₹392. What is the percentage decrease?
  11. 11.What is the simple interest on ₹9900 at 3% per year for 5 years (in ₹)?
  12. 12.A shopkeeper buys a cycle for ₹500 and sells it for ₹560. What is the profit (in ₹)?
  13. 13.A shopkeeper buys a fan for ₹1350 and sells it for ₹1440. What is the profit (in ₹)?
  14. 14.The price of a pair of shoes changed from ₹500 to ₹495. What is the percentage decrease?
  15. 15.What is the simple interest on ₹9500 at 11% per year for 5 years (in ₹)?
  16. 16.A fan bought for ₹2300 is sold for ₹2875. What is the profit per cent?
  17. 17.What is 90% of 800?
  18. 18.A shopkeeper buys a fan for ₹1700 and sells it for ₹1430. What is the loss (in ₹)?
  19. 19.What is the simple interest on ₹600 at 11% per year for 2 years (in ₹)?
  20. 20.A fan costs ₹1600. It is sold at a 5% loss. What is the selling price (in ₹)?
  21. 21.What is the simple interest on ₹6000 at 10% per year for 3 years (in ₹)?
  22. 22.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1630. What is the profit (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹2600 at 11% per year for 4 years (in ₹)?
  24. 24.What is the simple interest on ₹600 at 6% per year for 1 year (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹9600 at 3% per year for 3 years (in ₹)?
  26. 26.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1230. What is the profit (in ₹)?
  27. 27.What is 40% of 320?
  28. 28.What is 30% of 460?
  29. 29.The price of a water bottle changed from ₹80 to ₹152. What is the percentage increase?
  30. 30.What is the simple interest on ₹9100 at 8% per year for 4 years (in ₹)?
  31. 31.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹1880. What is the profit (in ₹)?
  32. 32.What is 65% of 120?
  33. 33.A shopkeeper buys a table for ₹550 and sells it for ₹370. What is the loss (in ₹)?
  34. 34.What is 30% of 800?
  35. 35.What is the amount (principal + simple interest) on ₹5300 at 8% per year for 5 years (in ₹)?
  36. 36.A table bought for ₹2400 is sold for ₹1920. What is the loss per cent?
  37. 37.A cycle bought for ₹3000 is sold for ₹4500. What is the profit per cent?
  38. 38.What is the simple interest on ₹4900 at 4% per year for 3 years (in ₹)?
  39. 39.The price of a bus pass changed from ₹80 to ₹128. What is the percentage increase?
  40. 40.A shopkeeper buys a fan for ₹2150 and sells it for ₹2070. What is the loss (in ₹)?

Answer key

  1. 60
  2. 8850
  3. 1104
  4. 20
  5. 238
  6. 25
  7. 3780
  8. 20
  9. 9240
  10. 2
  11. 1485
  12. 60
  13. 90
  14. 1
  15. 5225
  16. 25
  17. 720
  18. 270
  19. 132
  20. 1520
  21. 1800
  22. 80
  23. 3744
  24. 36
  25. 10464
  26. 230
  27. 128
  28. 138
  29. 90
  30. 2912
  31. 80
  32. 78
  33. 180
  34. 240
  35. 7420
  36. 20
  37. 50
  38. 588
  39. 60
  40. 80

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