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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 269 · 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 ₹1650 and sells it for ₹1670. What is the profit (in ₹)?
  2. 2.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹2140. What is the profit (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹3400 at 4% per year for 3 years (in ₹)?
  4. 4.What is 60% of 520?
  5. 5.What is the simple interest on ₹5200 at 9% per year for 2 years (in ₹)?
  6. 6.A mobile phone costs ₹3200. It is sold at a 10% loss. What is the selling price (in ₹)?
  7. 7.The price of a box of mangoes changed from ₹40 to ₹24. What is the percentage decrease?
  8. 8.What is the amount (principal + simple interest) on ₹8800 at 7% per year for 3 years (in ₹)?
  9. 9.A cooler bought for ₹1100 is sold for ₹990. What is the loss per cent?
  10. 10.What is the simple interest on ₹3700 at 9% per year for 2 years (in ₹)?
  11. 11.A cricket kit costs ₹3600. It is sold at a 50% loss. What is the selling price (in ₹)?
  12. 12.A cycle bought for ₹2200 is sold for ₹1980. What is the loss per cent?
  13. 13.What is the amount (principal + simple interest) on ₹8700 at 10% per year for 5 years (in ₹)?
  14. 14.The price of a pair of shoes changed from ₹200 to ₹220. What is the percentage increase?
  15. 15.The price of a box of mangoes changed from ₹40 to ₹20. What is the percentage decrease?
  16. 16.What is 5% of 120?
  17. 17.A cooler costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
  18. 18.A table costs ₹3400. It is sold at a 20% profit. What is the selling price (in ₹)?
  19. 19.A watch costs ₹2800. It is sold at a 20% profit. What is the selling price (in ₹)?
  20. 20.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
  21. 21.What is the simple interest on ₹3800 at 3% per year for 2 years (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹700 at 7% per year for 4 years (in ₹)?
  23. 23.The price of a box of mangoes changed from ₹200 to ₹196. What is the percentage decrease?
  24. 24.A cooler costs ₹1900. It is sold at a 50% profit. What is the selling price (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹2500 at 7% per year for 1 year (in ₹)?
  26. 26.A shopkeeper buys a cycle for ₹1000 and sells it for ₹800. What is the loss (in ₹)?
  27. 27.What is 95% of 400?
  28. 28.A cooler bought for ₹1400 is sold for ₹1820. What is the profit per cent?
  29. 29.What is 95% of 900?
  30. 30.What is 95% of 40?
  31. 31.What is the simple interest on ₹9400 at 7% per year for 5 years (in ₹)?
  32. 32.A shopkeeper buys a table for ₹2550 and sells it for ₹2270. What is the loss (in ₹)?
  33. 33.A sewing machine bought for ₹1300 is sold for ₹975. What is the loss per cent?
  34. 34.A table bought for ₹1600 is sold for ₹1440. What is the loss per cent?
  35. 35.What is the simple interest on ₹6400 at 5% per year for 4 years (in ₹)?
  36. 36.What is 30% of 380?
  37. 37.A cooler costs ₹2700. It is sold at a 5% profit. What is the selling price (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹3200 at 3% per year for 4 years (in ₹)?
  39. 39.The price of a pair of shoes changed from ₹50 to ₹30. What is the percentage decrease?
  40. 40.What is the simple interest on ₹2700 at 2% per year for 4 years (in ₹)?

Answer key

  1. 20
  2. 240
  3. 3808
  4. 312
  5. 936
  6. 2880
  7. 40
  8. 10648
  9. 10
  10. 666
  11. 1800
  12. 10
  13. 13050
  14. 10
  15. 50
  16. 6
  17. 1100
  18. 4080
  19. 3360
  20. 20
  21. 228
  22. 896
  23. 2
  24. 2850
  25. 2675
  26. 200
  27. 380
  28. 30
  29. 855
  30. 38
  31. 3290
  32. 280
  33. 25
  34. 10
  35. 1280
  36. 114
  37. 2835
  38. 3584
  39. 40
  40. 216

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