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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 273 · 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 ₹6700 at 2% per year for 3 years (in ₹)?
  2. 2.What is 25% of 620?
  3. 3.A mobile phone costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹60. What is the loss (in ₹)?
  5. 5.What is 25% of 500?
  6. 6.What is 35% of 460?
  7. 7.What is 55% of 820?
  8. 8.The price of a water bottle changed from ₹20 to ₹38. What is the percentage increase?
  9. 9.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 1 year (in ₹)?
  10. 10.A shopkeeper buys a fan for ₹2650 and sells it for ₹2740. What is the profit (in ₹)?
  11. 11.A cycle costs ₹3500. It is sold at a 12% loss. What is the selling price (in ₹)?
  12. 12.The price of a bus pass changed from ₹20 to ₹24. What is the percentage increase?
  13. 13.What is the simple interest on ₹8800 at 6% per year for 1 year (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹5500 at 6% per year for 4 years (in ₹)?
  15. 15.The price of a box of mangoes changed from ₹100 to ₹10. What is the percentage decrease?
  16. 16.A cooler costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
  17. 17.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1290. What is the loss (in ₹)?
  18. 18.What is 30% of 740?
  19. 19.What is the amount (principal + simple interest) on ₹4100 at 4% per year for 4 years (in ₹)?
  20. 20.What is the simple interest on ₹8100 at 4% per year for 3 years (in ₹)?
  21. 21.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹490. What is the loss (in ₹)?
  22. 22.A shopkeeper buys a cycle for ₹1050 and sells it for ₹830. What is the loss (in ₹)?
  23. 23.A sewing machine costs ₹900. It is sold at a 40% profit. What is the selling price (in ₹)?
  24. 24.A cricket kit costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
  25. 25.A shopkeeper buys a cooler for ₹1950 and sells it for ₹1680. What is the loss (in ₹)?
  26. 26.A fan costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
  27. 27.What is 60% of 920?
  28. 28.What is the simple interest on ₹2500 at 8% per year for 1 year (in ₹)?
  29. 29.A cricket kit bought for ₹1600 is sold for ₹960. What is the loss per cent?
  30. 30.What is the amount (principal + simple interest) on ₹8800 at 3% per year for 4 years (in ₹)?
  31. 31.The price of a water bottle changed from ₹400 to ₹392. What is the percentage decrease?
  32. 32.A cooler bought for ₹3700 is sold for ₹3515. What is the loss per cent?
  33. 33.What is the amount (principal + simple interest) on ₹5900 at 9% per year for 1 year (in ₹)?
  34. 34.What is 45% of 720?
  35. 35.What is the simple interest on ₹9200 at 8% per year for 1 year (in ₹)?
  36. 36.A cycle bought for ₹1200 is sold for ₹1680. What is the profit per cent?
  37. 37.What is the amount (principal + simple interest) on ₹3200 at 3% per year for 3 years (in ₹)?
  38. 38.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹950. What is the loss (in ₹)?
  39. 39.What is 25% of 920?
  40. 40.What is the amount (principal + simple interest) on ₹7100 at 4% per year for 2 years (in ₹)?

Answer key

  1. 7102
  2. 155
  3. 1700
  4. 240
  5. 125
  6. 161
  7. 451
  8. 90
  9. 7992
  10. 90
  11. 3080
  12. 20
  13. 528
  14. 6820
  15. 90
  16. 150
  17. 10
  18. 222
  19. 4756
  20. 972
  21. 60
  22. 220
  23. 1260
  24. 5250
  25. 270
  26. 2816
  27. 552
  28. 200
  29. 40
  30. 9856
  31. 2
  32. 5
  33. 6431
  34. 324
  35. 736
  36. 40
  37. 3488
  38. 100
  39. 230
  40. 7668

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