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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 282 · 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 simple interest on ₹4800 at 11% per year for 2 years (in ₹)?
  2. 2.The price of a box of mangoes changed from ₹40 to ₹28. What is the percentage decrease?
  3. 3.A watch bought for ₹3700 is sold for ₹3515. What is the loss per cent?
  4. 4.What is the simple interest on ₹3600 at 4% per year for 1 year (in ₹)?
  5. 5.The price of a cricket ball changed from ₹25 to ₹45. What is the percentage increase?
  6. 6.What is 80% of 200?
  7. 7.The price of a box of mangoes changed from ₹80 to ₹72. What is the percentage decrease?
  8. 8.What is the simple interest on ₹3100 at 4% per year for 1 year (in ₹)?
  9. 9.The price of a box of mangoes changed from ₹40 to ₹38. What is the percentage decrease?
  10. 10.What is 70% of 580?
  11. 11.The price of a pair of shoes changed from ₹100 to ₹105. What is the percentage increase?
  12. 12.A cycle bought for ₹2000 is sold for ₹2300. What is the profit per cent?
  13. 13.The price of a pair of shoes changed from ₹200 to ₹260. What is the percentage increase?
  14. 14.A table costs ₹2000. It is sold at a 10% loss. What is the selling price (in ₹)?
  15. 15.A cycle bought for ₹2400 is sold for ₹1680. What is the loss per cent?
  16. 16.A cycle costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹2300 at 11% per year for 4 years (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹2700 at 12% per year for 3 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹2200 at 10% per year for 2 years (in ₹)?
  20. 20.A shopkeeper buys a fan for ₹2800 and sells it for ₹2570. What is the loss (in ₹)?
  21. 21.A cricket kit bought for ₹3400 is sold for ₹4420. What is the profit per cent?
  22. 22.A shopkeeper buys a fan for ₹1300 and sells it for ₹1180. What is the loss (in ₹)?
  23. 23.A watch bought for ₹1700 is sold for ₹1530. What is the loss per cent?
  24. 24.A watch costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
  25. 25.A cricket kit costs ₹3600. It is sold at a 50% profit. What is the selling price (in ₹)?
  26. 26.A fan bought for ₹1500 is sold for ₹1275. What is the loss per cent?
  27. 27.The price of a cricket ball changed from ₹100 to ₹20. What is the percentage decrease?
  28. 28.What is the amount (principal + simple interest) on ₹5600 at 4% per year for 2 years (in ₹)?
  29. 29.A cricket kit bought for ₹300 is sold for ₹225. What is the loss per cent?
  30. 30.A cycle costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹1010. What is the profit (in ₹)?
  32. 32.What is 25% of 100?
  33. 33.What is 95% of 460?
  34. 34.What is 95% of 580?
  35. 35.What is the simple interest on ₹1800 at 12% per year for 2 years (in ₹)?
  36. 36.A watch costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
  37. 37.A watch bought for ₹3600 is sold for ₹4140. What is the profit per cent?
  38. 38.What is the simple interest on ₹9100 at 9% per year for 2 years (in ₹)?
  39. 39.A cycle bought for ₹2700 is sold for ₹2025. What is the loss per cent?
  40. 40.What is the simple interest on ₹4500 at 6% per year for 2 years (in ₹)?

Answer key

  1. 1056
  2. 30
  3. 5
  4. 144
  5. 80
  6. 160
  7. 10
  8. 124
  9. 5
  10. 406
  11. 5
  12. 15
  13. 30
  14. 1800
  15. 30
  16. 3250
  17. 3312
  18. 3672
  19. 2640
  20. 230
  21. 30
  22. 120
  23. 10
  24. 480
  25. 5400
  26. 15
  27. 80
  28. 6048
  29. 25
  30. 704
  31. 110
  32. 25
  33. 437
  34. 551
  35. 432
  36. 3990
  37. 15
  38. 1638
  39. 25
  40. 540

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