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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 29 · 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 ₹9600 at 12% per year for 2 years (in ₹)?
  2. 2.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1270. What is the profit (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹5200 at 9% per year for 4 years (in ₹)?
  4. 4.What is the simple interest on ₹1100 at 12% per year for 3 years (in ₹)?
  5. 5.A cycle bought for ₹2100 is sold for ₹1890. What is the loss per cent?
  6. 6.What is the simple interest on ₹3800 at 12% per year for 5 years (in ₹)?
  7. 7.A table bought for ₹2300 is sold for ₹1380. What is the loss per cent?
  8. 8.What is the simple interest on ₹4600 at 8% per year for 5 years (in ₹)?
  9. 9.What is 20% of 760?
  10. 10.What is the simple interest on ₹9500 at 11% per year for 1 year (in ₹)?
  11. 11.A shopkeeper buys a table for ₹1000 and sells it for ₹950. What is the loss (in ₹)?
  12. 12.What is 95% of 100?
  13. 13.A watch bought for ₹3100 is sold for ₹2480. What is the loss per cent?
  14. 14.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹150. What is the loss (in ₹)?
  15. 15.The price of a cricket ball changed from ₹250 to ₹400. What is the percentage increase?
  16. 16.A cricket kit costs ₹2800. It is sold at a 40% loss. What is the selling price (in ₹)?
  17. 17.A sewing machine costs ₹3800. It is sold at a 25% profit. What is the selling price (in ₹)?
  18. 18.The price of a cricket ball changed from ₹400 to ₹300. What is the percentage decrease?
  19. 19.A sewing machine bought for ₹2900 is sold for ₹2320. What is the loss per cent?
  20. 20.What is 70% of 620?
  21. 21.A cooler bought for ₹1700 is sold for ₹1360. What is the loss per cent?
  22. 22.What is 35% of 800?
  23. 23.What is the amount (principal + simple interest) on ₹7100 at 4% per year for 1 year (in ₹)?
  24. 24.A fan bought for ₹3900 is sold for ₹5070. What is the profit per cent?
  25. 25.What is 35% of 860?
  26. 26.What is 10% of 820?
  27. 27.A shopkeeper buys a table for ₹750 and sells it for ₹550. What is the loss (in ₹)?
  28. 28.A cricket kit costs ₹500. It is sold at a 5% profit. What is the selling price (in ₹)?
  29. 29.What is the simple interest on ₹8200 at 2% per year for 4 years (in ₹)?
  30. 30.A mobile phone bought for ₹3400 is sold for ₹2890. What is the loss per cent?
  31. 31.What is the simple interest on ₹3500 at 4% per year for 2 years (in ₹)?
  32. 32.A cycle bought for ₹700 is sold for ₹980. What is the profit per cent?
  33. 33.What is 15% of 640?
  34. 34.A shopkeeper buys a fan for ₹950 and sells it for ₹870. What is the loss (in ₹)?
  35. 35.What is 25% of 520?
  36. 36.What is the simple interest on ₹5900 at 10% per year for 2 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹8000 at 12% per year for 2 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹10000 at 6% per year for 1 year (in ₹)?
  39. 39.A shopkeeper buys a fan for ₹1550 and sells it for ₹1310. What is the loss (in ₹)?
  40. 40.A shopkeeper buys a fan for ₹1950 and sells it for ₹1870. What is the loss (in ₹)?

Answer key

  1. 11904
  2. 170
  3. 7072
  4. 396
  5. 10
  6. 2280
  7. 40
  8. 1840
  9. 152
  10. 1045
  11. 50
  12. 95
  13. 20
  14. 50
  15. 60
  16. 1680
  17. 4750
  18. 25
  19. 20
  20. 434
  21. 20
  22. 280
  23. 7384
  24. 30
  25. 301
  26. 82
  27. 200
  28. 525
  29. 656
  30. 15
  31. 280
  32. 40
  33. 96
  34. 80
  35. 130
  36. 1180
  37. 9920
  38. 10600
  39. 240
  40. 80

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