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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 290 · 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 table costs ₹2800. It is sold at a 5% loss. What is the selling price (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹3800 at 5% per year for 1 year (in ₹)?
  3. 3.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹1900. What is the loss (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹3800 at 4% per year for 2 years (in ₹)?
  5. 5.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2970. What is the profit (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹9000 at 10% per year for 2 years (in ₹)?
  7. 7.What is 75% of 440?
  8. 8.A cycle costs ₹3100. It is sold at a 50% loss. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a table for ₹1750 and sells it for ₹1980. What is the profit (in ₹)?
  10. 10.A shopkeeper buys a cycle for ₹300 and sells it for ₹250. What is the loss (in ₹)?
  11. 11.What is 40% of 360?
  12. 12.What is the simple interest on ₹1300 at 6% per year for 4 years (in ₹)?
  13. 13.The price of a pair of shoes changed from ₹250 to ₹100. What is the percentage decrease?
  14. 14.What is the simple interest on ₹1900 at 4% per year for 2 years (in ₹)?
  15. 15.The price of a school bag changed from ₹100 to ₹160. What is the percentage increase?
  16. 16.The price of a school bag changed from ₹200 to ₹20. What is the percentage decrease?
  17. 17.The price of a bus pass changed from ₹100 to ₹40. What is the percentage decrease?
  18. 18.What is 80% of 440?
  19. 19.A fan bought for ₹1900 is sold for ₹1672. What is the loss per cent?
  20. 20.What is the amount (principal + simple interest) on ₹5600 at 4% per year for 2 years (in ₹)?
  21. 21.A shopkeeper buys a cycle for ₹2150 and sells it for ₹2430. What is the profit (in ₹)?
  22. 22.A shopkeeper buys a fan for ₹350 and sells it for ₹180. What is the loss (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹4200 at 9% per year for 2 years (in ₹)?
  24. 24.What is the simple interest on ₹7100 at 7% per year for 5 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹3600 at 8% per year for 5 years (in ₹)?
  26. 26.The price of a box of mangoes changed from ₹400 to ₹320. What is the percentage decrease?
  27. 27.A fan costs ₹1200. It is sold at a 12% loss. What is the selling price (in ₹)?
  28. 28.The price of a cricket ball changed from ₹25 to ₹45. What is the percentage increase?
  29. 29.A table costs ₹700. It is sold at a 30% profit. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a cricket kit for ₹250 and sells it for ₹310. What is the profit (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹8800 at 10% per year for 1 year (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹5500 at 7% per year for 2 years (in ₹)?
  33. 33.The price of a water bottle changed from ₹500 to ₹300. What is the percentage decrease?
  34. 34.A cooler costs ₹1700. It is sold at a 5% profit. What is the selling price (in ₹)?
  35. 35.What is the simple interest on ₹2200 at 9% per year for 1 year (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹3200 at 8% per year for 1 year (in ₹)?
  37. 37.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
  38. 38.A mobile phone bought for ₹3800 is sold for ₹4940. What is the profit per cent?
  39. 39.A cycle bought for ₹500 is sold for ₹750. What is the profit per cent?
  40. 40.What is the simple interest on ₹6300 at 5% per year for 5 years (in ₹)?

Answer key

  1. 2660
  2. 3990
  3. 200
  4. 4104
  5. 170
  6. 10800
  7. 330
  8. 1550
  9. 230
  10. 50
  11. 144
  12. 312
  13. 60
  14. 152
  15. 60
  16. 90
  17. 60
  18. 352
  19. 12
  20. 6048
  21. 280
  22. 170
  23. 4956
  24. 2485
  25. 5040
  26. 20
  27. 1056
  28. 80
  29. 910
  30. 60
  31. 9680
  32. 6270
  33. 40
  34. 1785
  35. 198
  36. 3456
  37. 20
  38. 30
  39. 50
  40. 1575

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