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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 291 · 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 cooler for ₹250 and sells it for ₹110. What is the loss (in ₹)?
  2. 2.What is the simple interest on ₹4800 at 4% per year for 2 years (in ₹)?
  3. 3.A shopkeeper buys a table for ₹550 and sells it for ₹370. What is the loss (in ₹)?
  4. 4.The price of a pair of shoes changed from ₹400 to ₹640. What is the percentage increase?
  5. 5.A shopkeeper buys a cooler for ₹1250 and sells it for ₹1550. What is the profit (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹9100 at 8% per year for 5 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹2200 at 11% per year for 3 years (in ₹)?
  8. 8.The price of a pair of shoes changed from ₹400 to ₹160. What is the percentage decrease?
  9. 9.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?
  10. 10.A cooler bought for ₹200 is sold for ₹150. What is the loss per cent?
  11. 11.What is the amount (principal + simple interest) on ₹3100 at 5% per year for 4 years (in ₹)?
  12. 12.A cooler bought for ₹1000 is sold for ₹500. What is the loss per cent?
  13. 13.A shopkeeper buys a watch for ₹1300 and sells it for ₹1340. What is the profit (in ₹)?
  14. 14.A sewing machine costs ₹3800. It is sold at a 25% profit. What is the selling price (in ₹)?
  15. 15.What is 55% of 600?
  16. 16.What is 80% of 360?
  17. 17.What is the amount (principal + simple interest) on ₹7400 at 2% per year for 5 years (in ₹)?
  18. 18.What is 30% of 460?
  19. 19.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹2290. What is the profit (in ₹)?
  20. 20.A shopkeeper buys a watch for ₹1550 and sells it for ₹1580. What is the profit (in ₹)?
  21. 21.A table costs ₹1000. It is sold at a 25% profit. What is the selling price (in ₹)?
  22. 22.A sewing machine bought for ₹3400 is sold for ₹4250. What is the profit per cent?
  23. 23.What is the simple interest on ₹4400 at 4% per year for 2 years (in ₹)?
  24. 24.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1640. What is the profit (in ₹)?
  25. 25.A table costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹9300 at 5% per year for 2 years (in ₹)?
  27. 27.What is 60% of 580?
  28. 28.What is 90% of 160?
  29. 29.A shopkeeper buys a cooler for ₹2000 and sells it for ₹2030. What is the profit (in ₹)?
  30. 30.What is 20% of 760?
  31. 31.What is 65% of 760?
  32. 32.What is 85% of 260?
  33. 33.What is the simple interest on ₹600 at 7% per year for 3 years (in ₹)?
  34. 34.The price of a cricket ball changed from ₹100 to ₹101. What is the percentage increase?
  35. 35.What is 55% of 800?
  36. 36.The price of a pair of shoes changed from ₹250 to ₹255. What is the percentage increase?
  37. 37.What is 20% of 260?
  38. 38.What is the amount (principal + simple interest) on ₹7700 at 9% per year for 2 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹4200 at 5% per year for 5 years (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹2600 at 2% per year for 5 years (in ₹)?

Answer key

  1. 140
  2. 384
  3. 180
  4. 60
  5. 300
  6. 12740
  7. 2926
  8. 60
  9. 90
  10. 25
  11. 3720
  12. 50
  13. 40
  14. 4750
  15. 330
  16. 288
  17. 8140
  18. 138
  19. 240
  20. 30
  21. 1250
  22. 25
  23. 352
  24. 90
  25. 2750
  26. 10230
  27. 348
  28. 144
  29. 30
  30. 152
  31. 494
  32. 221
  33. 126
  34. 1
  35. 440
  36. 2
  37. 52
  38. 9086
  39. 5250
  40. 2860

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