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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 309 · 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 ₹6000 at 12% per year for 4 years (in ₹)?
  2. 2.The price of a water bottle changed from ₹100 to ₹101. What is the percentage increase?
  3. 3.A shopkeeper buys a table for ₹1600 and sells it for ₹1620. What is the profit (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 5 years (in ₹)?
  5. 5.A cooler bought for ₹900 is sold for ₹720. What is the loss per cent?
  6. 6.A shopkeeper buys a cricket kit for ₹1600 and sells it for ₹1360. What is the loss (in ₹)?
  7. 7.A watch bought for ₹1200 is sold for ₹1056. What is the loss per cent?
  8. 8.A cycle bought for ₹2200 is sold for ₹2420. What is the profit per cent?
  9. 9.A cricket kit costs ₹2800. It is sold at a 40% loss. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a table for ₹200 and sells it for ₹340. What is the profit (in ₹)?
  11. 11.The price of a box of mangoes changed from ₹40 to ₹28. What is the percentage decrease?
  12. 12.What is 65% of 400?
  13. 13.What is the amount (principal + simple interest) on ₹5900 at 5% per year for 5 years (in ₹)?
  14. 14.The price of a water bottle changed from ₹200 to ₹300. What is the percentage increase?
  15. 15.A shopkeeper buys a cycle for ₹550 and sells it for ₹640. What is the profit (in ₹)?
  16. 16.A fan bought for ₹4000 is sold for ₹4480. What is the profit per cent?
  17. 17.What is the amount (principal + simple interest) on ₹1800 at 3% per year for 1 year (in ₹)?
  18. 18.A shopkeeper buys a cycle for ₹650 and sells it for ₹870. What is the profit (in ₹)?
  19. 19.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1770. What is the profit (in ₹)?
  20. 20.A shopkeeper buys a table for ₹2250 and sells it for ₹2000. What is the loss (in ₹)?
  21. 21.What is 85% of 820?
  22. 22.A watch bought for ₹300 is sold for ₹420. What is the profit per cent?
  23. 23.What is the simple interest on ₹2800 at 8% per year for 3 years (in ₹)?
  24. 24.The price of a bus pass changed from ₹80 to ₹48. What is the percentage decrease?
  25. 25.A shopkeeper buys a cooler for ₹2300 and sells it for ₹2130. What is the loss (in ₹)?
  26. 26.A cycle costs ₹1000. It is sold at a 40% loss. What is the selling price (in ₹)?
  27. 27.A cooler bought for ₹3100 is sold for ₹3410. What is the profit per cent?
  28. 28.A cooler costs ₹3100. It is sold at a 40% profit. What is the selling price (in ₹)?
  29. 29.What is the simple interest on ₹8700 at 2% per year for 3 years (in ₹)?
  30. 30.A table costs ₹3000. It is sold at a 30% profit. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a cooler for ₹300 and sells it for ₹410. What is the profit (in ₹)?
  32. 32.What is 55% of 980?
  33. 33.A watch costs ₹3100. It is sold at a 20% profit. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹500 at 2% per year for 3 years (in ₹)?
  35. 35.What is 65% of 860?
  36. 36.A shopkeeper buys a watch for ₹600 and sells it for ₹610. What is the profit (in ₹)?
  37. 37.The price of a water bottle changed from ₹20 to ₹12. What is the percentage decrease?
  38. 38.What is the simple interest on ₹8800 at 4% per year for 1 year (in ₹)?
  39. 39.The price of a school bag changed from ₹50 to ₹5. What is the percentage decrease?
  40. 40.The price of a bus pass changed from ₹50 to ₹30. What is the percentage decrease?

Answer key

  1. 2880
  2. 1
  3. 20
  4. 3375
  5. 20
  6. 240
  7. 12
  8. 10
  9. 1680
  10. 140
  11. 30
  12. 260
  13. 7375
  14. 50
  15. 90
  16. 12
  17. 1854
  18. 220
  19. 270
  20. 250
  21. 697
  22. 40
  23. 672
  24. 40
  25. 170
  26. 600
  27. 10
  28. 4340
  29. 522
  30. 3900
  31. 110
  32. 539
  33. 3720
  34. 530
  35. 559
  36. 10
  37. 40
  38. 352
  39. 90
  40. 40

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