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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 336 · 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.

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  1. 1.What is the amount (principal + simple interest) on ₹5100 at 12% per year for 4 years (in ₹)?
  2. 2.What is 40% of 380?
  3. 3.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2510. What is the loss (in ₹)?
  4. 4.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2040. What is the loss (in ₹)?
  5. 5.What is the simple interest on ₹8900 at 7% per year for 3 years (in ₹)?
  6. 6.What is the simple interest on ₹6400 at 12% per year for 4 years (in ₹)?
  7. 7.What is 95% of 340?
  8. 8.What is the simple interest on ₹2000 at 9% per year for 4 years (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹5200 at 6% per year for 3 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹7400 at 9% per year for 4 years (in ₹)?
  11. 11.The price of a water bottle changed from ₹20 to ₹2. What is the percentage decrease?
  12. 12.A watch bought for ₹2000 is sold for ₹1900. What is the loss per cent?
  13. 13.The price of a school bag changed from ₹20 to ₹22. What is the percentage increase?
  14. 14.What is 40% of 60?
  15. 15.The price of a pair of shoes changed from ₹25 to ₹10. What is the percentage decrease?
  16. 16.What is the simple interest on ₹6500 at 4% per year for 3 years (in ₹)?
  17. 17.A table bought for ₹3300 is sold for ₹3960. What is the profit per cent?
  18. 18.A cricket kit bought for ₹2900 is sold for ₹3335. What is the profit per cent?
  19. 19.What is the amount (principal + simple interest) on ₹7400 at 7% per year for 5 years (in ₹)?
  20. 20.A mobile phone bought for ₹1500 is sold for ₹1425. What is the loss per cent?
  21. 21.What is the simple interest on ₹1300 at 11% per year for 3 years (in ₹)?
  22. 22.A fan bought for ₹2900 is sold for ₹2320. What is the loss per cent?
  23. 23.A shopkeeper buys a fan for ₹2900 and sells it for ₹2970. What is the profit (in ₹)?
  24. 24.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2660. What is the profit (in ₹)?
  25. 25.What is the simple interest on ₹2900 at 8% per year for 5 years (in ₹)?
  26. 26.A shopkeeper buys a watch for ₹1400 and sells it for ₹1440. What is the profit (in ₹)?
  27. 27.The price of a water bottle changed from ₹50 to ₹65. What is the percentage increase?
  28. 28.A cooler bought for ₹400 is sold for ₹380. What is the loss per cent?
  29. 29.The price of a box of mangoes changed from ₹100 to ₹60. What is the percentage decrease?
  30. 30.A cricket kit costs ₹3500. It is sold at a 5% profit. What is the selling price (in ₹)?
  31. 31.What is 20% of 1000?
  32. 32.A table bought for ₹600 is sold for ₹420. What is the loss per cent?
  33. 33.A mobile phone bought for ₹3400 is sold for ₹4760. What is the profit per cent?
  34. 34.What is the amount (principal + simple interest) on ₹3400 at 6% per year for 4 years (in ₹)?
  35. 35.A fan bought for ₹2900 is sold for ₹3045. What is the profit per cent?
  36. 36.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹1920. What is the loss (in ₹)?
  37. 37.The price of a water bottle changed from ₹50 to ₹35. What is the percentage decrease?
  38. 38.A sewing machine bought for ₹1100 is sold for ₹1265. What is the profit per cent?
  39. 39.What is 90% of 640?
  40. 40.What is the simple interest on ₹4700 at 9% per year for 4 years (in ₹)?

Answer key

  1. 7548
  2. 152
  3. 190
  4. 260
  5. 1869
  6. 3072
  7. 323
  8. 720
  9. 6136
  10. 10064
  11. 90
  12. 5
  13. 10
  14. 24
  15. 60
  16. 780
  17. 20
  18. 15
  19. 9990
  20. 5
  21. 429
  22. 20
  23. 70
  24. 10
  25. 1160
  26. 40
  27. 30
  28. 5
  29. 40
  30. 3675
  31. 200
  32. 30
  33. 40
  34. 4216
  35. 5
  36. 80
  37. 30
  38. 15
  39. 576
  40. 1692

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