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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 338 · 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 fan bought for ₹2300 is sold for ₹1840. What is the loss per cent?
  2. 2.What is the amount (principal + simple interest) on ₹7600 at 9% per year for 5 years (in ₹)?
  3. 3.A shopkeeper buys a watch for ₹750 and sells it for ₹940. What is the profit (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹3700 at 10% per year for 5 years (in ₹)?
  5. 5.What is 20% of 660?
  6. 6.What is the simple interest on ₹5400 at 2% per year for 1 year (in ₹)?
  7. 7.The price of a school bag changed from ₹50 to ₹10. What is the percentage decrease?
  8. 8.A shopkeeper buys a table for ₹2850 and sells it for ₹2620. What is the loss (in ₹)?
  9. 9.A watch bought for ₹3100 is sold for ₹3720. What is the profit per cent?
  10. 10.A fan bought for ₹200 is sold for ₹250. What is the profit per cent?
  11. 11.What is the amount (principal + simple interest) on ₹6700 at 9% per year for 2 years (in ₹)?
  12. 12.What is the simple interest on ₹4000 at 3% per year for 1 year (in ₹)?
  13. 13.A watch bought for ₹4000 is sold for ₹4400. What is the profit per cent?
  14. 14.A watch bought for ₹2000 is sold for ₹1600. What is the loss per cent?
  15. 15.A cricket kit bought for ₹1300 is sold for ₹780. What is the loss per cent?
  16. 16.A cooler costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
  17. 17.What is the simple interest on ₹4700 at 7% per year for 1 year (in ₹)?
  18. 18.A cooler bought for ₹3900 is sold for ₹4485. What is the profit per cent?
  19. 19.What is the simple interest on ₹6700 at 10% per year for 3 years (in ₹)?
  20. 20.What is the simple interest on ₹7600 at 12% per year for 4 years (in ₹)?
  21. 21.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹440. What is the loss (in ₹)?
  22. 22.The price of a bus pass changed from ₹250 to ₹275. What is the percentage increase?
  23. 23.What is the simple interest on ₹6400 at 4% per year for 3 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹1900 at 10% per year for 4 years (in ₹)?
  25. 25.A sewing machine costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a cycle for ₹450 and sells it for ₹360. What is the loss (in ₹)?
  27. 27.The price of a box of mangoes changed from ₹40 to ₹64. What is the percentage increase?
  28. 28.A cycle bought for ₹700 is sold for ₹665. What is the loss per cent?
  29. 29.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
  30. 30.A cycle costs ₹3300. It is sold at a 50% loss. What is the selling price (in ₹)?
  31. 31.The price of a cricket ball changed from ₹50 to ₹40. What is the percentage decrease?
  32. 32.A shopkeeper buys a fan for ₹2050 and sells it for ₹2250. What is the profit (in ₹)?
  33. 33.A watch costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹7200 at 5% per year for 5 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹900 at 6% per year for 1 year (in ₹)?
  36. 36.What is the simple interest on ₹3100 at 4% per year for 3 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹4900 at 3% per year for 2 years (in ₹)?
  38. 38.What is the simple interest on ₹1600 at 12% per year for 2 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹3200 at 3% per year for 1 year (in ₹)?
  40. 40.What is 35% of 760?

Answer key

  1. 20
  2. 11020
  3. 190
  4. 5550
  5. 132
  6. 108
  7. 80
  8. 230
  9. 20
  10. 25
  11. 7906
  12. 120
  13. 10
  14. 20
  15. 40
  16. 1792
  17. 329
  18. 15
  19. 2010
  20. 3648
  21. 260
  22. 10
  23. 768
  24. 2660
  25. 1980
  26. 90
  27. 60
  28. 5
  29. 60
  30. 1650
  31. 20
  32. 200
  33. 2420
  34. 9000
  35. 954
  36. 372
  37. 5194
  38. 384
  39. 3296
  40. 266

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