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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 354 · 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 bought for ₹600 is sold for ₹540. What is the loss per cent?
  2. 2.What is the amount (principal + simple interest) on ₹1700 at 5% per year for 1 year (in ₹)?
  3. 3.A cooler costs ₹1300. It is sold at a 25% loss. What is the selling price (in ₹)?
  4. 4.A cycle costs ₹3500. It is sold at a 10% profit. What is the selling price (in ₹)?
  5. 5.A cycle bought for ₹2100 is sold for ₹2352. What is the profit per cent?
  6. 6.A shopkeeper buys a fan for ₹1100 and sells it for ₹1020. What is the loss (in ₹)?
  7. 7.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1640. What is the profit (in ₹)?
  8. 8.A fan costs ₹1800. It is sold at a 30% loss. What is the selling price (in ₹)?
  9. 9.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
  10. 10.What is the simple interest on ₹8300 at 4% per year for 1 year (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹2300 at 4% per year for 1 year (in ₹)?
  12. 12.A cricket kit costs ₹900. It is sold at a 12% profit. What is the selling price (in ₹)?
  13. 13.The price of a pair of shoes changed from ₹250 to ₹475. What is the percentage increase?
  14. 14.A table bought for ₹2700 is sold for ₹1620. What is the loss per cent?
  15. 15.What is the simple interest on ₹6300 at 7% per year for 5 years (in ₹)?
  16. 16.What is 95% of 340?
  17. 17.A table costs ₹700. It is sold at a 5% loss. What is the selling price (in ₹)?
  18. 18.A cycle bought for ₹600 is sold for ₹840. What is the profit per cent?
  19. 19.What is the amount (principal + simple interest) on ₹1700 at 12% per year for 5 years (in ₹)?
  20. 20.What is the simple interest on ₹5200 at 8% per year for 3 years (in ₹)?
  21. 21.What is the simple interest on ₹9600 at 12% per year for 4 years (in ₹)?
  22. 22.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2350. What is the loss (in ₹)?
  23. 23.What is the simple interest on ₹1800 at 3% per year for 4 years (in ₹)?
  24. 24.What is the simple interest on ₹4400 at 2% per year for 5 years (in ₹)?
  25. 25.A shopkeeper buys a table for ₹800 and sells it for ₹550. What is the loss (in ₹)?
  26. 26.What is the simple interest on ₹3000 at 10% per year for 4 years (in ₹)?
  27. 27.What is the simple interest on ₹6200 at 8% per year for 5 years (in ₹)?
  28. 28.A shopkeeper buys a watch for ₹1800 and sells it for ₹2080. What is the profit (in ₹)?
  29. 29.What is the simple interest on ₹5000 at 10% per year for 3 years (in ₹)?
  30. 30.A cooler costs ₹2700. It is sold at a 5% profit. What is the selling price (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹2300 at 12% per year for 4 years (in ₹)?
  32. 32.A shopkeeper buys a watch for ₹2200 and sells it for ₹1980. What is the loss (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹5000 at 5% per year for 2 years (in ₹)?
  34. 34.A shopkeeper buys a fan for ₹1800 and sells it for ₹1760. What is the loss (in ₹)?
  35. 35.The price of a pair of shoes changed from ₹80 to ₹40. What is the percentage decrease?
  36. 36.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2350. What is the loss (in ₹)?
  37. 37.What is the simple interest on ₹3200 at 10% per year for 2 years (in ₹)?
  38. 38.A shopkeeper buys a watch for ₹1350 and sells it for ₹1550. What is the profit (in ₹)?
  39. 39.What is 5% of 200?
  40. 40.What is the simple interest on ₹6100 at 5% per year for 5 years (in ₹)?

Answer key

  1. 10
  2. 1785
  3. 975
  4. 3850
  5. 12
  6. 80
  7. 90
  8. 1260
  9. 60
  10. 332
  11. 2392
  12. 1008
  13. 90
  14. 40
  15. 2205
  16. 323
  17. 665
  18. 40
  19. 2720
  20. 1248
  21. 4608
  22. 100
  23. 216
  24. 440
  25. 250
  26. 1200
  27. 2480
  28. 280
  29. 1500
  30. 2835
  31. 3404
  32. 220
  33. 5500
  34. 40
  35. 50
  36. 200
  37. 640
  38. 200
  39. 10
  40. 1525

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