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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 363 · 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 watch for ₹2900 and sells it for ₹2860. What is the loss (in ₹)?
  2. 2.A shopkeeper buys a watch for ₹1700 and sells it for ₹1620. What is the loss (in ₹)?
  3. 3.What is the simple interest on ₹1200 at 3% per year for 4 years (in ₹)?
  4. 4.What is 15% of 360?
  5. 5.A watch costs ₹900. It is sold at a 40% loss. What is the selling price (in ₹)?
  6. 6.What is the simple interest on ₹800 at 4% per year for 5 years (in ₹)?
  7. 7.What is the simple interest on ₹8000 at 3% per year for 2 years (in ₹)?
  8. 8.What is 30% of 560?
  9. 9.What is 90% of 120?
  10. 10.A shopkeeper buys a cricket kit for ₹2150 and sells it for ₹2190. What is the profit (in ₹)?
  11. 11.A cricket kit costs ₹3400. It is sold at a 10% profit. What is the selling price (in ₹)?
  12. 12.A watch costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
  13. 13.A cooler costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
  14. 14.A table bought for ₹900 is sold for ₹1260. What is the profit per cent?
  15. 15.A shopkeeper buys a cycle for ₹2200 and sells it for ₹2240. What is the profit (in ₹)?
  16. 16.What is 30% of 80?
  17. 17.A shopkeeper buys a table for ₹450 and sells it for ₹320. What is the loss (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹10000 at 11% per year for 2 years (in ₹)?
  19. 19.What is 40% of 660?
  20. 20.What is the amount (principal + simple interest) on ₹7100 at 4% per year for 2 years (in ₹)?
  21. 21.A cricket kit costs ₹3000. It is sold at a 15% loss. What is the selling price (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹3500 at 3% per year for 1 year (in ₹)?
  23. 23.What is 45% of 120?
  24. 24.What is 45% of 700?
  25. 25.A cycle costs ₹900. It is sold at a 15% profit. What is the selling price (in ₹)?
  26. 26.The price of a water bottle changed from ₹400 to ₹760. What is the percentage increase?
  27. 27.A fan costs ₹3200. It is sold at a 40% profit. What is the selling price (in ₹)?
  28. 28.What is the simple interest on ₹8200 at 5% per year for 3 years (in ₹)?
  29. 29.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
  30. 30.A mobile phone bought for ₹1600 is sold for ₹1408. What is the loss per cent?
  31. 31.What is the simple interest on ₹4400 at 7% per year for 1 year (in ₹)?
  32. 32.A cycle costs ₹1000. It is sold at a 40% profit. What is the selling price (in ₹)?
  33. 33.The price of a school bag changed from ₹20 to ₹19. What is the percentage decrease?
  34. 34.What is 60% of 140?
  35. 35.A cooler costs ₹2600. It is sold at a 10% loss. What is the selling price (in ₹)?
  36. 36.A watch bought for ₹4000 is sold for ₹3520. What is the loss per cent?
  37. 37.A shopkeeper buys a fan for ₹950 and sells it for ₹850. What is the loss (in ₹)?
  38. 38.The price of a cricket ball changed from ₹25 to ₹15. What is the percentage decrease?
  39. 39.What is the simple interest on ₹1600 at 11% per year for 1 year (in ₹)?
  40. 40.What is 10% of 620?

Answer key

  1. 40
  2. 80
  3. 144
  4. 54
  5. 540
  6. 160
  7. 480
  8. 168
  9. 108
  10. 40
  11. 3740
  12. 805
  13. 480
  14. 40
  15. 40
  16. 24
  17. 130
  18. 12200
  19. 264
  20. 7668
  21. 2550
  22. 3605
  23. 54
  24. 315
  25. 1035
  26. 90
  27. 4480
  28. 1230
  29. 80
  30. 12
  31. 308
  32. 1400
  33. 5
  34. 84
  35. 2340
  36. 12
  37. 100
  38. 40
  39. 176
  40. 62

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