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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 378 · 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 cooler for ₹2650 and sells it for ₹2390. What is the loss (in ₹)?
  2. 2.The price of a box of mangoes changed from ₹50 to ₹45. What is the percentage decrease?
  3. 3.What is the amount (principal + simple interest) on ₹7900 at 6% per year for 1 year (in ₹)?
  4. 4.What is the simple interest on ₹8900 at 4% per year for 2 years (in ₹)?
  5. 5.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹560. What is the profit (in ₹)?
  6. 6.A table costs ₹3200. It is sold at a 20% profit. What is the selling price (in ₹)?
  7. 7.A sewing machine costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹9400 at 4% per year for 5 years (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹5200 at 7% per year for 2 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹2000 at 11% per year for 2 years (in ₹)?
  11. 11.A shopkeeper buys a table for ₹1300 and sells it for ₹1040. What is the loss (in ₹)?
  12. 12.A fan bought for ₹1600 is sold for ₹1920. What is the profit per cent?
  13. 13.The price of a bus pass changed from ₹400 to ₹360. What is the percentage decrease?
  14. 14.What is the amount (principal + simple interest) on ₹9500 at 5% per year for 5 years (in ₹)?
  15. 15.A shopkeeper buys a fan for ₹1950 and sells it for ₹1860. What is the loss (in ₹)?
  16. 16.A mobile phone costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
  17. 17.What is 75% of 220?
  18. 18.What is 20% of 500?
  19. 19.What is the simple interest on ₹7000 at 3% per year for 3 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹8900 at 4% per year for 3 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹1300 at 6% per year for 2 years (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹9700 at 6% per year for 1 year (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹4200 at 10% per year for 1 year (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹6600 at 2% per year for 4 years (in ₹)?
  25. 25.A cooler costs ₹3400. It is sold at a 12% loss. What is the selling price (in ₹)?
  26. 26.What is the simple interest on ₹1600 at 12% per year for 5 years (in ₹)?
  27. 27.A cooler bought for ₹2900 is sold for ₹4060. What is the profit per cent?
  28. 28.What is the amount (principal + simple interest) on ₹7600 at 12% per year for 2 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹6400 at 3% per year for 4 years (in ₹)?
  30. 30.What is 25% of 720?
  31. 31.What is 10% of 960?
  32. 32.What is 60% of 460?
  33. 33.A shopkeeper buys a cricket kit for ₹1000 and sells it for ₹1090. What is the profit (in ₹)?
  34. 34.A sewing machine costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
  35. 35.What is the simple interest on ₹9900 at 7% per year for 2 years (in ₹)?
  36. 36.A cooler bought for ₹2600 is sold for ₹3380. What is the profit per cent?
  37. 37.A shopkeeper buys a cooler for ₹450 and sells it for ₹240. What is the loss (in ₹)?
  38. 38.A shopkeeper buys a watch for ₹1200 and sells it for ₹970. What is the loss (in ₹)?
  39. 39.A table bought for ₹1700 is sold for ₹2125. What is the profit per cent?
  40. 40.A watch costs ₹4000. It is sold at a 12% profit. What is the selling price (in ₹)?

Answer key

  1. 260
  2. 10
  3. 8374
  4. 712
  5. 110
  6. 3840
  7. 1750
  8. 1880
  9. 5928
  10. 2440
  11. 260
  12. 20
  13. 10
  14. 11875
  15. 90
  16. 4875
  17. 165
  18. 100
  19. 630
  20. 9968
  21. 1456
  22. 10282
  23. 4620
  24. 7128
  25. 2992
  26. 960
  27. 40
  28. 9424
  29. 7168
  30. 180
  31. 96
  32. 276
  33. 90
  34. 425
  35. 1386
  36. 30
  37. 210
  38. 230
  39. 25
  40. 4480

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