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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 383 · 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.What is the simple interest on ₹9000 at 12% per year for 4 years (in ₹)?
  2. 2.The price of a cricket ball changed from ₹200 to ₹350. What is the percentage increase?
  3. 3.A mobile phone costs ₹3700. It is sold at a 30% profit. What is the selling price (in ₹)?
  4. 4.A table costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
  5. 5.What is 30% of 680?
  6. 6.A cricket kit costs ₹900. It is sold at a 12% profit. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a watch for ₹2100 and sells it for ₹2290. What is the profit (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹2700 at 10% per year for 3 years (in ₹)?
  9. 9.What is 85% of 940?
  10. 10.What is 15% of 300?
  11. 11.A cooler costs ₹1900. It is sold at a 10% loss. What is the selling price (in ₹)?
  12. 12.What is the simple interest on ₹6200 at 5% per year for 4 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹8600 at 9% per year for 2 years (in ₹)?
  14. 14.A cricket kit bought for ₹500 is sold for ₹250. What is the loss per cent?
  15. 15.A fan bought for ₹2800 is sold for ₹2100. What is the loss per cent?
  16. 16.What is the simple interest on ₹8100 at 7% per year for 2 years (in ₹)?
  17. 17.What is the simple interest on ₹7500 at 2% per year for 4 years (in ₹)?
  18. 18.A shopkeeper buys a watch for ₹2700 and sells it for ₹2910. What is the profit (in ₹)?
  19. 19.A shopkeeper buys a fan for ₹1750 and sells it for ₹1450. What is the loss (in ₹)?
  20. 20.What is 25% of 800?
  21. 21.A table bought for ₹2300 is sold for ₹2070. What is the loss per cent?
  22. 22.A cooler costs ₹3300. It is sold at a 12% profit. What is the selling price (in ₹)?
  23. 23.A shopkeeper buys a table for ₹950 and sells it for ₹1070. What is the profit (in ₹)?
  24. 24.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹610. What is the profit (in ₹)?
  25. 25.What is 85% of 480?
  26. 26.What is the amount (principal + simple interest) on ₹9900 at 2% per year for 5 years (in ₹)?
  27. 27.A table costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
  28. 28.What is the simple interest on ₹9400 at 10% per year for 3 years (in ₹)?
  29. 29.What is 75% of 880?
  30. 30.What is 75% of 120?
  31. 31.A cycle bought for ₹1600 is sold for ₹1200. What is the loss per cent?
  32. 32.What is 45% of 380?
  33. 33.A mobile phone costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹2400 at 2% per year for 1 year (in ₹)?
  35. 35.What is the simple interest on ₹1700 at 10% per year for 1 year (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹8400 at 10% per year for 5 years (in ₹)?
  37. 37.What is 60% of 220?
  38. 38.A cooler bought for ₹1400 is sold for ₹1610. What is the profit per cent?
  39. 39.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 5 years (in ₹)?
  40. 40.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1130. What is the loss (in ₹)?

Answer key

  1. 4320
  2. 75
  3. 4810
  4. 330
  5. 204
  6. 1008
  7. 190
  8. 3510
  9. 799
  10. 45
  11. 1710
  12. 1240
  13. 10148
  14. 50
  15. 25
  16. 1134
  17. 600
  18. 210
  19. 300
  20. 200
  21. 10
  22. 3696
  23. 120
  24. 60
  25. 408
  26. 10890
  27. 448
  28. 2820
  29. 660
  30. 90
  31. 25
  32. 171
  33. 1265
  34. 2448
  35. 170
  36. 12600
  37. 132
  38. 15
  39. 5720
  40. 120

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