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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 391 · 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 amount (principal + simple interest) on ₹3800 at 11% per year for 1 year (in ₹)?
  2. 2.A shopkeeper buys a watch for ₹1450 and sells it for ₹1750. What is the profit (in ₹)?
  3. 3.The price of a pair of shoes changed from ₹50 to ₹80. What is the percentage increase?
  4. 4.A sewing machine costs ₹2400. It is sold at a 12% loss. What is the selling price (in ₹)?
  5. 5.What is the simple interest on ₹8700 at 7% per year for 1 year (in ₹)?
  6. 6.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2570. What is the loss (in ₹)?
  7. 7.A cycle bought for ₹3300 is sold for ₹2310. What is the loss per cent?
  8. 8.What is the amount (principal + simple interest) on ₹7900 at 2% per year for 2 years (in ₹)?
  9. 9.A shopkeeper buys a table for ₹500 and sells it for ₹580. What is the profit (in ₹)?
  10. 10.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹2940. What is the profit (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹8700 at 2% per year for 4 years (in ₹)?
  12. 12.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹570. What is the profit (in ₹)?
  13. 13.A fan costs ₹2800. It is sold at a 20% profit. What is the selling price (in ₹)?
  14. 14.A table costs ₹2500. It is sold at a 50% loss. What is the selling price (in ₹)?
  15. 15.The price of a school bag changed from ₹50 to ₹30. What is the percentage decrease?
  16. 16.A cricket kit bought for ₹3400 is sold for ₹4250. What is the profit per cent?
  17. 17.The price of a water bottle changed from ₹100 to ₹101. What is the percentage increase?
  18. 18.What is the simple interest on ₹9500 at 12% per year for 3 years (in ₹)?
  19. 19.A fan costs ₹1600. It is sold at a 40% profit. What is the selling price (in ₹)?
  20. 20.The price of a pair of shoes changed from ₹200 to ₹210. What is the percentage increase?
  21. 21.What is the simple interest on ₹7000 at 5% per year for 2 years (in ₹)?
  22. 22.The price of a school bag changed from ₹400 to ₹160. What is the percentage decrease?
  23. 23.What is 90% of 120?
  24. 24.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2530. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹3600 at 7% per year for 3 years (in ₹)?
  26. 26.A shopkeeper buys a table for ₹2300 and sells it for ₹2200. What is the loss (in ₹)?
  27. 27.The price of a pair of shoes changed from ₹200 to ₹280. What is the percentage increase?
  28. 28.The price of a box of mangoes changed from ₹50 to ₹80. What is the percentage increase?
  29. 29.What is 45% of 440?
  30. 30.What is 45% of 300?
  31. 31.What is 40% of 400?
  32. 32.What is 20% of 120?
  33. 33.The price of a water bottle changed from ₹80 to ₹20. What is the percentage decrease?
  34. 34.What is 95% of 920?
  35. 35.A shopkeeper buys a table for ₹2850 and sells it for ₹2890. What is the profit (in ₹)?
  36. 36.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
  37. 37.The price of a box of mangoes changed from ₹200 to ₹320. What is the percentage increase?
  38. 38.What is the simple interest on ₹2500 at 9% per year for 3 years (in ₹)?
  39. 39.What is the simple interest on ₹6700 at 6% per year for 4 years (in ₹)?
  40. 40.What is the simple interest on ₹6700 at 3% per year for 5 years (in ₹)?

Answer key

  1. 4218
  2. 300
  3. 60
  4. 2112
  5. 609
  6. 130
  7. 30
  8. 8216
  9. 80
  10. 140
  11. 9396
  12. 270
  13. 3360
  14. 1250
  15. 40
  16. 25
  17. 1
  18. 3420
  19. 2240
  20. 5
  21. 700
  22. 60
  23. 108
  24. 180
  25. 4356
  26. 100
  27. 40
  28. 60
  29. 198
  30. 135
  31. 160
  32. 24
  33. 75
  34. 874
  35. 40
  36. 60
  37. 60
  38. 675
  39. 1608
  40. 1005

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