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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 396 · 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 sewing machine for ₹2450 and sells it for ₹2160. What is the loss (in ₹)?
  2. 2.A table bought for ₹2700 is sold for ₹2295. What is the loss per cent?
  3. 3.What is 70% of 700?
  4. 4.A cooler costs ₹3900. It is sold at a 12% loss. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹2100 at 11% per year for 5 years (in ₹)?
  6. 6.What is 25% of 300?
  7. 7.A cricket kit costs ₹3800. It is sold at a 12% loss. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹8700 at 8% per year for 2 years (in ₹)?
  9. 9.A cooler costs ₹2800. It is sold at a 10% profit. What is the selling price (in ₹)?
  10. 10.A fan costs ₹2900. It is sold at a 12% loss. What is the selling price (in ₹)?
  11. 11.What is the simple interest on ₹8400 at 12% per year for 5 years (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹1700 at 3% per year for 5 years (in ₹)?
  13. 13.The price of a cricket ball changed from ₹20 to ₹32. What is the percentage increase?
  14. 14.The price of a water bottle changed from ₹80 to ₹20. What is the percentage decrease?
  15. 15.What is the amount (principal + simple interest) on ₹5500 at 8% per year for 1 year (in ₹)?
  16. 16.A cooler bought for ₹500 is sold for ₹560. What is the profit per cent?
  17. 17.What is the amount (principal + simple interest) on ₹8400 at 6% per year for 4 years (in ₹)?
  18. 18.A shopkeeper buys a cooler for ₹2850 and sells it for ₹2650. What is the loss (in ₹)?
  19. 19.A watch costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹9200 at 10% per year for 5 years (in ₹)?
  21. 21.A mobile phone bought for ₹1100 is sold for ₹1155. What is the profit per cent?
  22. 22.A cycle costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
  23. 23.A cricket kit costs ₹1500. It is sold at a 15% profit. What is the selling price (in ₹)?
  24. 24.What is the simple interest on ₹8100 at 12% per year for 4 years (in ₹)?
  25. 25.The price of a bus pass changed from ₹100 to ₹25. What is the percentage decrease?
  26. 26.What is 85% of 160?
  27. 27.The price of a bus pass changed from ₹50 to ₹60. What is the percentage increase?
  28. 28.What is the simple interest on ₹8700 at 10% per year for 5 years (in ₹)?
  29. 29.A table bought for ₹3800 is sold for ₹3990. What is the profit per cent?
  30. 30.What is the simple interest on ₹4500 at 3% per year for 4 years (in ₹)?
  31. 31.The price of a box of mangoes changed from ₹100 to ₹95. What is the percentage decrease?
  32. 32.A shopkeeper buys a table for ₹2500 and sells it for ₹2460. What is the loss (in ₹)?
  33. 33.What is the simple interest on ₹9100 at 8% per year for 3 years (in ₹)?
  34. 34.What is 45% of 140?
  35. 35.A shopkeeper buys a fan for ₹1250 and sells it for ₹1170. What is the loss (in ₹)?
  36. 36.What is 30% of 480?
  37. 37.What is the simple interest on ₹9400 at 11% per year for 2 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹2000 at 3% per year for 1 year (in ₹)?
  39. 39.A shopkeeper buys a sewing machine for ₹3000 and sells it for ₹3270. What is the profit (in ₹)?
  40. 40.What is 10% of 900?

Answer key

  1. 290
  2. 15
  3. 490
  4. 3432
  5. 3255
  6. 75
  7. 3344
  8. 1392
  9. 3080
  10. 2552
  11. 5040
  12. 1955
  13. 60
  14. 75
  15. 5940
  16. 12
  17. 10416
  18. 200
  19. 2280
  20. 13800
  21. 5
  22. 1260
  23. 1725
  24. 3888
  25. 75
  26. 136
  27. 20
  28. 4350
  29. 5
  30. 540
  31. 5
  32. 40
  33. 2184
  34. 63
  35. 80
  36. 144
  37. 2068
  38. 2060
  39. 270
  40. 90

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