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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 40 · 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 table bought for ₹2200 is sold for ₹2530. What is the profit per cent?
  2. 2.A sewing machine costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹9100 at 6% per year for 5 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹3100 at 12% per year for 4 years (in ₹)?
  5. 5.What is the simple interest on ₹5700 at 9% per year for 1 year (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹6600 at 4% per year for 2 years (in ₹)?
  7. 7.What is the simple interest on ₹5300 at 8% per year for 5 years (in ₹)?
  8. 8.A fan costs ₹1900. It is sold at a 30% loss. What is the selling price (in ₹)?
  9. 9.A watch costs ₹3600. It is sold at a 20% loss. What is the selling price (in ₹)?
  10. 10.What is the simple interest on ₹8100 at 7% per year for 5 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹5500 at 4% per year for 5 years (in ₹)?
  12. 12.The price of a school bag changed from ₹80 to ₹48. What is the percentage decrease?
  13. 13.The price of a bus pass changed from ₹50 to ₹30. What is the percentage decrease?
  14. 14.A cooler costs ₹1600. It is sold at a 5% profit. What is the selling price (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹9000 at 10% per year for 1 year (in ₹)?
  16. 16.What is 75% of 820?
  17. 17.What is 75% of 520?
  18. 18.A shopkeeper buys a watch for ₹1050 and sells it for ₹1290. What is the profit (in ₹)?
  19. 19.What is the simple interest on ₹6300 at 4% per year for 2 years (in ₹)?
  20. 20.A mobile phone bought for ₹1200 is sold for ₹840. What is the loss per cent?
  21. 21.A watch bought for ₹2000 is sold for ₹1700. What is the loss per cent?
  22. 22.What is the amount (principal + simple interest) on ₹6900 at 5% per year for 1 year (in ₹)?
  23. 23.The price of a school bag changed from ₹400 to ₹392. What is the percentage decrease?
  24. 24.The price of a bus pass changed from ₹400 to ₹600. What is the percentage increase?
  25. 25.The price of a school bag changed from ₹20 to ₹22. What is the percentage increase?
  26. 26.What is 10% of 440?
  27. 27.The price of a bus pass changed from ₹400 to ₹560. What is the percentage increase?
  28. 28.A cricket kit bought for ₹3000 is sold for ₹1800. What is the loss per cent?
  29. 29.What is 10% of 240?
  30. 30.A cycle costs ₹200. It is sold at a 25% profit. What is the selling price (in ₹)?
  31. 31.What is 35% of 220?
  32. 32.What is the amount (principal + simple interest) on ₹6300 at 7% per year for 2 years (in ₹)?
  33. 33.A watch bought for ₹1700 is sold for ₹2040. What is the profit per cent?
  34. 34.A shopkeeper buys a table for ₹1150 and sells it for ₹930. What is the loss (in ₹)?
  35. 35.What is the simple interest on ₹9500 at 3% per year for 2 years (in ₹)?
  36. 36.What is 45% of 520?
  37. 37.A shopkeeper buys a mobile phone for ₹2600 and sells it for ₹2590. What is the loss (in ₹)?
  38. 38.A cricket kit bought for ₹2200 is sold for ₹1980. What is the loss per cent?
  39. 39.A cricket kit bought for ₹400 is sold for ₹380. What is the loss per cent?
  40. 40.What is the simple interest on ₹7800 at 10% per year for 3 years (in ₹)?

Answer key

  1. 15
  2. 3570
  3. 2730
  4. 4588
  5. 513
  6. 7128
  7. 2120
  8. 1330
  9. 2880
  10. 2835
  11. 6600
  12. 40
  13. 40
  14. 1680
  15. 9900
  16. 615
  17. 390
  18. 240
  19. 504
  20. 30
  21. 15
  22. 7245
  23. 2
  24. 50
  25. 10
  26. 44
  27. 40
  28. 40
  29. 24
  30. 250
  31. 77
  32. 7182
  33. 20
  34. 220
  35. 570
  36. 234
  37. 10
  38. 10
  39. 5
  40. 2340

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