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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 407 · 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 ₹7100 at 4% per year for 5 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹6300 at 4% per year for 5 years (in ₹)?
  3. 3.What is 55% of 60?
  4. 4.A cricket kit costs ₹1500. It is sold at a 10% loss. What is the selling price (in ₹)?
  5. 5.A sewing machine bought for ₹300 is sold for ₹390. What is the profit per cent?
  6. 6.A cycle costs ₹300. It is sold at a 12% loss. What is the selling price (in ₹)?
  7. 7.A watch bought for ₹900 is sold for ₹765. What is the loss per cent?
  8. 8.What is 80% of 160?
  9. 9.A table bought for ₹300 is sold for ₹240. What is the loss per cent?
  10. 10.A shopkeeper buys a fan for ₹2150 and sells it for ₹2180. What is the profit (in ₹)?
  11. 11.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2260. What is the loss (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 4 years (in ₹)?
  13. 13.A cycle bought for ₹2500 is sold for ₹2000. What is the loss per cent?
  14. 14.A cycle bought for ₹1200 is sold for ₹720. What is the loss per cent?
  15. 15.The price of a box of mangoes changed from ₹20 to ₹28. What is the percentage increase?
  16. 16.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
  17. 17.The price of a pair of shoes changed from ₹400 to ₹160. What is the percentage decrease?
  18. 18.What is the amount (principal + simple interest) on ₹6000 at 5% per year for 2 years (in ₹)?
  19. 19.What is 25% of 780?
  20. 20.What is 95% of 60?
  21. 21.A cycle costs ₹400. It is sold at a 15% profit. What is the selling price (in ₹)?
  22. 22.What is 45% of 100?
  23. 23.What is the amount (principal + simple interest) on ₹8200 at 10% per year for 3 years (in ₹)?
  24. 24.A shopkeeper buys a watch for ₹2850 and sells it for ₹2780. What is the loss (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹4600 at 4% per year for 1 year (in ₹)?
  26. 26.What is the simple interest on ₹4700 at 6% per year for 2 years (in ₹)?
  27. 27.The price of a cricket ball changed from ₹500 to ₹400. What is the percentage decrease?
  28. 28.A shopkeeper buys a cycle for ₹700 and sells it for ₹990. What is the profit (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹1500 at 11% per year for 3 years (in ₹)?
  30. 30.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹3020. What is the profit (in ₹)?
  31. 31.A shopkeeper buys a cycle for ₹1000 and sells it for ₹1130. What is the profit (in ₹)?
  32. 32.A cooler costs ₹3600. It is sold at a 10% profit. What is the selling price (in ₹)?
  33. 33.A cooler bought for ₹2300 is sold for ₹2875. What is the profit per cent?
  34. 34.What is the simple interest on ₹3300 at 9% per year for 2 years (in ₹)?
  35. 35.The price of a school bag changed from ₹50 to ₹25. What is the percentage decrease?
  36. 36.A fan costs ₹3800. It is sold at a 50% loss. What is the selling price (in ₹)?
  37. 37.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹330. What is the profit (in ₹)?
  38. 38.A mobile phone costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
  39. 39.The price of a bus pass changed from ₹20 to ₹10. What is the percentage decrease?
  40. 40.What is the simple interest on ₹3000 at 2% per year for 4 years (in ₹)?

Answer key

  1. 1420
  2. 7560
  3. 33
  4. 1350
  5. 30
  6. 264
  7. 15
  8. 128
  9. 20
  10. 30
  11. 90
  12. 2464
  13. 20
  14. 40
  15. 40
  16. 20
  17. 60
  18. 6600
  19. 195
  20. 57
  21. 460
  22. 45
  23. 10660
  24. 70
  25. 4784
  26. 564
  27. 20
  28. 290
  29. 1995
  30. 70
  31. 130
  32. 3960
  33. 25
  34. 594
  35. 50
  36. 1900
  37. 30
  38. 1260
  39. 50
  40. 240

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