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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 414 · 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 ₹1600 at 12% per year for 4 years (in ₹)?
  2. 2.A cricket kit costs ₹3100. It is sold at a 40% loss. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹2800 at 5% per year for 5 years (in ₹)?
  4. 4.What is 60% of 320?
  5. 5.What is the simple interest on ₹3900 at 11% per year for 2 years (in ₹)?
  6. 6.A shopkeeper buys a table for ₹2550 and sells it for ₹2520. What is the loss (in ₹)?
  7. 7.What is the simple interest on ₹9200 at 10% per year for 4 years (in ₹)?
  8. 8.A fan costs ₹3100. It is sold at a 5% profit. What is the selling price (in ₹)?
  9. 9.A cycle costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
  10. 10.A cricket kit bought for ₹1400 is sold for ₹1568. What is the profit per cent?
  11. 11.The price of a box of mangoes changed from ₹400 to ₹200. What is the percentage decrease?
  12. 12.What is the simple interest on ₹7900 at 7% per year for 2 years (in ₹)?
  13. 13.A shopkeeper buys a table for ₹950 and sells it for ₹870. What is the loss (in ₹)?
  14. 14.A sewing machine bought for ₹800 is sold for ₹1000. What is the profit per cent?
  15. 15.A shopkeeper buys a cycle for ₹1700 and sells it for ₹1920. What is the profit (in ₹)?
  16. 16.What is the simple interest on ₹9000 at 10% per year for 3 years (in ₹)?
  17. 17.What is 5% of 620?
  18. 18.A cooler costs ₹2100. It is sold at a 25% profit. What is the selling price (in ₹)?
  19. 19.What is the simple interest on ₹8100 at 5% per year for 1 year (in ₹)?
  20. 20.What is the simple interest on ₹6000 at 3% per year for 3 years (in ₹)?
  21. 21.The price of a pair of shoes changed from ₹400 to ₹320. What is the percentage decrease?
  22. 22.What is the amount (principal + simple interest) on ₹5600 at 7% per year for 4 years (in ₹)?
  23. 23.The price of a box of mangoes changed from ₹20 to ₹2. What is the percentage decrease?
  24. 24.What is the amount (principal + simple interest) on ₹8500 at 11% per year for 3 years (in ₹)?
  25. 25.A mobile phone bought for ₹3000 is sold for ₹3750. What is the profit per cent?
  26. 26.What is 5% of 940?
  27. 27.A cooler costs ₹2900. It is sold at a 50% loss. What is the selling price (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹7100 at 11% per year for 2 years (in ₹)?
  29. 29.The price of a box of mangoes changed from ₹20 to ₹25. What is the percentage increase?
  30. 30.A shopkeeper buys a table for ₹1900 and sells it for ₹1930. What is the profit (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹900 at 3% per year for 1 year (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹9500 at 2% per year for 1 year (in ₹)?
  33. 33.The price of a box of mangoes changed from ₹80 to ₹144. What is the percentage increase?
  34. 34.A cycle costs ₹500. It is sold at a 40% profit. What is the selling price (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹4600 at 3% per year for 1 year (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹5800 at 6% per year for 4 years (in ₹)?
  37. 37.A watch costs ₹3100. It is sold at a 20% loss. What is the selling price (in ₹)?
  38. 38.The price of a bus pass changed from ₹200 to ₹20. What is the percentage decrease?
  39. 39.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹3000. What is the profit (in ₹)?
  40. 40.A sewing machine bought for ₹3600 is sold for ₹3420. What is the loss per cent?

Answer key

  1. 2368
  2. 1860
  3. 700
  4. 192
  5. 858
  6. 30
  7. 3680
  8. 3255
  9. 1500
  10. 12
  11. 50
  12. 1106
  13. 80
  14. 25
  15. 220
  16. 2700
  17. 31
  18. 2625
  19. 405
  20. 540
  21. 20
  22. 7168
  23. 90
  24. 11305
  25. 25
  26. 47
  27. 1450
  28. 8662
  29. 25
  30. 30
  31. 927
  32. 9690
  33. 80
  34. 700
  35. 4738
  36. 7192
  37. 2480
  38. 90
  39. 50
  40. 5

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