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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 437 · 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 ₹4700 at 6% per year for 1 year (in ₹)?
  2. 2.A mobile phone costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
  3. 3.A watch costs ₹1300. It is sold at a 40% loss. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a table for ₹2450 and sells it for ₹2480. What is the profit (in ₹)?
  5. 5.What is the simple interest on ₹7000 at 4% per year for 3 years (in ₹)?
  6. 6.What is 10% of 440?
  7. 7.A shopkeeper buys a fan for ₹300 and sells it for ₹260. What is the loss (in ₹)?
  8. 8.A table bought for ₹2300 is sold for ₹2990. What is the profit per cent?
  9. 9.A cooler bought for ₹700 is sold for ₹560. What is the loss per cent?
  10. 10.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹2020. What is the profit (in ₹)?
  11. 11.A cycle bought for ₹500 is sold for ₹625. What is the profit per cent?
  12. 12.What is the simple interest on ₹2500 at 9% per year for 1 year (in ₹)?
  13. 13.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2640. What is the profit (in ₹)?
  14. 14.A fan bought for ₹2000 is sold for ₹1500. What is the loss per cent?
  15. 15.A mobile phone bought for ₹500 is sold for ₹475. What is the loss per cent?
  16. 16.The price of a water bottle changed from ₹40 to ₹70. What is the percentage increase?
  17. 17.What is 40% of 380?
  18. 18.A fan bought for ₹2200 is sold for ₹1540. What is the loss per cent?
  19. 19.What is 70% of 480?
  20. 20.What is the amount (principal + simple interest) on ₹9000 at 8% per year for 3 years (in ₹)?
  21. 21.The price of a school bag changed from ₹250 to ₹350. What is the percentage increase?
  22. 22.The price of a box of mangoes changed from ₹50 to ₹60. What is the percentage increase?
  23. 23.A watch costs ₹1300. It is sold at a 25% profit. What is the selling price (in ₹)?
  24. 24.A fan bought for ₹3900 is sold for ₹4095. What is the profit per cent?
  25. 25.The price of a water bottle changed from ₹200 to ₹360. What is the percentage increase?
  26. 26.A cooler costs ₹1300. It is sold at a 25% loss. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹5600 at 10% per year for 5 years (in ₹)?
  28. 28.A cooler bought for ₹1100 is sold for ₹1375. What is the profit per cent?
  29. 29.What is the amount (principal + simple interest) on ₹3500 at 10% per year for 3 years (in ₹)?
  30. 30.What is the simple interest on ₹6800 at 3% per year for 1 year (in ₹)?
  31. 31.A cycle bought for ₹1300 is sold for ₹1170. What is the loss per cent?
  32. 32.What is the simple interest on ₹1800 at 6% per year for 2 years (in ₹)?
  33. 33.What is 75% of 340?
  34. 34.What is 70% of 340?
  35. 35.What is 45% of 260?
  36. 36.A shopkeeper buys a table for ₹2900 and sells it for ₹2710. What is the loss (in ₹)?
  37. 37.The price of a water bottle changed from ₹400 to ₹392. What is the percentage decrease?
  38. 38.What is 15% of 280?
  39. 39.What is the amount (principal + simple interest) on ₹4000 at 2% per year for 4 years (in ₹)?
  40. 40.What is the simple interest on ₹800 at 9% per year for 4 years (in ₹)?

Answer key

  1. 4982
  2. 1980
  3. 780
  4. 30
  5. 840
  6. 44
  7. 40
  8. 30
  9. 20
  10. 20
  11. 25
  12. 225
  13. 190
  14. 25
  15. 5
  16. 75
  17. 152
  18. 30
  19. 336
  20. 11160
  21. 40
  22. 20
  23. 1625
  24. 5
  25. 80
  26. 975
  27. 2800
  28. 25
  29. 4550
  30. 204
  31. 10
  32. 216
  33. 255
  34. 238
  35. 117
  36. 190
  37. 2
  38. 42
  39. 4320
  40. 288

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