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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 455 · 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 fan bought for ₹800 is sold for ₹720. What is the loss per cent?
  2. 2.What is the simple interest on ₹5700 at 7% per year for 5 years (in ₹)?
  3. 3.What is the simple interest on ₹8300 at 11% per year for 3 years (in ₹)?
  4. 4.A cycle bought for ₹3300 is sold for ₹4620. What is the profit per cent?
  5. 5.A table costs ₹4000. It is sold at a 25% profit. What is the selling price (in ₹)?
  6. 6.A sewing machine costs ₹4000. It is sold at a 12% profit. What is the selling price (in ₹)?
  7. 7.What is 60% of 440?
  8. 8.What is 25% of 260?
  9. 9.What is 10% of 460?
  10. 10.A shopkeeper buys a cycle for ₹400 and sells it for ₹330. What is the loss (in ₹)?
  11. 11.What is the simple interest on ₹2600 at 8% per year for 5 years (in ₹)?
  12. 12.A cricket kit bought for ₹500 is sold for ₹440. What is the loss per cent?
  13. 13.The price of a school bag changed from ₹40 to ₹36. What is the percentage decrease?
  14. 14.A table costs ₹4000. It is sold at a 10% profit. What is the selling price (in ₹)?
  15. 15.The price of a box of mangoes changed from ₹400 to ₹320. What is the percentage decrease?
  16. 16.What is 10% of 640?
  17. 17.The price of a bus pass changed from ₹400 to ₹600. What is the percentage increase?
  18. 18.What is the amount (principal + simple interest) on ₹3800 at 4% per year for 2 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹1100 at 4% per year for 2 years (in ₹)?
  20. 20.What is 90% of 960?
  21. 21.What is the amount (principal + simple interest) on ₹7600 at 9% per year for 1 year (in ₹)?
  22. 22.A shopkeeper buys a cricket kit for ₹500 and sells it for ₹360. What is the loss (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹9800 at 3% per year for 3 years (in ₹)?
  24. 24.The price of a cricket ball changed from ₹250 to ₹400. What is the percentage increase?
  25. 25.The price of a water bottle changed from ₹100 to ₹190. What is the percentage increase?
  26. 26.What is 60% of 780?
  27. 27.A fan bought for ₹2300 is sold for ₹2530. What is the profit per cent?
  28. 28.What is the amount (principal + simple interest) on ₹2500 at 5% per year for 4 years (in ₹)?
  29. 29.What is the simple interest on ₹3400 at 2% per year for 4 years (in ₹)?
  30. 30.What is the simple interest on ₹7700 at 12% per year for 5 years (in ₹)?
  31. 31.What is the simple interest on ₹1600 at 7% per year for 5 years (in ₹)?
  32. 32.The price of a cricket ball changed from ₹200 to ₹300. What is the percentage increase?
  33. 33.What is the amount (principal + simple interest) on ₹9300 at 7% per year for 2 years (in ₹)?
  34. 34.A shopkeeper buys a fan for ₹400 and sells it for ₹570. What is the profit (in ₹)?
  35. 35.A mobile phone costs ₹2600. It is sold at a 50% profit. What is the selling price (in ₹)?
  36. 36.A sewing machine bought for ₹2300 is sold for ₹2875. What is the profit per cent?
  37. 37.What is 90% of 860?
  38. 38.The price of a school bag changed from ₹50 to ₹40. What is the percentage decrease?
  39. 39.A cycle bought for ₹1100 is sold for ₹1650. What is the profit per cent?
  40. 40.A mobile phone bought for ₹3300 is sold for ₹3696. What is the profit per cent?

Answer key

  1. 10
  2. 1995
  3. 2739
  4. 40
  5. 5000
  6. 4480
  7. 264
  8. 65
  9. 46
  10. 70
  11. 1040
  12. 12
  13. 10
  14. 4400
  15. 20
  16. 64
  17. 50
  18. 4104
  19. 1188
  20. 864
  21. 8284
  22. 140
  23. 10682
  24. 60
  25. 90
  26. 468
  27. 10
  28. 3000
  29. 272
  30. 4620
  31. 560
  32. 50
  33. 10602
  34. 170
  35. 3900
  36. 25
  37. 774
  38. 20
  39. 50
  40. 12

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