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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 462 · 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 ₹8800 at 11% per year for 4 years (in ₹)?
  2. 2.What is 25% of 700?
  3. 3.What is the amount (principal + simple interest) on ₹7100 at 10% per year for 5 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹7800 at 8% per year for 4 years (in ₹)?
  5. 5.What is the simple interest on ₹9700 at 9% per year for 3 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹4100 at 3% per year for 5 years (in ₹)?
  7. 7.What is the simple interest on ₹4200 at 6% per year for 1 year (in ₹)?
  8. 8.A shopkeeper buys a cooler for ₹950 and sells it for ₹1140. What is the profit (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹4100 at 6% per year for 2 years (in ₹)?
  10. 10.What is the simple interest on ₹5800 at 7% per year for 4 years (in ₹)?
  11. 11.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1090. What is the loss (in ₹)?
  12. 12.A cricket kit bought for ₹1300 is sold for ₹1495. What is the profit per cent?
  13. 13.What is 60% of 740?
  14. 14.The price of a cricket ball changed from ₹20 to ₹22. What is the percentage increase?
  15. 15.What is 25% of 520?
  16. 16.A table costs ₹3700. It is sold at a 30% loss. What is the selling price (in ₹)?
  17. 17.A cricket kit bought for ₹300 is sold for ₹450. What is the profit per cent?
  18. 18.What is 75% of 60?
  19. 19.A cycle costs ₹3100. It is sold at a 12% loss. What is the selling price (in ₹)?
  20. 20.A watch bought for ₹3500 is sold for ₹4200. What is the profit per cent?
  21. 21.A shopkeeper buys a table for ₹700 and sells it for ₹440. What is the loss (in ₹)?
  22. 22.What is the simple interest on ₹4800 at 2% per year for 4 years (in ₹)?
  23. 23.A shopkeeper buys a cricket kit for ₹2950 and sells it for ₹2810. What is the loss (in ₹)?
  24. 24.What is the simple interest on ₹7900 at 8% per year for 4 years (in ₹)?
  25. 25.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹2940. What is the profit (in ₹)?
  26. 26.A shopkeeper buys a table for ₹2500 and sells it for ₹2590. What is the profit (in ₹)?
  27. 27.A mobile phone costs ₹300. It is sold at a 50% loss. What is the selling price (in ₹)?
  28. 28.A table bought for ₹2900 is sold for ₹3045. What is the profit per cent?
  29. 29.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹770. What is the loss (in ₹)?
  30. 30.What is 20% of 160?
  31. 31.A shopkeeper buys a cricket kit for ₹2550 and sells it for ₹2800. What is the profit (in ₹)?
  32. 32.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1560. What is the profit (in ₹)?
  33. 33.What is the simple interest on ₹2600 at 3% per year for 4 years (in ₹)?
  34. 34.What is the simple interest on ₹9000 at 12% per year for 2 years (in ₹)?
  35. 35.A fan costs ₹1300. It is sold at a 10% profit. What is the selling price (in ₹)?
  36. 36.A sewing machine costs ₹3200. It is sold at a 30% profit. What is the selling price (in ₹)?
  37. 37.A table costs ₹2800. It is sold at a 50% profit. What is the selling price (in ₹)?
  38. 38.A table costs ₹600. It is sold at a 25% loss. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a cooler for ₹850 and sells it for ₹1090. What is the profit (in ₹)?
  40. 40.A shopkeeper buys a cycle for ₹2900 and sells it for ₹2700. What is the loss (in ₹)?

Answer key

  1. 12672
  2. 175
  3. 10650
  4. 10296
  5. 2619
  6. 4715
  7. 252
  8. 190
  9. 4592
  10. 1624
  11. 160
  12. 15
  13. 444
  14. 10
  15. 130
  16. 2590
  17. 50
  18. 45
  19. 2728
  20. 20
  21. 260
  22. 384
  23. 140
  24. 2528
  25. 40
  26. 90
  27. 150
  28. 5
  29. 80
  30. 32
  31. 250
  32. 160
  33. 312
  34. 2160
  35. 1430
  36. 4160
  37. 4200
  38. 450
  39. 240
  40. 200

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