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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 470 · 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 ₹5700 at 11% per year for 5 years (in ₹)?
  2. 2.A shopkeeper buys a fan for ₹750 and sells it for ₹910. What is the profit (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹3700 at 3% per year for 4 years (in ₹)?
  4. 4.A cycle bought for ₹200 is sold for ₹300. What is the profit per cent?
  5. 5.What is the simple interest on ₹2100 at 6% per year for 4 years (in ₹)?
  6. 6.A shopkeeper buys a fan for ₹800 and sells it for ₹700. What is the loss (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹1400 and sells it for ₹1390. What is the loss (in ₹)?
  8. 8.A table costs ₹1000. It is sold at a 15% loss. What is the selling price (in ₹)?
  9. 9.What is 40% of 220?
  10. 10.What is 65% of 940?
  11. 11.A cycle costs ₹3200. It is sold at a 15% profit. What is the selling price (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹3600 at 6% per year for 2 years (in ₹)?
  13. 13.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
  14. 14.What is the amount (principal + simple interest) on ₹9200 at 3% per year for 4 years (in ₹)?
  15. 15.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹1000. What is the profit (in ₹)?
  16. 16.The price of a school bag changed from ₹80 to ₹8. What is the percentage decrease?
  17. 17.A shopkeeper buys a watch for ₹1700 and sells it for ₹1930. What is the profit (in ₹)?
  18. 18.The price of a cricket ball changed from ₹200 to ₹190. What is the percentage decrease?
  19. 19.The price of a box of mangoes changed from ₹40 to ₹10. What is the percentage decrease?
  20. 20.A fan bought for ₹3700 is sold for ₹3885. What is the profit per cent?
  21. 21.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
  22. 22.What is 55% of 420?
  23. 23.A cycle costs ₹1000. It is sold at a 30% loss. What is the selling price (in ₹)?
  24. 24.What is 40% of 500?
  25. 25.A sewing machine costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
  26. 26.What is the simple interest on ₹8600 at 9% per year for 3 years (in ₹)?
  27. 27.A cooler bought for ₹400 is sold for ₹520. What is the profit per cent?
  28. 28.What is 15% of 740?
  29. 29.What is the amount (principal + simple interest) on ₹8800 at 11% per year for 4 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹2900 at 2% per year for 4 years (in ₹)?
  31. 31.A cycle bought for ₹2000 is sold for ₹2400. What is the profit per cent?
  32. 32.What is the simple interest on ₹4700 at 4% per year for 1 year (in ₹)?
  33. 33.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
  34. 34.What is the amount (principal + simple interest) on ₹2500 at 5% per year for 5 years (in ₹)?
  35. 35.A watch bought for ₹3900 is sold for ₹4290. What is the profit per cent?
  36. 36.A fan costs ₹2200. It is sold at a 15% profit. What is the selling price (in ₹)?
  37. 37.What is the simple interest on ₹800 at 8% per year for 5 years (in ₹)?
  38. 38.What is 90% of 240?
  39. 39.What is the simple interest on ₹900 at 11% per year for 1 year (in ₹)?
  40. 40.The price of a pair of shoes changed from ₹100 to ₹190. What is the percentage increase?

Answer key

  1. 3135
  2. 160
  3. 4144
  4. 50
  5. 504
  6. 100
  7. 10
  8. 850
  9. 88
  10. 611
  11. 3680
  12. 4032
  13. 40
  14. 10304
  15. 200
  16. 90
  17. 230
  18. 5
  19. 75
  20. 5
  21. 20
  22. 231
  23. 700
  24. 200
  25. 450
  26. 2322
  27. 30
  28. 111
  29. 12672
  30. 3132
  31. 20
  32. 188
  33. 40
  34. 3125
  35. 10
  36. 2530
  37. 320
  38. 216
  39. 99
  40. 90

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