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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 477 · 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 cycle costs ₹1300. It is sold at a 50% loss. What is the selling price (in ₹)?
  2. 2.What is the simple interest on ₹2500 at 3% per year for 1 year (in ₹)?
  3. 3.A cricket kit bought for ₹3200 is sold for ₹3840. What is the profit per cent?
  4. 4.A mobile phone costs ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹3100 at 6% per year for 5 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹4500 at 4% per year for 5 years (in ₹)?
  7. 7.A table costs ₹2100. It is sold at a 5% loss. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹1000 at 3% per year for 1 year (in ₹)?
  9. 9.A shopkeeper buys a fan for ₹2800 and sells it for ₹2770. What is the loss (in ₹)?
  10. 10.The price of a bus pass changed from ₹400 to ₹40. What is the percentage decrease?
  11. 11.What is 10% of 660?
  12. 12.What is the amount (principal + simple interest) on ₹8100 at 6% per year for 4 years (in ₹)?
  13. 13.The price of a water bottle changed from ₹400 to ₹100. What is the percentage decrease?
  14. 14.A cooler bought for ₹1700 is sold for ₹1190. What is the loss per cent?
  15. 15.What is 70% of 740?
  16. 16.What is 30% of 700?
  17. 17.A table bought for ₹1100 is sold for ₹1232. What is the profit per cent?
  18. 18.What is the amount (principal + simple interest) on ₹3300 at 10% per year for 1 year (in ₹)?
  19. 19.The price of a box of mangoes changed from ₹400 to ₹40. What is the percentage decrease?
  20. 20.What is the amount (principal + simple interest) on ₹2700 at 12% per year for 3 years (in ₹)?
  21. 21.A cooler costs ₹3500. It is sold at a 5% loss. What is the selling price (in ₹)?
  22. 22.What is the simple interest on ₹2100 at 12% per year for 3 years (in ₹)?
  23. 23.A shopkeeper buys a fan for ₹1550 and sells it for ₹1540. What is the loss (in ₹)?
  24. 24.What is the simple interest on ₹3000 at 3% per year for 3 years (in ₹)?
  25. 25.The price of a cricket ball changed from ₹100 to ₹130. What is the percentage increase?
  26. 26.A shopkeeper buys a fan for ₹1150 and sells it for ₹990. What is the loss (in ₹)?
  27. 27.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1290. What is the loss (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹9900 at 10% per year for 5 years (in ₹)?
  29. 29.What is the simple interest on ₹9300 at 6% per year for 2 years (in ₹)?
  30. 30.The price of a bus pass changed from ₹500 to ₹375. What is the percentage decrease?
  31. 31.The price of a box of mangoes changed from ₹40 to ₹44. What is the percentage increase?
  32. 32.A cricket kit bought for ₹3400 is sold for ₹3910. What is the profit per cent?
  33. 33.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2130. What is the profit (in ₹)?
  34. 34.What is the simple interest on ₹8700 at 4% per year for 1 year (in ₹)?
  35. 35.What is 25% of 280?
  36. 36.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
  37. 37.What is the amount (principal + simple interest) on ₹8300 at 4% per year for 2 years (in ₹)?
  38. 38.What is 10% of 300?
  39. 39.The price of a cricket ball changed from ₹250 to ₹350. What is the percentage increase?
  40. 40.A shopkeeper buys a watch for ₹1300 and sells it for ₹1420. What is the profit (in ₹)?

Answer key

  1. 650
  2. 75
  3. 20
  4. 920
  5. 4030
  6. 5400
  7. 1995
  8. 30
  9. 30
  10. 90
  11. 66
  12. 10044
  13. 75
  14. 30
  15. 518
  16. 210
  17. 12
  18. 3630
  19. 90
  20. 3672
  21. 3325
  22. 756
  23. 10
  24. 270
  25. 30
  26. 160
  27. 260
  28. 14850
  29. 1116
  30. 25
  31. 10
  32. 15
  33. 30
  34. 348
  35. 70
  36. 40
  37. 8964
  38. 30
  39. 40
  40. 120

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