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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 481 · 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 cricket kit costs ₹700. It is sold at a 12% loss. What is the selling price (in ₹)?
  2. 2.What is 5% of 1000?
  3. 3.What is the simple interest on ₹6800 at 2% per year for 3 years (in ₹)?
  4. 4.What is the simple interest on ₹1300 at 11% per year for 1 year (in ₹)?
  5. 5.A fan costs ₹3600. It is sold at a 15% profit. What is the selling price (in ₹)?
  6. 6.What is 60% of 700?
  7. 7.A shopkeeper buys a table for ₹250 and sells it for ₹80. What is the loss (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹3800 at 2% per year for 1 year (in ₹)?
  9. 9.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2770. What is the profit (in ₹)?
  10. 10.A cycle bought for ₹3700 is sold for ₹3885. What is the profit per cent?
  11. 11.The price of a pair of shoes changed from ₹40 to ₹24. What is the percentage decrease?
  12. 12.What is the amount (principal + simple interest) on ₹9100 at 10% per year for 1 year (in ₹)?
  13. 13.A sewing machine costs ₹1000. It is sold at a 5% loss. What is the selling price (in ₹)?
  14. 14.A fan costs ₹600. It is sold at a 12% loss. What is the selling price (in ₹)?
  15. 15.The price of a bus pass changed from ₹80 to ₹8. What is the percentage decrease?
  16. 16.What is 55% of 220?
  17. 17.The price of a school bag changed from ₹80 to ₹120. What is the percentage increase?
  18. 18.What is 30% of 420?
  19. 19.A shopkeeper buys a fan for ₹2700 and sells it for ₹2430. What is the loss (in ₹)?
  20. 20.A shopkeeper buys a table for ₹1950 and sells it for ₹1810. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a fan for ₹1650 and sells it for ₹1690. What is the profit (in ₹)?
  22. 22.A shopkeeper buys a watch for ₹1400 and sells it for ₹1140. What is the loss (in ₹)?
  23. 23.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
  24. 24.What is 5% of 160?
  25. 25.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹240. What is the loss (in ₹)?
  26. 26.A shopkeeper buys a sewing machine for ₹2300 and sells it for ₹2220. What is the loss (in ₹)?
  27. 27.What is the simple interest on ₹9300 at 6% per year for 1 year (in ₹)?
  28. 28.What is 15% of 820?
  29. 29.What is the amount (principal + simple interest) on ₹5400 at 7% per year for 5 years (in ₹)?
  30. 30.A fan bought for ₹1800 is sold for ₹2016. What is the profit per cent?
  31. 31.A mobile phone costs ₹500. It is sold at a 5% loss. What is the selling price (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹5600 at 7% per year for 4 years (in ₹)?
  33. 33.The price of a school bag changed from ₹500 to ₹625. What is the percentage increase?
  34. 34.What is the amount (principal + simple interest) on ₹5300 at 7% per year for 5 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹7500 at 10% per year for 2 years (in ₹)?
  36. 36.A mobile phone costs ₹3000. It is sold at a 50% loss. What is the selling price (in ₹)?
  37. 37.What is the simple interest on ₹5700 at 3% per year for 1 year (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹3100 at 5% per year for 5 years (in ₹)?
  39. 39.What is 20% of 400?
  40. 40.What is the amount (principal + simple interest) on ₹900 at 10% per year for 1 year (in ₹)?

Answer key

  1. 616
  2. 50
  3. 408
  4. 143
  5. 4140
  6. 420
  7. 170
  8. 3876
  9. 20
  10. 5
  11. 40
  12. 10010
  13. 950
  14. 528
  15. 90
  16. 121
  17. 50
  18. 126
  19. 270
  20. 140
  21. 40
  22. 260
  23. 60
  24. 8
  25. 110
  26. 80
  27. 558
  28. 123
  29. 7290
  30. 12
  31. 475
  32. 7168
  33. 25
  34. 7155
  35. 9000
  36. 1500
  37. 171
  38. 3875
  39. 80
  40. 990

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