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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 49 · 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 cooler bought for ₹3200 is sold for ₹4160. What is the profit per cent?
  2. 2.What is the simple interest on ₹5300 at 5% per year for 5 years (in ₹)?
  3. 3.The price of a bus pass changed from ₹250 to ₹325. What is the percentage increase?
  4. 4.What is the amount (principal + simple interest) on ₹3400 at 12% per year for 5 years (in ₹)?
  5. 5.What is the simple interest on ₹2900 at 5% per year for 1 year (in ₹)?
  6. 6.A fan costs ₹1100. It is sold at a 40% loss. What is the selling price (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹1600 at 2% per year for 3 years (in ₹)?
  8. 8.The price of a box of mangoes changed from ₹250 to ₹275. What is the percentage increase?
  9. 9.The price of a school bag changed from ₹400 to ₹300. What is the percentage decrease?
  10. 10.A sewing machine bought for ₹2400 is sold for ₹3120. What is the profit per cent?
  11. 11.A watch bought for ₹4000 is sold for ₹3520. What is the loss per cent?
  12. 12.The price of a school bag changed from ₹20 to ₹18. What is the percentage decrease?
  13. 13.A table bought for ₹3800 is sold for ₹4180. What is the profit per cent?
  14. 14.What is 35% of 980?
  15. 15.What is 45% of 40?
  16. 16.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2630. What is the profit (in ₹)?
  17. 17.A shopkeeper buys a table for ₹1300 and sells it for ₹1010. What is the loss (in ₹)?
  18. 18.What is the simple interest on ₹7600 at 10% per year for 1 year (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹7500 at 7% per year for 5 years (in ₹)?
  20. 20.The price of a bus pass changed from ₹80 to ₹48. What is the percentage decrease?
  21. 21.A fan costs ₹2100. It is sold at a 12% profit. What is the selling price (in ₹)?
  22. 22.The price of a cricket ball changed from ₹400 to ₹160. What is the percentage decrease?
  23. 23.What is the amount (principal + simple interest) on ₹8600 at 6% per year for 1 year (in ₹)?
  24. 24.What is the simple interest on ₹7400 at 5% per year for 2 years (in ₹)?
  25. 25.The price of a cricket ball changed from ₹40 to ₹72. What is the percentage increase?
  26. 26.The price of a school bag changed from ₹50 to ₹45. What is the percentage decrease?
  27. 27.What is 85% of 740?
  28. 28.What is the simple interest on ₹7200 at 2% per year for 3 years (in ₹)?
  29. 29.The price of a box of mangoes changed from ₹200 to ₹260. What is the percentage increase?
  30. 30.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹2130. What is the profit (in ₹)?
  31. 31.What is the simple interest on ₹3000 at 11% per year for 5 years (in ₹)?
  32. 32.A watch costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
  33. 33.What is 45% of 580?
  34. 34.What is the amount (principal + simple interest) on ₹4400 at 7% per year for 2 years (in ₹)?
  35. 35.What is 5% of 320?
  36. 36.What is the amount (principal + simple interest) on ₹3300 at 7% per year for 1 year (in ₹)?
  37. 37.A cycle bought for ₹2100 is sold for ₹2940. What is the profit per cent?
  38. 38.What is the simple interest on ₹500 at 11% per year for 4 years (in ₹)?
  39. 39.A shopkeeper buys a fan for ₹1200 and sells it for ₹990. What is the loss (in ₹)?
  40. 40.A cricket kit bought for ₹1900 is sold for ₹1425. What is the loss per cent?

Answer key

  1. 30
  2. 1325
  3. 30
  4. 5440
  5. 145
  6. 660
  7. 1696
  8. 10
  9. 25
  10. 30
  11. 12
  12. 10
  13. 10
  14. 343
  15. 18
  16. 180
  17. 290
  18. 760
  19. 10125
  20. 40
  21. 2352
  22. 60
  23. 9116
  24. 740
  25. 80
  26. 10
  27. 629
  28. 432
  29. 30
  30. 130
  31. 1650
  32. 2750
  33. 261
  34. 5016
  35. 16
  36. 3531
  37. 40
  38. 220
  39. 210
  40. 25

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