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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 490 · 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 ₹1500 at 12% per year for 3 years (in ₹)?
  2. 2.The price of a box of mangoes changed from ₹80 to ₹152. What is the percentage increase?
  3. 3.What is 65% of 500?
  4. 4.A fan bought for ₹500 is sold for ₹250. What is the loss per cent?
  5. 5.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
  6. 6.A shopkeeper buys a cooler for ₹1450 and sells it for ₹1750. What is the profit (in ₹)?
  7. 7.A fan costs ₹3500. It is sold at a 5% loss. What is the selling price (in ₹)?
  8. 8.The price of a school bag changed from ₹20 to ₹30. What is the percentage increase?
  9. 9.A mobile phone costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
  10. 10.What is the simple interest on ₹7400 at 12% per year for 5 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹4500 at 12% per year for 1 year (in ₹)?
  12. 12.A sewing machine costs ₹1900. It is sold at a 30% profit. What is the selling price (in ₹)?
  13. 13.What is 45% of 900?
  14. 14.What is the simple interest on ₹2100 at 11% per year for 2 years (in ₹)?
  15. 15.The price of a bus pass changed from ₹400 to ₹404. What is the percentage increase?
  16. 16.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1070. What is the loss (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹2800 at 11% per year for 1 year (in ₹)?
  18. 18.What is the simple interest on ₹5000 at 12% per year for 3 years (in ₹)?
  19. 19.A cricket kit bought for ₹1200 is sold for ₹1440. What is the profit per cent?
  20. 20.What is the simple interest on ₹3700 at 5% per year for 2 years (in ₹)?
  21. 21.What is 70% of 960?
  22. 22.What is 95% of 380?
  23. 23.The price of a cricket ball changed from ₹20 to ₹12. What is the percentage decrease?
  24. 24.A shopkeeper buys a cooler for ₹2150 and sells it for ₹2110. What is the loss (in ₹)?
  25. 25.A shopkeeper buys a fan for ₹2950 and sells it for ₹3090. What is the profit (in ₹)?
  26. 26.What is 5% of 280?
  27. 27.What is the simple interest on ₹4300 at 3% per year for 1 year (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹1000 at 10% per year for 3 years (in ₹)?
  29. 29.A table bought for ₹3400 is sold for ₹4760. What is the profit per cent?
  30. 30.What is the simple interest on ₹700 at 8% per year for 3 years (in ₹)?
  31. 31.A watch costs ₹2800. It is sold at a 25% profit. What is the selling price (in ₹)?
  32. 32.A table bought for ₹2200 is sold for ₹2860. What is the profit per cent?
  33. 33.A sewing machine costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
  34. 34.The price of a pair of shoes changed from ₹20 to ₹19. What is the percentage decrease?
  35. 35.A cooler bought for ₹800 is sold for ₹960. What is the profit per cent?
  36. 36.What is 45% of 60?
  37. 37.A sewing machine costs ₹800. It is sold at a 50% loss. What is the selling price (in ₹)?
  38. 38.A cooler costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹1900 at 2% per year for 3 years (in ₹)?
  40. 40.A shopkeeper buys a fan for ₹2350 and sells it for ₹2260. What is the loss (in ₹)?

Answer key

  1. 2040
  2. 90
  3. 325
  4. 50
  5. 40
  6. 300
  7. 3325
  8. 50
  9. 935
  10. 4440
  11. 5040
  12. 2470
  13. 405
  14. 462
  15. 1
  16. 280
  17. 3108
  18. 1800
  19. 20
  20. 370
  21. 672
  22. 361
  23. 40
  24. 40
  25. 140
  26. 14
  27. 129
  28. 1300
  29. 40
  30. 168
  31. 3500
  32. 30
  33. 1792
  34. 5
  35. 20
  36. 27
  37. 400
  38. 840
  39. 2014
  40. 90

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