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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 502 · 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 ₹1900 at 9% per year for 4 years (in ₹)?
  2. 2.What is the simple interest on ₹7900 at 4% per year for 4 years (in ₹)?
  3. 3.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1440. What is the profit (in ₹)?
  4. 4.What is 65% of 240?
  5. 5.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1590. What is the profit (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹7400 at 3% per year for 2 years (in ₹)?
  7. 7.A shopkeeper buys a watch for ₹3000 and sells it for ₹2930. What is the loss (in ₹)?
  8. 8.The price of a water bottle changed from ₹250 to ₹450. What is the percentage increase?
  9. 9.A fan costs ₹2600. It is sold at a 12% profit. What is the selling price (in ₹)?
  10. 10.A table costs ₹200. It is sold at a 12% profit. What is the selling price (in ₹)?
  11. 11.The price of a pair of shoes changed from ₹100 to ₹25. What is the percentage decrease?
  12. 12.What is the simple interest on ₹2600 at 11% per year for 2 years (in ₹)?
  13. 13.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹810. What is the profit (in ₹)?
  14. 14.A fan bought for ₹1900 is sold for ₹2280. What is the profit per cent?
  15. 15.What is the simple interest on ₹2000 at 11% per year for 1 year (in ₹)?
  16. 16.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
  17. 17.What is 95% of 700?
  18. 18.What is the amount (principal + simple interest) on ₹9900 at 3% per year for 1 year (in ₹)?
  19. 19.A watch bought for ₹2500 is sold for ₹3750. What is the profit per cent?
  20. 20.What is the simple interest on ₹3900 at 10% per year for 2 years (in ₹)?
  21. 21.A table costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2410. What is the loss (in ₹)?
  23. 23.What is 5% of 800?
  24. 24.What is the amount (principal + simple interest) on ₹4900 at 5% per year for 4 years (in ₹)?
  25. 25.What is the simple interest on ₹3200 at 3% per year for 3 years (in ₹)?
  26. 26.A cricket kit bought for ₹2000 is sold for ₹1760. What is the loss per cent?
  27. 27.What is the simple interest on ₹4200 at 4% per year for 5 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹1500 at 7% per year for 2 years (in ₹)?
  29. 29.What is 95% of 1000?
  30. 30.A shopkeeper buys a cycle for ₹1950 and sells it for ₹2200. What is the profit (in ₹)?
  31. 31.What is 90% of 960?
  32. 32.A cricket kit bought for ₹2300 is sold for ₹2760. What is the profit per cent?
  33. 33.What is the simple interest on ₹4200 at 12% per year for 3 years (in ₹)?
  34. 34.A fan costs ₹2500. It is sold at a 50% loss. What is the selling price (in ₹)?
  35. 35.A table bought for ₹3800 is sold for ₹4940. What is the profit per cent?
  36. 36.The price of a bus pass changed from ₹500 to ₹100. What is the percentage decrease?
  37. 37.A cooler bought for ₹3300 is sold for ₹4950. What is the profit per cent?
  38. 38.The price of a cricket ball changed from ₹400 to ₹80. What is the percentage decrease?
  39. 39.What is 30% of 700?
  40. 40.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹1130. What is the profit (in ₹)?

Answer key

  1. 2584
  2. 1264
  3. 40
  4. 156
  5. 240
  6. 7844
  7. 70
  8. 80
  9. 2912
  10. 224
  11. 75
  12. 572
  13. 10
  14. 20
  15. 220
  16. 80
  17. 665
  18. 10197
  19. 50
  20. 780
  21. 3145
  22. 140
  23. 40
  24. 5880
  25. 288
  26. 12
  27. 840
  28. 1710
  29. 950
  30. 250
  31. 864
  32. 20
  33. 1512
  34. 1250
  35. 30
  36. 80
  37. 50
  38. 80
  39. 210
  40. 130

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