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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 506 · 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 shopkeeper buys a fan for ₹350 and sells it for ₹390. What is the profit (in ₹)?
  2. 2.What is the simple interest on ₹5400 at 9% per year for 3 years (in ₹)?
  3. 3.A sewing machine costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
  4. 4.What is the simple interest on ₹7500 at 10% per year for 1 year (in ₹)?
  5. 5.What is the simple interest on ₹8100 at 9% per year for 2 years (in ₹)?
  6. 6.The price of a school bag changed from ₹500 to ₹525. What is the percentage increase?
  7. 7.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2450. What is the profit (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹8200 at 4% per year for 1 year (in ₹)?
  9. 9.What is the simple interest on ₹800 at 10% per year for 1 year (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹5300 at 9% per year for 2 years (in ₹)?
  11. 11.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1240. What is the loss (in ₹)?
  12. 12.A mobile phone costs ₹300. It is sold at a 15% loss. What is the selling price (in ₹)?
  13. 13.What is 10% of 160?
  14. 14.What is the amount (principal + simple interest) on ₹700 at 2% per year for 2 years (in ₹)?
  15. 15.What is 75% of 940?
  16. 16.What is the simple interest on ₹3500 at 7% per year for 1 year (in ₹)?
  17. 17.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
  18. 18.What is the amount (principal + simple interest) on ₹600 at 5% per year for 2 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 2 years (in ₹)?
  20. 20.What is 65% of 40?
  21. 21.A sewing machine costs ₹3100. It is sold at a 12% loss. What is the selling price (in ₹)?
  22. 22.A fan bought for ₹1700 is sold for ₹2125. What is the profit per cent?
  23. 23.The price of a pair of shoes changed from ₹400 to ₹392. What is the percentage decrease?
  24. 24.A fan bought for ₹3300 is sold for ₹4290. What is the profit per cent?
  25. 25.The price of a school bag changed from ₹40 to ₹42. What is the percentage increase?
  26. 26.A cricket kit bought for ₹1400 is sold for ₹1050. What is the loss per cent?
  27. 27.What is 5% of 200?
  28. 28.A cycle costs ₹4000. It is sold at a 12% profit. What is the selling price (in ₹)?
  29. 29.The price of a school bag changed from ₹20 to ₹19. What is the percentage decrease?
  30. 30.A sewing machine bought for ₹3400 is sold for ₹2890. What is the loss per cent?
  31. 31.What is the simple interest on ₹7800 at 7% per year for 5 years (in ₹)?
  32. 32.A cycle bought for ₹2500 is sold for ₹2200. What is the loss per cent?
  33. 33.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
  34. 34.What is the simple interest on ₹8800 at 4% per year for 1 year (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹8400 at 7% per year for 3 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹7000 at 4% per year for 2 years (in ₹)?
  37. 37.What is the simple interest on ₹4700 at 7% per year for 5 years (in ₹)?
  38. 38.What is the simple interest on ₹4600 at 8% per year for 1 year (in ₹)?
  39. 39.What is 55% of 720?
  40. 40.A watch costs ₹3800. It is sold at a 5% loss. What is the selling price (in ₹)?

Answer key

  1. 40
  2. 1458
  3. 1000
  4. 750
  5. 1458
  6. 5
  7. 200
  8. 8528
  9. 80
  10. 6254
  11. 160
  12. 255
  13. 16
  14. 728
  15. 705
  16. 245
  17. 20
  18. 660
  19. 2970
  20. 26
  21. 2728
  22. 25
  23. 2
  24. 30
  25. 5
  26. 25
  27. 10
  28. 4480
  29. 5
  30. 15
  31. 2730
  32. 12
  33. 30
  34. 352
  35. 10164
  36. 7560
  37. 1645
  38. 368
  39. 396
  40. 3610

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