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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 511 · 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 fan bought for ₹2900 is sold for ₹4350. What is the profit per cent?
  2. 2.What is the amount (principal + simple interest) on ₹2800 at 7% per year for 2 years (in ₹)?
  3. 3.What is 35% of 900?
  4. 4.A shopkeeper buys a table for ₹1900 and sells it for ₹1680. What is the loss (in ₹)?
  5. 5.The price of a water bottle changed from ₹250 to ₹275. What is the percentage increase?
  6. 6.What is the amount (principal + simple interest) on ₹600 at 8% per year for 4 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹3500 at 11% per year for 3 years (in ₹)?
  8. 8.The price of a school bag changed from ₹200 to ₹150. What is the percentage decrease?
  9. 9.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹1280. What is the profit (in ₹)?
  10. 10.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹2050. What is the profit (in ₹)?
  11. 11.What is 15% of 140?
  12. 12.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹360. What is the profit (in ₹)?
  13. 13.What is 15% of 480?
  14. 14.What is the simple interest on ₹7700 at 9% per year for 3 years (in ₹)?
  15. 15.What is the simple interest on ₹7000 at 9% per year for 1 year (in ₹)?
  16. 16.A fan costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹9900 at 12% per year for 1 year (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹8000 at 7% per year for 5 years (in ₹)?
  19. 19.A cooler bought for ₹700 is sold for ₹910. What is the profit per cent?
  20. 20.A shopkeeper buys a cooler for ₹1850 and sells it for ₹1970. What is the profit (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹5900 at 12% per year for 5 years (in ₹)?
  22. 22.A mobile phone costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
  23. 23.What is the simple interest on ₹7400 at 3% per year for 4 years (in ₹)?
  24. 24.What is the simple interest on ₹4700 at 9% per year for 3 years (in ₹)?
  25. 25.What is the simple interest on ₹9900 at 7% per year for 3 years (in ₹)?
  26. 26.What is 80% of 500?
  27. 27.What is the amount (principal + simple interest) on ₹2000 at 4% per year for 4 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹9200 at 2% per year for 3 years (in ₹)?
  29. 29.What is 95% of 80?
  30. 30.A shopkeeper buys a cycle for ₹300 and sells it for ₹560. What is the profit (in ₹)?
  31. 31.The price of a school bag changed from ₹40 to ₹64. What is the percentage increase?
  32. 32.A fan costs ₹1600. It is sold at a 10% loss. What is the selling price (in ₹)?
  33. 33.What is 60% of 540?
  34. 34.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹1140. What is the profit (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹1600 at 10% per year for 5 years (in ₹)?
  36. 36.What is the simple interest on ₹8200 at 2% per year for 5 years (in ₹)?
  37. 37.A mobile phone bought for ₹2000 is sold for ₹2800. What is the profit per cent?
  38. 38.What is the simple interest on ₹8700 at 12% per year for 5 years (in ₹)?
  39. 39.A watch bought for ₹200 is sold for ₹240. What is the profit per cent?
  40. 40.A shopkeeper buys a table for ₹1750 and sells it for ₹1920. What is the profit (in ₹)?

Answer key

  1. 50
  2. 3192
  3. 315
  4. 220
  5. 10
  6. 792
  7. 4655
  8. 25
  9. 180
  10. 200
  11. 21
  12. 10
  13. 72
  14. 2079
  15. 630
  16. 896
  17. 11088
  18. 10800
  19. 30
  20. 120
  21. 9440
  22. 1350
  23. 888
  24. 1269
  25. 2079
  26. 400
  27. 2320
  28. 9752
  29. 76
  30. 260
  31. 60
  32. 1440
  33. 324
  34. 40
  35. 2400
  36. 820
  37. 40
  38. 5220
  39. 20
  40. 170

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