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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 517 · 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 simple interest on ₹6000 at 9% per year for 4 years (in ₹)?
  2. 2.A cricket kit costs ₹2700. It is sold at a 50% loss. What is the selling price (in ₹)?
  3. 3.What is 95% of 560?
  4. 4.What is 5% of 200?
  5. 5.What is the simple interest on ₹8200 at 3% per year for 4 years (in ₹)?
  6. 6.A cycle bought for ₹2100 is sold for ₹1680. What is the loss per cent?
  7. 7.A shopkeeper buys a table for ₹200 and sells it for ₹280. What is the profit (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹2600 at 7% per year for 3 years (in ₹)?
  9. 9.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2470. What is the profit (in ₹)?
  10. 10.The price of a cricket ball changed from ₹250 to ₹475. What is the percentage increase?
  11. 11.What is 35% of 100?
  12. 12.What is the amount (principal + simple interest) on ₹8500 at 2% per year for 2 years (in ₹)?
  13. 13.What is the simple interest on ₹8000 at 7% per year for 4 years (in ₹)?
  14. 14.A table bought for ₹2000 is sold for ₹1900. What is the loss per cent?
  15. 15.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 5 years (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹9500 at 2% per year for 4 years (in ₹)?
  17. 17.A cricket kit costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
  18. 18.What is 60% of 340?
  19. 19.What is the simple interest on ₹10000 at 5% per year for 4 years (in ₹)?
  20. 20.What is the simple interest on ₹9300 at 7% per year for 2 years (in ₹)?
  21. 21.What is 55% of 560?
  22. 22.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1440. What is the loss (in ₹)?
  23. 23.A shopkeeper buys a fan for ₹1150 and sells it for ₹1240. What is the profit (in ₹)?
  24. 24.A table costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
  25. 25.The price of a school bag changed from ₹500 to ₹490. What is the percentage decrease?
  26. 26.A fan bought for ₹1300 is sold for ₹1625. What is the profit per cent?
  27. 27.A watch costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
  28. 28.The price of a school bag changed from ₹400 to ₹500. What is the percentage increase?
  29. 29.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹440. What is the profit (in ₹)?
  30. 30.A watch bought for ₹800 is sold for ₹1120. What is the profit per cent?
  31. 31.What is 30% of 840?
  32. 32.A shopkeeper buys a fan for ₹2950 and sells it for ₹3080. What is the profit (in ₹)?
  33. 33.What is 45% of 860?
  34. 34.A shopkeeper buys a cooler for ₹700 and sells it for ₹690. What is the loss (in ₹)?
  35. 35.What is 85% of 560?
  36. 36.What is the amount (principal + simple interest) on ₹8700 at 3% per year for 1 year (in ₹)?
  37. 37.A fan costs ₹2300. It is sold at a 5% loss. What is the selling price (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹8900 at 3% per year for 4 years (in ₹)?
  39. 39.A shopkeeper buys a fan for ₹2350 and sells it for ₹2580. What is the profit (in ₹)?
  40. 40.A cooler costs ₹900. It is sold at a 50% loss. What is the selling price (in ₹)?

Answer key

  1. 2160
  2. 1350
  3. 532
  4. 10
  5. 984
  6. 20
  7. 80
  8. 3146
  9. 20
  10. 90
  11. 35
  12. 8840
  13. 2240
  14. 5
  15. 1300
  16. 10260
  17. 805
  18. 204
  19. 2000
  20. 1302
  21. 308
  22. 210
  23. 90
  24. 630
  25. 2
  26. 25
  27. 4000
  28. 25
  29. 140
  30. 40
  31. 252
  32. 130
  33. 387
  34. 10
  35. 476
  36. 8961
  37. 2185
  38. 9968
  39. 230
  40. 450

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