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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 52 · 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 ₹2600 at 8% per year for 5 years (in ₹)?
  2. 2.A shopkeeper buys a sewing machine for ₹2200 and sells it for ₹2500. What is the profit (in ₹)?
  3. 3.What is 55% of 700?
  4. 4.The price of a pair of shoes changed from ₹100 to ₹50. What is the percentage decrease?
  5. 5.What is 80% of 920?
  6. 6.What is the simple interest on ₹600 at 8% per year for 2 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹6400 at 6% per year for 1 year (in ₹)?
  8. 8.What is 25% of 200?
  9. 9.A cooler costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
  10. 10.What is the simple interest on ₹2300 at 9% per year for 3 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹7900 at 12% per year for 5 years (in ₹)?
  12. 12.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1200. What is the loss (in ₹)?
  13. 13.A shopkeeper buys a sewing machine for ₹2400 and sells it for ₹2220. What is the loss (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹5100 at 4% per year for 5 years (in ₹)?
  15. 15.A watch bought for ₹2200 is sold for ₹1540. What is the loss per cent?
  16. 16.The price of a school bag changed from ₹400 to ₹396. What is the percentage decrease?
  17. 17.A shopkeeper buys a cycle for ₹1000 and sells it for ₹750. What is the loss (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹6200 at 4% per year for 2 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹8300 at 6% per year for 4 years (in ₹)?
  20. 20.What is the simple interest on ₹1100 at 10% per year for 4 years (in ₹)?
  21. 21.A sewing machine bought for ₹2100 is sold for ₹2205. What is the profit per cent?
  22. 22.What is the amount (principal + simple interest) on ₹8600 at 6% per year for 2 years (in ₹)?
  23. 23.What is 45% of 580?
  24. 24.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹410. What is the loss (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹9900 at 10% per year for 5 years (in ₹)?
  26. 26.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1730. What is the loss (in ₹)?
  27. 27.A shopkeeper buys a watch for ₹2200 and sells it for ₹2170. What is the loss (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹6400 at 4% per year for 2 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹8100 at 5% per year for 2 years (in ₹)?
  30. 30.What is 25% of 280?
  31. 31.The price of a pair of shoes changed from ₹400 to ₹404. What is the percentage increase?
  32. 32.What is the amount (principal + simple interest) on ₹6300 at 4% per year for 1 year (in ₹)?
  33. 33.A watch bought for ₹2100 is sold for ₹2730. What is the profit per cent?
  34. 34.What is 45% of 480?
  35. 35.A shopkeeper buys a fan for ₹550 and sells it for ₹830. What is the profit (in ₹)?
  36. 36.What is 25% of 60?
  37. 37.A fan costs ₹1600. It is sold at a 20% profit. What is the selling price (in ₹)?
  38. 38.What is the simple interest on ₹4800 at 7% per year for 3 years (in ₹)?
  39. 39.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2630. What is the loss (in ₹)?
  40. 40.What is 80% of 160?

Answer key

  1. 1040
  2. 300
  3. 385
  4. 50
  5. 736
  6. 96
  7. 6784
  8. 50
  9. 3190
  10. 621
  11. 12640
  12. 50
  13. 180
  14. 6120
  15. 30
  16. 1
  17. 250
  18. 6696
  19. 10292
  20. 440
  21. 5
  22. 9632
  23. 261
  24. 140
  25. 14850
  26. 20
  27. 30
  28. 6912
  29. 8910
  30. 70
  31. 1
  32. 6552
  33. 30
  34. 216
  35. 280
  36. 15
  37. 1920
  38. 1008
  39. 20
  40. 128

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