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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 539 · 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 85% of 280?
  2. 2.What is the amount (principal + simple interest) on ₹2100 at 3% per year for 1 year (in ₹)?
  3. 3.What is the simple interest on ₹1200 at 9% per year for 1 year (in ₹)?
  4. 4.What is 90% of 120?
  5. 5.What is the simple interest on ₹1400 at 2% per year for 2 years (in ₹)?
  6. 6.A cricket kit bought for ₹2500 is sold for ₹1250. What is the loss per cent?
  7. 7.What is the amount (principal + simple interest) on ₹3200 at 12% per year for 1 year (in ₹)?
  8. 8.A shopkeeper buys a mobile phone for ₹950 and sells it for ₹1250. What is the profit (in ₹)?
  9. 9.A fan bought for ₹3000 is sold for ₹4500. What is the profit per cent?
  10. 10.The price of a pair of shoes changed from ₹500 to ₹505. What is the percentage increase?
  11. 11.What is 40% of 620?
  12. 12.What is the simple interest on ₹4600 at 9% per year for 3 years (in ₹)?
  13. 13.What is the simple interest on ₹1000 at 5% per year for 2 years (in ₹)?
  14. 14.A mobile phone bought for ₹2000 is sold for ₹2800. What is the profit per cent?
  15. 15.A cricket kit bought for ₹2200 is sold for ₹1870. What is the loss per cent?
  16. 16.What is the amount (principal + simple interest) on ₹8200 at 9% per year for 1 year (in ₹)?
  17. 17.What is 85% of 940?
  18. 18.The price of a bus pass changed from ₹200 to ₹196. What is the percentage decrease?
  19. 19.A watch bought for ₹2000 is sold for ₹1400. What is the loss per cent?
  20. 20.A cycle bought for ₹2300 is sold for ₹2530. What is the profit per cent?
  21. 21.A cycle bought for ₹2400 is sold for ₹3600. What is the profit per cent?
  22. 22.What is the simple interest on ₹8500 at 8% per year for 5 years (in ₹)?
  23. 23.What is 25% of 740?
  24. 24.A cooler costs ₹500. It is sold at a 30% loss. What is the selling price (in ₹)?
  25. 25.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1180. What is the loss (in ₹)?
  26. 26.A sewing machine costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
  27. 27.The price of a bus pass changed from ₹50 to ₹65. What is the percentage increase?
  28. 28.A fan bought for ₹2300 is sold for ₹1380. What is the loss per cent?
  29. 29.What is 90% of 840?
  30. 30.What is the simple interest on ₹4800 at 4% per year for 5 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 3 years (in ₹)?
  32. 32.A watch costs ₹4000. It is sold at a 40% profit. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹240. What is the loss (in ₹)?
  34. 34.The price of a pair of shoes changed from ₹40 to ₹30. What is the percentage decrease?
  35. 35.A shopkeeper buys a table for ₹850 and sells it for ₹660. What is the loss (in ₹)?
  36. 36.The price of a cricket ball changed from ₹400 to ₹392. What is the percentage decrease?
  37. 37.What is the simple interest on ₹7300 at 9% per year for 4 years (in ₹)?
  38. 38.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2680. What is the profit (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹1200 at 6% per year for 2 years (in ₹)?
  40. 40.A mobile phone bought for ₹800 is sold for ₹920. What is the profit per cent?

Answer key

  1. 238
  2. 2163
  3. 108
  4. 108
  5. 56
  6. 50
  7. 3584
  8. 300
  9. 50
  10. 1
  11. 248
  12. 1242
  13. 100
  14. 40
  15. 15
  16. 8938
  17. 799
  18. 2
  19. 30
  20. 10
  21. 50
  22. 3400
  23. 185
  24. 350
  25. 170
  26. 1344
  27. 30
  28. 40
  29. 756
  30. 960
  31. 3770
  32. 5600
  33. 60
  34. 25
  35. 190
  36. 2
  37. 2628
  38. 180
  39. 1344
  40. 15

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