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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 541 · 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 amount (principal + simple interest) on ₹8800 at 9% per year for 2 years (in ₹)?
  2. 2.A table bought for ₹300 is sold for ₹210. What is the loss per cent?
  3. 3.What is 15% of 940?
  4. 4.A shopkeeper buys a mobile phone for ₹2000 and sells it for ₹2300. What is the profit (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹5800 at 5% per year for 5 years (in ₹)?
  6. 6.A cricket kit costs ₹2100. It is sold at a 50% loss. What is the selling price (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹4400 at 11% per year for 4 years (in ₹)?
  8. 8.What is the simple interest on ₹2500 at 4% per year for 5 years (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹7900 at 7% per year for 1 year (in ₹)?
  10. 10.A shopkeeper buys a mobile phone for ₹1700 and sells it for ₹1790. What is the profit (in ₹)?
  11. 11.What is the simple interest on ₹800 at 8% per year for 4 years (in ₹)?
  12. 12.What is 25% of 420?
  13. 13.The price of a cricket ball changed from ₹250 to ₹125. What is the percentage decrease?
  14. 14.The price of a water bottle changed from ₹40 to ₹36. What is the percentage decrease?
  15. 15.What is the simple interest on ₹2300 at 12% per year for 4 years (in ₹)?
  16. 16.A mobile phone costs ₹600. It is sold at a 12% profit. What is the selling price (in ₹)?
  17. 17.What is the simple interest on ₹8300 at 4% per year for 2 years (in ₹)?
  18. 18.The price of a box of mangoes changed from ₹40 to ₹72. What is the percentage increase?
  19. 19.What is 10% of 940?
  20. 20.The price of a water bottle changed from ₹20 to ₹35. What is the percentage increase?
  21. 21.A table bought for ₹1400 is sold for ₹1260. What is the loss per cent?
  22. 22.A fan bought for ₹3400 is sold for ₹5100. What is the profit per cent?
  23. 23.The price of a box of mangoes changed from ₹200 to ₹50. What is the percentage decrease?
  24. 24.What is the amount (principal + simple interest) on ₹7400 at 3% per year for 2 years (in ₹)?
  25. 25.The price of a school bag changed from ₹20 to ₹4. What is the percentage decrease?
  26. 26.A cooler costs ₹700. It is sold at a 40% loss. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹8900 at 8% per year for 2 years (in ₹)?
  28. 28.The price of a bus pass changed from ₹50 to ₹45. What is the percentage decrease?
  29. 29.What is the amount (principal + simple interest) on ₹1800 at 5% per year for 4 years (in ₹)?
  30. 30.A shopkeeper buys a cycle for ₹450 and sells it for ₹270. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a table for ₹1350 and sells it for ₹1530. What is the profit (in ₹)?
  32. 32.A table costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
  33. 33.A fan costs ₹3100. It is sold at a 50% profit. What is the selling price (in ₹)?
  34. 34.A cycle costs ₹900. It is sold at a 10% loss. What is the selling price (in ₹)?
  35. 35.A table bought for ₹700 is sold for ₹1050. What is the profit per cent?
  36. 36.A shopkeeper buys a cooler for ₹350 and sells it for ₹570. What is the profit (in ₹)?
  37. 37.A cycle bought for ₹1500 is sold for ₹1725. What is the profit per cent?
  38. 38.What is 95% of 420?
  39. 39.What is the simple interest on ₹1600 at 6% per year for 1 year (in ₹)?
  40. 40.A cooler costs ₹2300. It is sold at a 5% loss. What is the selling price (in ₹)?

Answer key

  1. 10384
  2. 30
  3. 141
  4. 300
  5. 7250
  6. 1050
  7. 6336
  8. 500
  9. 8453
  10. 90
  11. 256
  12. 105
  13. 50
  14. 10
  15. 1104
  16. 672
  17. 664
  18. 80
  19. 94
  20. 75
  21. 10
  22. 50
  23. 75
  24. 7844
  25. 80
  26. 420
  27. 1424
  28. 10
  29. 2160
  30. 180
  31. 180
  32. 550
  33. 4650
  34. 810
  35. 50
  36. 220
  37. 15
  38. 399
  39. 96
  40. 2185

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