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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 542 · 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 shopkeeper buys a table for ₹400 and sells it for ₹360. What is the loss (in ₹)?
  2. 2.What is 75% of 120?
  3. 3.What is the amount (principal + simple interest) on ₹9800 at 5% per year for 5 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹5800 at 2% per year for 3 years (in ₹)?
  5. 5.What is the simple interest on ₹4700 at 3% per year for 5 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹8000 at 6% per year for 1 year (in ₹)?
  7. 7.What is the simple interest on ₹1400 at 11% per year for 5 years (in ₹)?
  8. 8.The price of a box of mangoes changed from ₹40 to ₹10. What is the percentage decrease?
  9. 9.A shopkeeper buys a fan for ₹850 and sells it for ₹950. What is the profit (in ₹)?
  10. 10.What is 40% of 860?
  11. 11.What is the amount (principal + simple interest) on ₹1400 at 11% per year for 2 years (in ₹)?
  12. 12.A sewing machine costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹4900 at 8% per year for 2 years (in ₹)?
  14. 14.A fan costs ₹1000. It is sold at a 25% profit. What is the selling price (in ₹)?
  15. 15.A watch bought for ₹600 is sold for ₹630. What is the profit per cent?
  16. 16.What is 55% of 200?
  17. 17.What is the simple interest on ₹2000 at 6% per year for 3 years (in ₹)?
  18. 18.What is 65% of 980?
  19. 19.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
  20. 20.What is the amount (principal + simple interest) on ₹2800 at 8% per year for 2 years (in ₹)?
  21. 21.What is 20% of 480?
  22. 22.What is the amount (principal + simple interest) on ₹600 at 6% per year for 3 years (in ₹)?
  23. 23.What is 35% of 900?
  24. 24.A cooler costs ₹2500. It is sold at a 12% profit. What is the selling price (in ₹)?
  25. 25.What is 65% of 380?
  26. 26.What is the simple interest on ₹8100 at 12% per year for 4 years (in ₹)?
  27. 27.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹2940. What is the profit (in ₹)?
  28. 28.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
  29. 29.A cricket kit costs ₹200. It is sold at a 30% loss. What is the selling price (in ₹)?
  30. 30.A cycle bought for ₹700 is sold for ₹770. What is the profit per cent?
  31. 31.What is 55% of 560?
  32. 32.What is the amount (principal + simple interest) on ₹5800 at 3% per year for 2 years (in ₹)?
  33. 33.What is 20% of 60?
  34. 34.A shopkeeper buys a table for ₹1950 and sells it for ₹1680. What is the loss (in ₹)?
  35. 35.The price of a bus pass changed from ₹80 to ₹60. What is the percentage decrease?
  36. 36.What is the amount (principal + simple interest) on ₹6700 at 5% per year for 2 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹7700 at 5% per year for 2 years (in ₹)?
  38. 38.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹640. What is the loss (in ₹)?
  39. 39.A shopkeeper buys a table for ₹2150 and sells it for ₹2120. What is the loss (in ₹)?
  40. 40.What is the simple interest on ₹5100 at 6% per year for 2 years (in ₹)?

Answer key

  1. 40
  2. 90
  3. 12250
  4. 6148
  5. 705
  6. 8480
  7. 770
  8. 75
  9. 100
  10. 344
  11. 1708
  12. 3000
  13. 5684
  14. 1250
  15. 5
  16. 110
  17. 360
  18. 637
  19. 20
  20. 3248
  21. 96
  22. 708
  23. 315
  24. 2800
  25. 247
  26. 3888
  27. 40
  28. 20
  29. 140
  30. 10
  31. 308
  32. 6148
  33. 12
  34. 270
  35. 25
  36. 7370
  37. 8470
  38. 110
  39. 30
  40. 612

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