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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 549 · 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 ₹1400 at 7% per year for 2 years (in ₹)?
  2. 2.What is 5% of 240?
  3. 3.What is the amount (principal + simple interest) on ₹800 at 4% per year for 5 years (in ₹)?
  4. 4.A cricket kit bought for ₹3200 is sold for ₹3360. What is the profit per cent?
  5. 5.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1590. What is the profit (in ₹)?
  6. 6.What is 5% of 500?
  7. 7.What is the simple interest on ₹1800 at 9% per year for 2 years (in ₹)?
  8. 8.What is 25% of 540?
  9. 9.A table costs ₹2500. It is sold at a 12% profit. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹2200 at 10% per year for 1 year (in ₹)?
  11. 11.The price of a cricket ball changed from ₹200 to ₹190. What is the percentage decrease?
  12. 12.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1510. What is the loss (in ₹)?
  13. 13.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹3160. What is the profit (in ₹)?
  14. 14.What is 65% of 320?
  15. 15.What is the amount (principal + simple interest) on ₹900 at 3% per year for 4 years (in ₹)?
  16. 16.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2170. What is the loss (in ₹)?
  17. 17.The price of a water bottle changed from ₹200 to ₹80. What is the percentage decrease?
  18. 18.A table costs ₹1400. It is sold at a 30% profit. What is the selling price (in ₹)?
  19. 19.The price of a box of mangoes changed from ₹40 to ₹10. What is the percentage decrease?
  20. 20.A cricket kit bought for ₹2600 is sold for ₹2340. What is the loss per cent?
  21. 21.A sewing machine bought for ₹3100 is sold for ₹2325. What is the loss per cent?
  22. 22.What is the amount (principal + simple interest) on ₹3700 at 3% per year for 1 year (in ₹)?
  23. 23.What is the simple interest on ₹8900 at 2% per year for 3 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹2300 at 10% per year for 3 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹5000 at 3% per year for 3 years (in ₹)?
  26. 26.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1300. What is the loss (in ₹)?
  27. 27.A fan costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1640. What is the loss (in ₹)?
  29. 29.A watch bought for ₹2900 is sold for ₹3335. What is the profit per cent?
  30. 30.The price of a box of mangoes changed from ₹40 to ₹56. What is the percentage increase?
  31. 31.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2700. What is the profit (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹700 at 5% per year for 3 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹6100 at 8% per year for 4 years (in ₹)?
  34. 34.A watch bought for ₹2500 is sold for ₹1250. What is the loss per cent?
  35. 35.The price of a bus pass changed from ₹25 to ₹30. What is the percentage increase?
  36. 36.What is 60% of 300?
  37. 37.What is 45% of 360?
  38. 38.A shopkeeper buys a table for ₹900 and sells it for ₹1100. What is the profit (in ₹)?
  39. 39.What is the simple interest on ₹1900 at 3% per year for 1 year (in ₹)?
  40. 40.A shopkeeper buys a fan for ₹2650 and sells it for ₹2460. What is the loss (in ₹)?

Answer key

  1. 1596
  2. 12
  3. 960
  4. 5
  5. 40
  6. 25
  7. 324
  8. 135
  9. 2800
  10. 2420
  11. 5
  12. 190
  13. 260
  14. 208
  15. 1008
  16. 80
  17. 60
  18. 1820
  19. 75
  20. 10
  21. 25
  22. 3811
  23. 534
  24. 2990
  25. 5450
  26. 300
  27. 760
  28. 110
  29. 15
  30. 40
  31. 150
  32. 805
  33. 8052
  34. 50
  35. 20
  36. 180
  37. 162
  38. 200
  39. 57
  40. 190

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