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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 57 · 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 cricket kit for ₹2450 and sells it for ₹2250. What is the loss (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹7900 at 11% per year for 4 years (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 4 years (in ₹)?
  4. 4.The price of a school bag changed from ₹80 to ₹76. What is the percentage decrease?
  5. 5.What is the simple interest on ₹5800 at 2% per year for 2 years (in ₹)?
  6. 6.What is 90% of 840?
  7. 7.The price of a pair of shoes changed from ₹25 to ₹35. What is the percentage increase?
  8. 8.What is the simple interest on ₹6500 at 9% per year for 3 years (in ₹)?
  9. 9.A sewing machine costs ₹3300. It is sold at a 12% loss. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹6100 at 11% per year for 2 years (in ₹)?
  11. 11.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1370. What is the loss (in ₹)?
  12. 12.A shopkeeper buys a cricket kit for ₹2950 and sells it for ₹2730. What is the loss (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹2200 at 11% per year for 1 year (in ₹)?
  14. 14.The price of a box of mangoes changed from ₹250 to ₹350. What is the percentage increase?
  15. 15.What is the amount (principal + simple interest) on ₹3500 at 9% per year for 3 years (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹3000 at 2% per year for 4 years (in ₹)?
  17. 17.A shopkeeper buys a cricket kit for ₹1050 and sells it for ₹1270. What is the profit (in ₹)?
  18. 18.What is 45% of 100?
  19. 19.A shopkeeper buys a sewing machine for ₹2400 and sells it for ₹2480. What is the profit (in ₹)?
  20. 20.A watch bought for ₹1400 is sold for ₹1260. What is the loss per cent?
  21. 21.A table bought for ₹3200 is sold for ₹3680. What is the profit per cent?
  22. 22.The price of a pair of shoes changed from ₹40 to ₹56. What is the percentage increase?
  23. 23.What is 15% of 1000?
  24. 24.What is the simple interest on ₹4000 at 10% per year for 3 years (in ₹)?
  25. 25.The price of a cricket ball changed from ₹400 to ₹408. What is the percentage increase?
  26. 26.What is 20% of 160?
  27. 27.What is the simple interest on ₹9700 at 7% per year for 5 years (in ₹)?
  28. 28.A mobile phone bought for ₹4000 is sold for ₹5000. What is the profit per cent?
  29. 29.A cycle costs ₹1700. It is sold at a 50% profit. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2710. What is the profit (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹4600 at 2% per year for 2 years (in ₹)?
  32. 32.What is 45% of 520?
  33. 33.A cooler costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
  34. 34.A shopkeeper buys a watch for ₹300 and sells it for ₹350. What is the profit (in ₹)?
  35. 35.A watch costs ₹300. It is sold at a 50% loss. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a cycle for ₹1150 and sells it for ₹970. What is the loss (in ₹)?
  37. 37.A table costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
  38. 38.What is the simple interest on ₹6700 at 10% per year for 2 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹8500 at 7% per year for 5 years (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹8700 at 9% per year for 2 years (in ₹)?

Answer key

  1. 200
  2. 11376
  3. 5376
  4. 5
  5. 232
  6. 756
  7. 40
  8. 1755
  9. 2904
  10. 7442
  11. 230
  12. 220
  13. 2442
  14. 40
  15. 4445
  16. 3240
  17. 220
  18. 45
  19. 80
  20. 10
  21. 15
  22. 40
  23. 150
  24. 1200
  25. 2
  26. 32
  27. 3395
  28. 25
  29. 2550
  30. 260
  31. 4784
  32. 234
  33. 990
  34. 50
  35. 150
  36. 180
  37. 1105
  38. 1340
  39. 11475
  40. 10266

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