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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 571 · 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 ₹3700 at 10% per year for 3 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹6400 at 4% per year for 4 years (in ₹)?
  3. 3.A sewing machine bought for ₹3200 is sold for ₹4160. What is the profit per cent?
  4. 4.A sewing machine costs ₹1900. It is sold at a 50% profit. What is the selling price (in ₹)?
  5. 5.The price of a pair of shoes changed from ₹400 to ₹300. What is the percentage decrease?
  6. 6.What is 5% of 380?
  7. 7.A watch bought for ₹2800 is sold for ₹3920. What is the profit per cent?
  8. 8.What is the amount (principal + simple interest) on ₹3600 at 6% per year for 1 year (in ₹)?
  9. 9.A shopkeeper buys a fan for ₹500 and sells it for ₹370. What is the loss (in ₹)?
  10. 10.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹1090. What is the loss (in ₹)?
  11. 11.What is the simple interest on ₹5100 at 9% per year for 3 years (in ₹)?
  12. 12.What is the simple interest on ₹3300 at 3% per year for 5 years (in ₹)?
  13. 13.What is 65% of 460?
  14. 14.What is 95% of 660?
  15. 15.A cricket kit costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹6300 at 5% per year for 1 year (in ₹)?
  17. 17.What is the simple interest on ₹6800 at 7% per year for 3 years (in ₹)?
  18. 18.What is the simple interest on ₹4400 at 12% per year for 5 years (in ₹)?
  19. 19.A mobile phone bought for ₹700 is sold for ₹735. What is the profit per cent?
  20. 20.The price of a pair of shoes changed from ₹80 to ₹32. What is the percentage decrease?
  21. 21.A shopkeeper buys a fan for ₹1450 and sells it for ₹1340. What is the loss (in ₹)?
  22. 22.What is the simple interest on ₹1000 at 8% per year for 4 years (in ₹)?
  23. 23.The price of a box of mangoes changed from ₹20 to ₹19. What is the percentage decrease?
  24. 24.What is 10% of 240?
  25. 25.The price of a bus pass changed from ₹500 to ₹400. What is the percentage decrease?
  26. 26.What is 90% of 900?
  27. 27.What is the amount (principal + simple interest) on ₹7900 at 8% per year for 1 year (in ₹)?
  28. 28.The price of a bus pass changed from ₹40 to ₹56. What is the percentage increase?
  29. 29.What is the simple interest on ₹5500 at 8% per year for 3 years (in ₹)?
  30. 30.A fan bought for ₹200 is sold for ₹260. What is the profit per cent?
  31. 31.The price of a cricket ball changed from ₹500 to ₹250. What is the percentage decrease?
  32. 32.A shopkeeper buys a fan for ₹2900 and sells it for ₹3190. What is the profit (in ₹)?
  33. 33.The price of a pair of shoes changed from ₹20 to ₹10. What is the percentage decrease?
  34. 34.A sewing machine costs ₹3300. It is sold at a 10% loss. What is the selling price (in ₹)?
  35. 35.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2470. What is the profit (in ₹)?
  36. 36.What is 5% of 120?
  37. 37.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1320. What is the loss (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 1 year (in ₹)?
  39. 39.What is the simple interest on ₹3800 at 6% per year for 5 years (in ₹)?
  40. 40.A sewing machine bought for ₹2000 is sold for ₹1600. What is the loss per cent?

Answer key

  1. 4810
  2. 7424
  3. 30
  4. 2850
  5. 25
  6. 19
  7. 40
  8. 3816
  9. 130
  10. 10
  11. 1377
  12. 495
  13. 299
  14. 627
  15. 3000
  16. 6615
  17. 1428
  18. 2640
  19. 5
  20. 60
  21. 110
  22. 320
  23. 5
  24. 24
  25. 20
  26. 810
  27. 8532
  28. 40
  29. 1320
  30. 30
  31. 50
  32. 290
  33. 50
  34. 2970
  35. 120
  36. 6
  37. 280
  38. 6695
  39. 1140
  40. 20

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