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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 572 · 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 ₹500 at 2% per year for 3 years (in ₹)?
  2. 2.A cycle costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
  3. 3.What is 90% of 360?
  4. 4.A shopkeeper buys a cricket kit for ₹1950 and sells it for ₹2110. What is the profit (in ₹)?
  5. 5.What is the simple interest on ₹2900 at 10% per year for 1 year (in ₹)?
  6. 6.A sewing machine bought for ₹200 is sold for ₹250. What is the profit per cent?
  7. 7.A shopkeeper buys a cooler for ₹1150 and sells it for ₹1080. What is the loss (in ₹)?
  8. 8.What is 85% of 200?
  9. 9.What is 15% of 100?
  10. 10.A mobile phone costs ₹200. It is sold at a 40% loss. What is the selling price (in ₹)?
  11. 11.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
  12. 12.A fan bought for ₹2000 is sold for ₹1500. What is the loss per cent?
  13. 13.A cooler costs ₹4000. It is sold at a 5% loss. What is the selling price (in ₹)?
  14. 14.A sewing machine costs ₹3900. It is sold at a 40% loss. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹8800 at 9% per year for 2 years (in ₹)?
  16. 16.A table bought for ₹3000 is sold for ₹2640. What is the loss per cent?
  17. 17.The price of a cricket ball changed from ₹40 to ₹16. What is the percentage decrease?
  18. 18.The price of a pair of shoes changed from ₹80 to ₹16. What is the percentage decrease?
  19. 19.A mobile phone costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
  20. 20.What is 60% of 180?
  21. 21.A cooler bought for ₹1100 is sold for ₹1265. What is the profit per cent?
  22. 22.What is the simple interest on ₹1400 at 8% per year for 3 years (in ₹)?
  23. 23.A shopkeeper buys a table for ₹1950 and sells it for ₹2170. What is the profit (in ₹)?
  24. 24.The price of a bus pass changed from ₹40 to ₹36. What is the percentage decrease?
  25. 25.A shopkeeper buys a cricket kit for ₹3000 and sells it for ₹3250. What is the profit (in ₹)?
  26. 26.A fan bought for ₹2900 is sold for ₹1450. What is the loss per cent?
  27. 27.What is the amount (principal + simple interest) on ₹500 at 4% per year for 1 year (in ₹)?
  28. 28.A fan bought for ₹3900 is sold for ₹2340. What is the loss per cent?
  29. 29.A cricket kit costs ₹2900. It is sold at a 30% profit. What is the selling price (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹2100 at 5% per year for 1 year (in ₹)?
  31. 31.A table costs ₹1400. It is sold at a 30% profit. What is the selling price (in ₹)?
  32. 32.What is 5% of 40?
  33. 33.A fan costs ₹700. It is sold at a 30% profit. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹8800 at 9% per year for 4 years (in ₹)?
  35. 35.A cooler costs ₹1800. It is sold at a 20% profit. What is the selling price (in ₹)?
  36. 36.What is 25% of 980?
  37. 37.The price of a water bottle changed from ₹50 to ₹51. What is the percentage increase?
  38. 38.A shopkeeper buys a table for ₹200 and sells it for ₹160. What is the loss (in ₹)?
  39. 39.What is the simple interest on ₹8100 at 7% per year for 4 years (in ₹)?
  40. 40.A shopkeeper buys a cycle for ₹1700 and sells it for ₹1730. What is the profit (in ₹)?

Answer key

  1. 530
  2. 1792
  3. 324
  4. 160
  5. 290
  6. 25
  7. 70
  8. 170
  9. 15
  10. 120
  11. 30
  12. 25
  13. 3800
  14. 2340
  15. 1584
  16. 12
  17. 60
  18. 80
  19. 704
  20. 108
  21. 15
  22. 336
  23. 220
  24. 10
  25. 250
  26. 50
  27. 520
  28. 40
  29. 3770
  30. 2205
  31. 1820
  32. 2
  33. 910
  34. 11968
  35. 2160
  36. 245
  37. 2
  38. 40
  39. 2268
  40. 30

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