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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 602 · 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 ₹7400 at 12% per year for 2 years (in ₹)?
  2. 2.A table costs ₹1500. It is sold at a 30% profit. What is the selling price (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹4000 at 5% per year for 1 year (in ₹)?
  4. 4.A table bought for ₹1100 is sold for ₹1045. What is the loss per cent?
  5. 5.What is 65% of 220?
  6. 6.What is the simple interest on ₹3500 at 9% per year for 2 years (in ₹)?
  7. 7.A mobile phone costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹2200 at 11% per year for 4 years (in ₹)?
  9. 9.A cycle bought for ₹600 is sold for ₹480. What is the loss per cent?
  10. 10.A cooler costs ₹3500. It is sold at a 5% profit. What is the selling price (in ₹)?
  11. 11.A table bought for ₹3500 is sold for ₹3675. What is the profit per cent?
  12. 12.A cooler bought for ₹2100 is sold for ₹2940. What is the profit per cent?
  13. 13.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2190. What is the loss (in ₹)?
  14. 14.The price of a pair of shoes changed from ₹200 to ₹20. What is the percentage decrease?
  15. 15.A sewing machine bought for ₹500 is sold for ₹600. What is the profit per cent?
  16. 16.A cycle costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
  17. 17.What is 45% of 740?
  18. 18.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
  19. 19.What is the simple interest on ₹5100 at 2% per year for 5 years (in ₹)?
  20. 20.A table bought for ₹2800 is sold for ₹2940. What is the profit per cent?
  21. 21.What is the simple interest on ₹6200 at 2% per year for 3 years (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹9000 at 4% per year for 1 year (in ₹)?
  23. 23.What is 95% of 280?
  24. 24.A shopkeeper buys a table for ₹1450 and sells it for ₹1520. What is the profit (in ₹)?
  25. 25.A cricket kit bought for ₹2200 is sold for ₹1936. What is the loss per cent?
  26. 26.What is the amount (principal + simple interest) on ₹3200 at 4% per year for 2 years (in ₹)?
  27. 27.The price of a box of mangoes changed from ₹40 to ₹70. What is the percentage increase?
  28. 28.A cooler bought for ₹800 is sold for ₹920. What is the profit per cent?
  29. 29.What is the amount (principal + simple interest) on ₹7800 at 2% per year for 1 year (in ₹)?
  30. 30.What is 90% of 80?
  31. 31.What is 90% of 900?
  32. 32.What is the amount (principal + simple interest) on ₹2300 at 2% per year for 1 year (in ₹)?
  33. 33.The price of a bus pass changed from ₹250 to ₹200. What is the percentage decrease?
  34. 34.The price of a water bottle changed from ₹250 to ₹225. What is the percentage decrease?
  35. 35.A watch costs ₹2900. It is sold at a 40% loss. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a fan for ₹900 and sells it for ₹1050. What is the profit (in ₹)?
  37. 37.A shopkeeper buys a fan for ₹700 and sells it for ₹820. What is the profit (in ₹)?
  38. 38.A shopkeeper buys a cycle for ₹2150 and sells it for ₹1920. What is the loss (in ₹)?
  39. 39.A shopkeeper buys a cycle for ₹1000 and sells it for ₹1180. What is the profit (in ₹)?
  40. 40.A watch bought for ₹800 is sold for ₹880. What is the profit per cent?

Answer key

  1. 9176
  2. 1950
  3. 4200
  4. 5
  5. 143
  6. 630
  7. 630
  8. 3168
  9. 20
  10. 3675
  11. 5
  12. 40
  13. 110
  14. 90
  15. 20
  16. 390
  17. 333
  18. 40
  19. 510
  20. 5
  21. 372
  22. 9360
  23. 266
  24. 70
  25. 12
  26. 3456
  27. 75
  28. 15
  29. 7956
  30. 72
  31. 810
  32. 2346
  33. 20
  34. 10
  35. 1740
  36. 150
  37. 120
  38. 230
  39. 180
  40. 10

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