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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 607 · 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 fan for ₹800 and sells it for ₹780. What is the loss (in ₹)?
  2. 2.What is the simple interest on ₹500 at 9% per year for 2 years (in ₹)?
  3. 3.The price of a water bottle changed from ₹250 to ₹125. What is the percentage decrease?
  4. 4.A cooler costs ₹200. It is sold at a 10% profit. What is the selling price (in ₹)?
  5. 5.What is 20% of 40?
  6. 6.What is 85% of 80?
  7. 7.What is the simple interest on ₹1100 at 3% per year for 3 years (in ₹)?
  8. 8.The price of a box of mangoes changed from ₹200 to ₹210. What is the percentage increase?
  9. 9.What is the amount (principal + simple interest) on ₹800 at 12% per year for 2 years (in ₹)?
  10. 10.The price of a box of mangoes changed from ₹80 to ₹104. What is the percentage increase?
  11. 11.What is the amount (principal + simple interest) on ₹9800 at 4% per year for 5 years (in ₹)?
  12. 12.What is the simple interest on ₹9600 at 11% per year for 4 years (in ₹)?
  13. 13.What is 5% of 180?
  14. 14.A mobile phone bought for ₹400 is sold for ₹420. What is the profit per cent?
  15. 15.A cricket kit costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
  16. 16.What is 85% of 280?
  17. 17.What is the amount (principal + simple interest) on ₹3500 at 5% per year for 3 years (in ₹)?
  18. 18.What is 15% of 40?
  19. 19.What is the amount (principal + simple interest) on ₹9600 at 8% per year for 4 years (in ₹)?
  20. 20.A mobile phone costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
  21. 21.The price of a box of mangoes changed from ₹200 to ₹196. What is the percentage decrease?
  22. 22.A cycle bought for ₹2000 is sold for ₹2300. What is the profit per cent?
  23. 23.A fan costs ₹3300. It is sold at a 20% profit. What is the selling price (in ₹)?
  24. 24.What is the simple interest on ₹4000 at 3% per year for 3 years (in ₹)?
  25. 25.What is 45% of 840?
  26. 26.What is 55% of 660?
  27. 27.What is 20% of 80?
  28. 28.A cycle bought for ₹2200 is sold for ₹2420. What is the profit per cent?
  29. 29.What is the simple interest on ₹6400 at 2% per year for 3 years (in ₹)?
  30. 30.A shopkeeper buys a watch for ₹2950 and sells it for ₹2980. What is the profit (in ₹)?
  31. 31.What is the simple interest on ₹3500 at 11% per year for 5 years (in ₹)?
  32. 32.A shopkeeper buys a watch for ₹1550 and sells it for ₹1810. What is the profit (in ₹)?
  33. 33.The price of a school bag changed from ₹40 to ₹60. What is the percentage increase?
  34. 34.What is the amount (principal + simple interest) on ₹1900 at 9% per year for 4 years (in ₹)?
  35. 35.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹950. What is the profit (in ₹)?
  36. 36.What is 60% of 40?
  37. 37.A shopkeeper buys a fan for ₹1500 and sells it for ₹1430. What is the loss (in ₹)?
  38. 38.A shopkeeper buys a table for ₹1800 and sells it for ₹1740. What is the loss (in ₹)?
  39. 39.What is 45% of 360?
  40. 40.What is the simple interest on ₹9400 at 3% per year for 2 years (in ₹)?

Answer key

  1. 20
  2. 90
  3. 50
  4. 220
  5. 8
  6. 68
  7. 99
  8. 5
  9. 992
  10. 30
  11. 11760
  12. 4224
  13. 9
  14. 5
  15. 855
  16. 238
  17. 4025
  18. 6
  19. 12672
  20. 1792
  21. 2
  22. 15
  23. 3960
  24. 360
  25. 378
  26. 363
  27. 16
  28. 10
  29. 384
  30. 30
  31. 1925
  32. 260
  33. 50
  34. 2584
  35. 150
  36. 24
  37. 70
  38. 60
  39. 162
  40. 564

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