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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 610 · 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 10% per year for 5 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹6200 at 5% per year for 4 years (in ₹)?
  3. 3.A shopkeeper buys a table for ₹750 and sells it for ₹610. What is the loss (in ₹)?
  4. 4.A fan costs ₹2600. It is sold at a 5% loss. What is the selling price (in ₹)?
  5. 5.The price of a box of mangoes changed from ₹100 to ₹125. What is the percentage increase?
  6. 6.A cooler costs ₹1200. It is sold at a 15% loss. What is the selling price (in ₹)?
  7. 7.The price of a cricket ball changed from ₹40 to ₹28. What is the percentage decrease?
  8. 8.A shopkeeper buys a cooler for ₹1850 and sells it for ₹1700. What is the loss (in ₹)?
  9. 9.A shopkeeper buys a cooler for ₹500 and sells it for ₹730. What is the profit (in ₹)?
  10. 10.A fan bought for ₹300 is sold for ₹336. What is the profit per cent?
  11. 11.A cooler costs ₹3300. It is sold at a 20% loss. What is the selling price (in ₹)?
  12. 12.A cricket kit costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
  13. 13.What is the simple interest on ₹4600 at 11% per year for 1 year (in ₹)?
  14. 14.What is the simple interest on ₹2800 at 12% per year for 3 years (in ₹)?
  15. 15.The price of a cricket ball changed from ₹20 to ₹18. What is the percentage decrease?
  16. 16.What is the simple interest on ₹7200 at 2% per year for 2 years (in ₹)?
  17. 17.A shopkeeper buys a watch for ₹800 and sells it for ₹1000. What is the profit (in ₹)?
  18. 18.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1080. What is the loss (in ₹)?
  19. 19.A cycle bought for ₹900 is sold for ₹990. What is the profit per cent?
  20. 20.What is 20% of 40?
  21. 21.What is 30% of 580?
  22. 22.The price of a pair of shoes changed from ₹250 to ₹400. What is the percentage increase?
  23. 23.What is the simple interest on ₹4400 at 6% per year for 3 years (in ₹)?
  24. 24.The price of a box of mangoes changed from ₹40 to ₹50. What is the percentage increase?
  25. 25.A shopkeeper buys a fan for ₹900 and sells it for ₹820. What is the loss (in ₹)?
  26. 26.A shopkeeper buys a fan for ₹850 and sells it for ₹1080. What is the profit (in ₹)?
  27. 27.What is 15% of 920?
  28. 28.The price of a bus pass changed from ₹50 to ₹60. What is the percentage increase?
  29. 29.A cooler costs ₹1100. It is sold at a 25% profit. What is the selling price (in ₹)?
  30. 30.A mobile phone costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
  31. 31.What is 90% of 140?
  32. 32.What is 35% of 680?
  33. 33.A shopkeeper buys a cycle for ₹350 and sells it for ₹460. What is the profit (in ₹)?
  34. 34.What is 15% of 840?
  35. 35.A fan costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹8800 at 3% per year for 4 years (in ₹)?
  37. 37.A table costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
  38. 38.What is the simple interest on ₹3600 at 9% per year for 2 years (in ₹)?
  39. 39.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹610. What is the profit (in ₹)?
  40. 40.A cricket kit bought for ₹3300 is sold for ₹3696. What is the profit per cent?

Answer key

  1. 750
  2. 7440
  3. 140
  4. 2470
  5. 25
  6. 1020
  7. 30
  8. 150
  9. 230
  10. 12
  11. 2640
  12. 4800
  13. 506
  14. 1008
  15. 10
  16. 288
  17. 200
  18. 120
  19. 10
  20. 8
  21. 174
  22. 60
  23. 792
  24. 25
  25. 80
  26. 230
  27. 138
  28. 20
  29. 1375
  30. 4800
  31. 126
  32. 238
  33. 110
  34. 126
  35. 1760
  36. 9856
  37. 150
  38. 648
  39. 160
  40. 12

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