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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 619 · 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 ₹9100 at 3% per year for 1 year (in ₹)?
  2. 2.A cricket kit costs ₹4000. It is sold at a 40% loss. What is the selling price (in ₹)?
  3. 3.What is 60% of 640?
  4. 4.What is the simple interest on ₹9400 at 4% per year for 5 years (in ₹)?
  5. 5.A shopkeeper buys a cricket kit for ₹1950 and sells it for ₹1850. What is the loss (in ₹)?
  6. 6.A table bought for ₹800 is sold for ₹1200. What is the profit per cent?
  7. 7.A shopkeeper buys a watch for ₹750 and sells it for ₹690. What is the loss (in ₹)?
  8. 8.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹310. What is the loss (in ₹)?
  9. 9.A table bought for ₹2100 is sold for ₹2205. What is the profit per cent?
  10. 10.The price of a school bag changed from ₹200 to ₹50. What is the percentage decrease?
  11. 11.A cricket kit bought for ₹500 is sold for ₹400. What is the loss per cent?
  12. 12.The price of a bus pass changed from ₹400 to ₹408. What is the percentage increase?
  13. 13.What is the amount (principal + simple interest) on ₹4300 at 4% per year for 4 years (in ₹)?
  14. 14.What is the simple interest on ₹3500 at 8% per year for 5 years (in ₹)?
  15. 15.A table costs ₹4000. It is sold at a 15% loss. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a table for ₹2100 and sells it for ₹2250. What is the profit (in ₹)?
  17. 17.A shopkeeper buys a watch for ₹1850 and sells it for ₹1690. What is the loss (in ₹)?
  18. 18.The price of a bus pass changed from ₹80 to ₹76. What is the percentage decrease?
  19. 19.What is the simple interest on ₹6900 at 5% per year for 3 years (in ₹)?
  20. 20.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹790. What is the loss (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹3100 at 6% per year for 1 year (in ₹)?
  22. 22.A shopkeeper buys a fan for ₹1700 and sells it for ₹1690. What is the loss (in ₹)?
  23. 23.A cooler bought for ₹3500 is sold for ₹3920. What is the profit per cent?
  24. 24.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹1070. What is the profit (in ₹)?
  25. 25.A shopkeeper buys a fan for ₹1650 and sells it for ₹1730. What is the profit (in ₹)?
  26. 26.A cooler bought for ₹3600 is sold for ₹3060. What is the loss per cent?
  27. 27.A sewing machine costs ₹2200. It is sold at a 40% loss. What is the selling price (in ₹)?
  28. 28.A cycle costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
  29. 29.What is 80% of 320?
  30. 30.A mobile phone costs ₹900. It is sold at a 15% profit. What is the selling price (in ₹)?
  31. 31.A cricket kit costs ₹2200. It is sold at a 40% profit. What is the selling price (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹2900 at 5% per year for 1 year (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹1000 at 8% per year for 3 years (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹7600 at 8% per year for 5 years (in ₹)?
  35. 35.A sewing machine bought for ₹1500 is sold for ₹900. What is the loss per cent?
  36. 36.A fan costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
  37. 37.What is the simple interest on ₹4000 at 11% per year for 3 years (in ₹)?
  38. 38.A sewing machine bought for ₹700 is sold for ₹490. What is the loss per cent?
  39. 39.A mobile phone costs ₹2300. It is sold at a 25% profit. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹810. What is the loss (in ₹)?

Answer key

  1. 9373
  2. 2400
  3. 384
  4. 1880
  5. 100
  6. 50
  7. 60
  8. 240
  9. 5
  10. 75
  11. 20
  12. 2
  13. 4988
  14. 1400
  15. 3400
  16. 150
  17. 160
  18. 5
  19. 1035
  20. 110
  21. 3286
  22. 10
  23. 12
  24. 220
  25. 80
  26. 15
  27. 1320
  28. 330
  29. 256
  30. 1035
  31. 3080
  32. 3045
  33. 1240
  34. 10640
  35. 40
  36. 4875
  37. 1320
  38. 30
  39. 2875
  40. 90

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