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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 629 · 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 simple interest on ₹1800 at 5% per year for 1 year (in ₹)?
  2. 2.A table costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹4400 at 9% per year for 3 years (in ₹)?
  4. 4.A cooler bought for ₹4000 is sold for ₹4480. What is the profit per cent?
  5. 5.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2270. What is the profit (in ₹)?
  6. 6.The price of a school bag changed from ₹50 to ₹25. What is the percentage decrease?
  7. 7.What is 75% of 280?
  8. 8.What is the amount (principal + simple interest) on ₹8200 at 6% per year for 3 years (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹1600 at 12% per year for 3 years (in ₹)?
  10. 10.What is 15% of 120?
  11. 11.What is 60% of 280?
  12. 12.A shopkeeper buys a fan for ₹600 and sells it for ₹390. What is the loss (in ₹)?
  13. 13.What is 15% of 860?
  14. 14.What is 70% of 580?
  15. 15.What is the amount (principal + simple interest) on ₹5200 at 9% per year for 2 years (in ₹)?
  16. 16.The price of a bus pass changed from ₹100 to ₹120. What is the percentage increase?
  17. 17.A sewing machine bought for ₹2800 is sold for ₹2100. What is the loss per cent?
  18. 18.A cycle bought for ₹3100 is sold for ₹2480. What is the loss per cent?
  19. 19.A cycle costs ₹3900. It is sold at a 5% loss. What is the selling price (in ₹)?
  20. 20.The price of a school bag changed from ₹250 to ₹245. What is the percentage decrease?
  21. 21.What is 90% of 240?
  22. 22.A cooler costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
  23. 23.What is 80% of 960?
  24. 24.A mobile phone costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
  25. 25.A cycle bought for ₹1600 is sold for ₹960. What is the loss per cent?
  26. 26.What is the simple interest on ₹5700 at 5% per year for 5 years (in ₹)?
  27. 27.A cricket kit costs ₹3200. It is sold at a 15% profit. What is the selling price (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹4400 at 5% per year for 5 years (in ₹)?
  29. 29.What is the simple interest on ₹9900 at 11% per year for 2 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹6200 at 4% per year for 4 years (in ₹)?
  31. 31.What is 95% of 560?
  32. 32.A shopkeeper buys a cycle for ₹550 and sells it for ₹690. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2460. What is the profit (in ₹)?
  34. 34.A fan costs ₹2000. It is sold at a 50% loss. What is the selling price (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹7200 at 7% per year for 2 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹1200 at 2% per year for 5 years (in ₹)?
  37. 37.A shopkeeper buys a watch for ₹1050 and sells it for ₹1150. What is the profit (in ₹)?
  38. 38.A sewing machine bought for ₹3500 is sold for ₹4550. What is the profit per cent?
  39. 39.What is the amount (principal + simple interest) on ₹6000 at 2% per year for 1 year (in ₹)?
  40. 40.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1370. What is the profit (in ₹)?

Answer key

  1. 90
  2. 3150
  3. 1188
  4. 12
  5. 20
  6. 50
  7. 210
  8. 9676
  9. 2176
  10. 18
  11. 168
  12. 210
  13. 129
  14. 406
  15. 6136
  16. 20
  17. 25
  18. 20
  19. 3705
  20. 2
  21. 216
  22. 1980
  23. 768
  24. 840
  25. 40
  26. 1425
  27. 3680
  28. 5500
  29. 2178
  30. 7192
  31. 532
  32. 140
  33. 110
  34. 1000
  35. 8208
  36. 1320
  37. 100
  38. 30
  39. 6120
  40. 120

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