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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 630 · 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 cooler bought for ₹2000 is sold for ₹1800. What is the loss per cent?
  2. 2.What is the simple interest on ₹3500 at 12% per year for 5 years (in ₹)?
  3. 3.A mobile phone bought for ₹2600 is sold for ₹3640. What is the profit per cent?
  4. 4.What is the amount (principal + simple interest) on ₹8200 at 10% per year for 1 year (in ₹)?
  5. 5.What is the simple interest on ₹2100 at 11% per year for 1 year (in ₹)?
  6. 6.A sewing machine bought for ₹2600 is sold for ₹1560. What is the loss per cent?
  7. 7.What is the amount (principal + simple interest) on ₹2300 at 2% per year for 5 years (in ₹)?
  8. 8.What is the simple interest on ₹6000 at 3% per year for 4 years (in ₹)?
  9. 9.The price of a pair of shoes changed from ₹50 to ₹5. What is the percentage decrease?
  10. 10.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 5 years (in ₹)?
  11. 11.A shopkeeper buys a fan for ₹600 and sells it for ₹540. What is the loss (in ₹)?
  12. 12.What is the simple interest on ₹900 at 8% per year for 1 year (in ₹)?
  13. 13.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
  14. 14.What is the simple interest on ₹9700 at 9% per year for 3 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹9600 at 12% per year for 4 years (in ₹)?
  16. 16.A shopkeeper buys a cooler for ₹1800 and sells it for ₹2090. What is the profit (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹9500 at 7% per year for 2 years (in ₹)?
  18. 18.A shopkeeper buys a table for ₹1050 and sells it for ₹930. What is the loss (in ₹)?
  19. 19.A shopkeeper buys a cricket kit for ₹2750 and sells it for ₹2870. What is the profit (in ₹)?
  20. 20.What is 45% of 640?
  21. 21.What is 95% of 580?
  22. 22.The price of a pair of shoes changed from ₹80 to ₹72. What is the percentage decrease?
  23. 23.The price of a water bottle changed from ₹100 to ₹110. What is the percentage increase?
  24. 24.What is the amount (principal + simple interest) on ₹1900 at 3% per year for 3 years (in ₹)?
  25. 25.A cricket kit bought for ₹2400 is sold for ₹1680. What is the loss per cent?
  26. 26.What is 20% of 900?
  27. 27.The price of a bus pass changed from ₹80 to ₹96. What is the percentage increase?
  28. 28.A sewing machine bought for ₹1000 is sold for ₹750. What is the loss per cent?
  29. 29.What is the simple interest on ₹7300 at 11% per year for 4 years (in ₹)?
  30. 30.What is 75% of 980?
  31. 31.The price of a box of mangoes changed from ₹20 to ₹38. What is the percentage increase?
  32. 32.A shopkeeper buys a watch for ₹1900 and sells it for ₹2120. What is the profit (in ₹)?
  33. 33.The price of a bus pass changed from ₹400 to ₹160. What is the percentage decrease?
  34. 34.The price of a box of mangoes changed from ₹500 to ₹125. What is the percentage decrease?
  35. 35.A shopkeeper buys a cycle for ₹1150 and sells it for ₹1380. What is the profit (in ₹)?
  36. 36.What is the simple interest on ₹1000 at 2% per year for 2 years (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹200 to ₹40. What is the percentage decrease?
  38. 38.What is the amount (principal + simple interest) on ₹6700 at 7% per year for 1 year (in ₹)?
  39. 39.A watch bought for ₹300 is sold for ₹315. What is the profit per cent?
  40. 40.A watch bought for ₹2100 is sold for ₹1470. What is the loss per cent?

Answer key

  1. 10
  2. 2100
  3. 40
  4. 9020
  5. 231
  6. 40
  7. 2530
  8. 720
  9. 90
  10. 1725
  11. 60
  12. 72
  13. 80
  14. 2619
  15. 14208
  16. 290
  17. 10830
  18. 120
  19. 120
  20. 288
  21. 551
  22. 10
  23. 10
  24. 2071
  25. 30
  26. 180
  27. 20
  28. 25
  29. 3212
  30. 735
  31. 90
  32. 220
  33. 60
  34. 75
  35. 230
  36. 40
  37. 80
  38. 7169
  39. 5
  40. 30

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