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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 633 · 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 ₹8600 at 3% per year for 4 years (in ₹)?
  2. 2.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2900. What is the profit (in ₹)?
  3. 3.A shopkeeper buys a table for ₹2650 and sells it for ₹2780. What is the profit (in ₹)?
  4. 4.A mobile phone costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
  5. 5.The price of a school bag changed from ₹20 to ₹28. What is the percentage increase?
  6. 6.The price of a box of mangoes changed from ₹25 to ₹35. What is the percentage increase?
  7. 7.What is the simple interest on ₹7000 at 12% per year for 4 years (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹700 at 5% per year for 3 years (in ₹)?
  9. 9.The price of a bus pass changed from ₹200 to ₹380. What is the percentage increase?
  10. 10.The price of a school bag changed from ₹80 to ₹84. What is the percentage increase?
  11. 11.A shopkeeper buys a watch for ₹900 and sells it for ₹970. What is the profit (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹6200 at 3% per year for 5 years (in ₹)?
  13. 13.A mobile phone costs ₹3400. It is sold at a 50% profit. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹660. What is the profit (in ₹)?
  15. 15.The price of a cricket ball changed from ₹20 to ₹19. What is the percentage decrease?
  16. 16.A shopkeeper buys a fan for ₹1850 and sells it for ₹2030. What is the profit (in ₹)?
  17. 17.The price of a water bottle changed from ₹100 to ₹70. What is the percentage decrease?
  18. 18.What is the amount (principal + simple interest) on ₹7000 at 2% per year for 3 years (in ₹)?
  19. 19.What is 70% of 100?
  20. 20.A sewing machine costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
  21. 21.A watch bought for ₹2400 is sold for ₹2688. What is the profit per cent?
  22. 22.What is 40% of 640?
  23. 23.A cycle bought for ₹1700 is sold for ₹1530. What is the loss per cent?
  24. 24.What is 10% of 340?
  25. 25.A fan bought for ₹1500 is sold for ₹2100. What is the profit per cent?
  26. 26.A cricket kit costs ₹600. It is sold at a 40% loss. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a cycle for ₹3000 and sells it for ₹2750. What is the loss (in ₹)?
  28. 28.A fan bought for ₹3900 is sold for ₹4095. What is the profit per cent?
  29. 29.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹3020. What is the profit (in ₹)?
  30. 30.The price of a water bottle changed from ₹80 to ₹64. What is the percentage decrease?
  31. 31.What is the simple interest on ₹4900 at 12% per year for 5 years (in ₹)?
  32. 32.A table bought for ₹200 is sold for ₹180. What is the loss per cent?
  33. 33.A cycle bought for ₹3900 is sold for ₹2925. What is the loss per cent?
  34. 34.What is the amount (principal + simple interest) on ₹1300 at 5% per year for 2 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹3300 at 9% per year for 1 year (in ₹)?
  36. 36.A cycle bought for ₹300 is sold for ₹450. What is the profit per cent?
  37. 37.What is 80% of 100?
  38. 38.What is the amount (principal + simple interest) on ₹4100 at 6% per year for 2 years (in ₹)?
  39. 39.What is the simple interest on ₹9600 at 5% per year for 3 years (in ₹)?
  40. 40.A table bought for ₹1000 is sold for ₹700. What is the loss per cent?

Answer key

  1. 1032
  2. 250
  3. 130
  4. 3220
  5. 40
  6. 40
  7. 3360
  8. 805
  9. 90
  10. 5
  11. 70
  12. 7130
  13. 5100
  14. 210
  15. 5
  16. 180
  17. 30
  18. 7420
  19. 70
  20. 910
  21. 12
  22. 256
  23. 10
  24. 34
  25. 40
  26. 360
  27. 250
  28. 5
  29. 70
  30. 20
  31. 2940
  32. 10
  33. 25
  34. 1430
  35. 3597
  36. 50
  37. 80
  38. 4592
  39. 1440
  40. 30

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