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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 642 · 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 cricket kit costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
  2. 2.What is the simple interest on ₹2900 at 8% per year for 2 years (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹1600 at 6% per year for 5 years (in ₹)?
  4. 4.What is the simple interest on ₹3900 at 7% per year for 3 years (in ₹)?
  5. 5.A shopkeeper buys a table for ₹1050 and sells it for ₹1250. What is the profit (in ₹)?
  6. 6.A cycle costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
  7. 7.The price of a cricket ball changed from ₹250 to ₹375. What is the percentage increase?
  8. 8.What is 20% of 100?
  9. 9.What is the simple interest on ₹500 at 7% per year for 1 year (in ₹)?
  10. 10.The price of a pair of shoes changed from ₹400 to ₹40. What is the percentage decrease?
  11. 11.What is 90% of 700?
  12. 12.What is the amount (principal + simple interest) on ₹2000 at 8% per year for 5 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹7600 at 9% per year for 4 years (in ₹)?
  14. 14.A fan costs ₹1500. It is sold at a 15% profit. What is the selling price (in ₹)?
  15. 15.What is 75% of 320?
  16. 16.What is the amount (principal + simple interest) on ₹4100 at 9% per year for 1 year (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹8900 at 11% per year for 1 year (in ₹)?
  18. 18.A fan costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
  19. 19.The price of a bus pass changed from ₹40 to ₹50. What is the percentage increase?
  20. 20.A table costs ₹2400. It is sold at a 25% loss. What is the selling price (in ₹)?
  21. 21.What is the simple interest on ₹500 at 6% per year for 1 year (in ₹)?
  22. 22.What is the simple interest on ₹6800 at 6% per year for 4 years (in ₹)?
  23. 23.The price of a bus pass changed from ₹20 to ₹21. What is the percentage increase?
  24. 24.The price of a water bottle changed from ₹40 to ₹64. What is the percentage increase?
  25. 25.A shopkeeper buys a cycle for ₹600 and sells it for ₹390. What is the loss (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 1 year (in ₹)?
  27. 27.A shopkeeper buys a table for ₹2800 and sells it for ₹2650. What is the loss (in ₹)?
  28. 28.A table costs ₹3600. It is sold at a 40% loss. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹6700 at 12% per year for 1 year (in ₹)?
  30. 30.What is 60% of 540?
  31. 31.What is 60% of 400?
  32. 32.The price of a bus pass changed from ₹250 to ₹275. What is the percentage increase?
  33. 33.A shopkeeper buys a watch for ₹400 and sells it for ₹520. What is the profit (in ₹)?
  34. 34.A shopkeeper buys a sewing machine for ₹1300 and sells it for ₹1220. What is the loss (in ₹)?
  35. 35.A shopkeeper buys a fan for ₹500 and sells it for ₹750. What is the profit (in ₹)?
  36. 36.A cricket kit costs ₹900. It is sold at a 30% profit. What is the selling price (in ₹)?
  37. 37.A mobile phone costs ₹3500. It is sold at a 15% profit. What is the selling price (in ₹)?
  38. 38.What is 90% of 520?
  39. 39.What is 90% of 580?
  40. 40.What is the simple interest on ₹7900 at 8% per year for 2 years (in ₹)?

Answer key

  1. 4800
  2. 464
  3. 2080
  4. 819
  5. 200
  6. 1260
  7. 50
  8. 20
  9. 35
  10. 90
  11. 630
  12. 2800
  13. 10336
  14. 1725
  15. 240
  16. 4469
  17. 9879
  18. 560
  19. 25
  20. 1800
  21. 30
  22. 1632
  23. 5
  24. 60
  25. 210
  26. 6695
  27. 150
  28. 2160
  29. 7504
  30. 324
  31. 240
  32. 10
  33. 120
  34. 80
  35. 250
  36. 1170
  37. 4025
  38. 468
  39. 522
  40. 1264

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