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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 644 · 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 table bought for ₹3600 is sold for ₹3420. What is the loss per cent?
  2. 2.What is the amount (principal + simple interest) on ₹5500 at 11% per year for 1 year (in ₹)?
  3. 3.What is the simple interest on ₹5300 at 7% per year for 2 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹6500 at 7% per year for 1 year (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹500 at 4% per year for 2 years (in ₹)?
  6. 6.What is 85% of 940?
  7. 7.What is the amount (principal + simple interest) on ₹8400 at 4% per year for 1 year (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹6800 at 8% per year for 3 years (in ₹)?
  9. 9.A shopkeeper buys a cycle for ₹1650 and sells it for ₹1360. What is the loss (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹1000 at 4% per year for 3 years (in ₹)?
  11. 11.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹2100. What is the profit (in ₹)?
  12. 12.A cricket kit bought for ₹1100 is sold for ₹770. What is the loss per cent?
  13. 13.What is the simple interest on ₹7000 at 6% per year for 1 year (in ₹)?
  14. 14.What is 55% of 420?
  15. 15.The price of a cricket ball changed from ₹20 to ₹38. What is the percentage increase?
  16. 16.A table costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
  17. 17.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
  18. 18.A mobile phone costs ₹600. It is sold at a 5% loss. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹790. What is the loss (in ₹)?
  20. 20.A shopkeeper buys a watch for ₹1550 and sells it for ₹1650. What is the profit (in ₹)?
  21. 21.What is 15% of 140?
  22. 22.The price of a school bag changed from ₹400 to ₹640. What is the percentage increase?
  23. 23.A watch bought for ₹1900 is sold for ₹1710. What is the loss per cent?
  24. 24.A cricket kit costs ₹1500. It is sold at a 40% loss. What is the selling price (in ₹)?
  25. 25.What is 90% of 260?
  26. 26.What is the amount (principal + simple interest) on ₹1100 at 5% per year for 2 years (in ₹)?
  27. 27.What is the simple interest on ₹7100 at 12% per year for 3 years (in ₹)?
  28. 28.What is 35% of 360?
  29. 29.What is 75% of 220?
  30. 30.A shopkeeper buys a fan for ₹1100 and sells it for ₹1160. What is the profit (in ₹)?
  31. 31.The price of a cricket ball changed from ₹80 to ₹40. What is the percentage decrease?
  32. 32.A cooler costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹7200 at 9% per year for 1 year (in ₹)?
  34. 34.A cycle costs ₹3800. It is sold at a 10% profit. What is the selling price (in ₹)?
  35. 35.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2820. What is the profit (in ₹)?
  36. 36.A fan bought for ₹1800 is sold for ₹1440. What is the loss per cent?
  37. 37.A cricket kit bought for ₹2300 is sold for ₹2990. What is the profit per cent?
  38. 38.A cycle bought for ₹1800 is sold for ₹900. What is the loss per cent?
  39. 39.What is 25% of 240?
  40. 40.A fan bought for ₹1000 is sold for ₹880. What is the loss per cent?

Answer key

  1. 5
  2. 6105
  3. 742
  4. 6955
  5. 540
  6. 799
  7. 8736
  8. 8432
  9. 290
  10. 1120
  11. 50
  12. 30
  13. 420
  14. 231
  15. 90
  16. 560
  17. 80
  18. 570
  19. 260
  20. 100
  21. 21
  22. 60
  23. 10
  24. 900
  25. 234
  26. 1210
  27. 2556
  28. 126
  29. 165
  30. 60
  31. 50
  32. 2750
  33. 648
  34. 4180
  35. 270
  36. 20
  37. 30
  38. 50
  39. 60
  40. 12

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